How tariffs and AI are giving secondhand platforms like ThredUp a boost
At ThredUp's 600,000-square-foot warehouse in Suwanee, Georgia, roughly 40,000 pieces of used clothing are processed each day. The company's logistics ...
Tag: Retail industry
Skims valued at $5 billion after new funding round as it accelerates store expansion
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan ...
AI startup Metropolis, biggest parking lot operator in U.S., raises $1.6 billion for major retail expansion
Metropolis, which uses AI and computer vision to identify vehicles and take parking lot payments without any physical transaction, has ...
Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for ...
Starbucks to form joint venture with Boyu Capital to run China business
Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company's locations in China.Under ...
‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance
Oils containing CBD (Cannabidiol).Geoffroy Van Der Hasselt | AFP | Getty ImagesCannabis stocks could be poised for a rally after ...
Lululemon is partnering with the NFL to release apparel for all 32 teams
Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty ImagesLululemon is partnering ...
Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth
Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023. Jakub Porzycki | Nurphoto | Getty ImagesShares ...
Coca-Cola tops earnings and revenue estimates but says demand for drinks is still soft
Sina Schuldt | Picture Alliance | Getty ImagesCoca-Cola reported quarterly earnings and revenue that topped expectations, but the beverage giant ...
Close to half of Kalshi user base experienced glitches, delays during Saturday college football games
The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg ...
