TikTok Shop is making big changes to its teams. This is after a successful Black Friday week. The company is reorganizing its global e-commerce product and data science teams. The goal is to work better together and improve how things run. A leader named Zhou Sheng is stepping aside. He helped buil
Costco has been doing well in terms of sales, but its stock is not keeping up. In the first quarter of fiscal 2026, Costco made $4. 50 per share. This was more than what experts thought it would make. The company's total revenue went up by 8. 3% to $67. 3 billion. Membership fees also went up by 14%
True Religion, a brand known for its high-end jeans, faced tough times after its former president, Michael Buckley, stepped down in 2010. The company struggled to keep up with the growing trend of online shopping and filed for bankruptcy not once, but twice—in 2017 and 2020. Buckley returned to the
India is becoming a hotspot for major tech companies. Amazon and Microsoft are pouring in huge amounts of money. Amazon plans to invest $35 billion by 2030. This money will go into online shopping, AI, delivery services, and helping small businesses sell abroad. Microsoft is also investing $17. 5 bi
LPP, a fashion brand based in Gdansk, Poland, is doing well and might even beat its yearly goals. The company's CFO, Marcin Bojko, said this is thanks to smart cost-saving moves, like using robots in their warehouses and AI to help things run smoother. These changes saved more money than they though
Black Friday has changed a lot in recent years. People are now shopping online more than ever. In fact, shoppers spent a whopping $8. 6 billion online on Black Friday. This is a big jump from last year. Online sales went up by 9. 4%. That's a lot of money spent from the comfort of home. Why are peo
The Buy Now, Pay Later (BNPL) scene in the U. S. is booming, with big names like Affirm, Afterpay, and Klarna leading the pack. These companies are teaming up with major retailers to offer flexible payment plans, making BNPL a go-to choice for many shoppers, especially younger ones. The market is ex
Alibaba's cloud business is growing fast. In the last quarter, it grew by 34%. This is a big deal because the company is investing heavily in AI. The company plans to spend at least 380 billion yuan on cloud computing and AI over the next three years. But not everything is going well. Alibaba's ove
Walmart's stock has seen a remarkable rise since Doug McMillon took the helm in 2014. It has more than quadrupled in value, outperforming many of its competitors. Only Amazon and Costco have seen better returns in that time. Target, Dollar General, Dollar Tree, Kroger, and Albertsons have all lagged
France is taking a firm stance against Shein, a popular online shopping platform. The issue? A sex doll with childlike features was found on their website. French authorities were quick to react, calling out the disturbing nature of the product and its description. The doll, standing at 80 centimete
