This picture shows the logo of US online retail giant Amazon at the distribution center in … [+] Moenchengladbach, western Germany, on December 17, 2019. (Photo by INA FASSBENDER / AFP) (Photo by INA FASSBENDER/AFP via Getty Images) AFP via Getty Images The pandemic’s whiplash effect on inflation over the past year generated much hand-wringing… More
Protect yourself from Social Security scams. Be on the lookout for fake calls and emails. getty If you’re shopping at CVS tomorrow, you might hear the voice of Social Security Commissioner Andrew Saul over the speaker system, warning Americans to beware of Social Security telephone and email scams. Screens behind customer service desks at Walmart… More
Young woman sitting on the couch shopping online. getty The other day, I was looking for 3 juggling balls to buy. Why? That’s a story for another day, but I thought to myself, where should I go to find juggling balls in Pittsburgh, Pennsylvania. Walmart WMT , Dick’s Sporting Goods DKS , etc.? You might… More
Logistics, supply chain and shipment service for e-commerce, online shopping concept getty This week we saw Walmart, Target and Amazon announce new return policies which would allow customers to keep small items with “relatively low value” even after issuing refunds. According to this recent article in Business Insider, “the policy is applied to a select… More
Topline President Trump made over $11 million endorsing two multi-level marketing companies in the 2000s for which he and his children would later be sued for fraud, according to the New York Times, which revealed for the first time how much money the future president received for hawking the MLMs, and that those two endorsements… More
Topline Shares of athletic apparel retailer Nike surged by nearly 10% on Wednesday, a day after the company reported financial results that crushed expectations thanks to booming online business during the coronavirus pandemic. Nike’s digital sales rose 82% last quarter, even as many of its stores reopened. Budrul Chukrut/SOPA Images/LightRocket via Getty Images Key Facts… More
TOPLINE Though many on Wall Street were surprised by Walmart’s recent announcement that it has teamed up with Microsoft in a bid to buy TikTok, a deal would allow the retailer to leverage the social media app to reach younger consumers and build its e-commerce platform, analysts say. A deal for TikTok could be a… More
In this Dec. 9, 2019, photo a girl hugs the Toys R Us mascot, Geoffrey, at the new store at a mall … [+] in Paramus, N.J To get shoppers to spend more on toys, stores want them to spend time first. Toys R Us opened its first two “experiential” stores under new ownership that… More
Back to school sale sign in the entrance to Skechers. (Photo by: Jeffrey Greenberg/Universal Images … [+] Group via Getty Images) Universal Images Group via Getty Images I love to drive racecars. And one thing that I’ve learned is that when you are driving at 150 mph, you need data inputs faster so you can… More
TOPLINE The S&P 500 is officially out of its 2020 bear market after hitting a new record high on Tuesday, and the massive rebound has been led by energy, homebuilding and retail companies whose shares have more than doubled over the last five months, according to Bloomberg data. Whirlpool’s logo on the front of a… More
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