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Conway store worker recalls couple accused in large-scale retail theft coming into shop

CONWAY, Ark. – Conway police arrested a couple allegedly involved in a large-scale retail theft operation in Walmart stores across multiple states, including Arkansas. Police say Taylor Lynn Ferguson and Christina Audrey Ferguson are accused of more than 120 thefts. Authorities said they worked with Walmart Asset Protection to make the arrests. Couple arrested in […]

Weather

Tariffs could impact ‘most of the retail industry’ through 2025

The retail sector is facing challenges as tariffs on imports, particularly from Mexico, could increase prices for everyday items. Forrester Research retail analyst Sucharita Kodali joins Wealth host Madison Mills to explain the broader impact of these tariffs on the retail industry. “There’s question that it’s going to affect most of the retail industry through […]

Business & Finance

AI chatbots emerged as a go-to tool for holiday shoppers. What that means for our retail stocks

There’s a new shopping sidekick in town: generative AI. Looking for gift ideas and bargains, online shoppers flocked to artificial intelligence chatbots in droves this holiday season. Retailers reaped the benefits, particularly portfolio name Amazon . Clicking on a link to a retail site provided by AI increased 1,300% year over year during November and […]

Business & Finance

Trading platform Dub will pay some retail investors to share portfolios through TikTok-like ‘creator program’

Manusapon Kasosod | Moment | Getty Images Dub, a platform that allows retail traders to mimic the investments of notable people in business and government, debuted a service Thursday that pays select everyday investors to share their portfolios. Retail traders accepted into Dub’s so-called top creator program will be paid royalties for users to access […]

Business & Finance

9 Trends & Strategies For The Year Ahead

Maison Meta (no relation) is using AI to push creative frontiers, including enshrining legacy into … [+] future designs Maison Meta In 2024 we saw Brat vibes thrive, AI expand its remit as both a preternaturally brilliant ally and an all-the-buttons-pushing agitator and luxury shift on an increasingly creaky axis, among many other things. In […]

Business & Finance

Nvidia sees ‘remarkable’ influx of retail investor dollars as traders flock to AI darling

Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images As Michael MacGillivray saw artificial intelligence becoming more ubiquitous in everyday life, the 25-year-old wanted his investments to reflect that. It didn’t take […]

Business & Finance

China retail sales growth weakens unexpectedly in November

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Retail sales in China missed expectations in November, adding to pressure on policymakers as they battle to boost momentum in the world’s second-largest economy. The consumption gauge added 3 per cent year-on-year, below a forecast […]

Business & Finance

Retail returns: An $890 billion problem

A driver for an independent contractor to FedEx delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images Holiday shopping is expected to reach record levels this year. But a growing share of those purchases will be sent back. Returns in 2024 are expected to […]

Business & Finance

Retail winners pull away from the pack

Shoppers outside a Target store ahead of Black Friday in Clifton, New Jersey, US, on Tuesday, Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images As the holiday season heats up, retailers are getting a fresh opportunity to attract even the most selective shoppers and convince them to splurge on discretionary items like […]