The brand has been losing market share for a while now. Plus, state EV incentives, affiliate links, and a mini retirement.
The company said this week to expect layoffs.
OpenAI announced it's postponing its planned IPO until it can make “confident safety decisions,” according to CEO Sam Altman.
Companies that used to be flush with cash are now borrowing to buy more from the chipmaker.
Yesterday, Paramount Skydance reached a settlement, clearing the last major roadblock to its $111 billion acquisition of Warner Bros. Discovery.
The rebrand for the largest baby clothing company in the U.S. comes as the industry contends with tighter budgets and a falling birth rate.
Older athleisure brands like Lululemon have had a rocky year. But Americans’ appetite for exercise offers a glimmer of hope.
The company is cutting layers of management to streamline decision-making. Will it work?
Shein first tried going public in 2020, but consumers have raised concerns around the fast-fashion giant’s environmental and labor practices.
Best Buy announced this week that it’s raising its outlook for the fiscal year. This follows a second quarter that saw the retailer’s comparable sales increase 4.1%.
