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Amazon workers in North Carolina to vote on unionization next month

Carolina Amazonians United for Solidarity & Empowerment has been working to organize staffers for the past three years. A handful of union elections were held at Amazon warehouses in the U.S. in recent years but employees have either rejected unionization or the results continue to be disputed in lengthy court battles. Last November, a federal […]

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Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says

The biggest year-over-year spending growth came from groceries, which jumped nearly 13% to $21.5 billion, and cosmetics, which shot up by 12.2% to $7.7 billion, the data said. Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire […]

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Ulta Beauty names new CEO, raises outlook for holiday quarter

In a news release, the beauty retailer said the leadership changes are effective as of Monday. In recent quarters, Ulta has fought to maintain its spot as a top beauty retailer by carrying new brands, throwing more in-store events and adding additional digital tools.

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Amazon’s Ring announces smart smoke alarm as CES tech-palooza kicks off

The announcement was made at the CES technology conference in Las Vegas, which kicked off Monday. Users aren’t required to subscribe to Ring Home, the company’s program that enables video recording storage and other security features, in order to access the new smoke alarm service.

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Nike has had a rocky year — here’s why a comeback will take time

Nike, the world’s largest sportswear brand, is on a mission to regain its stride after a challenging year. Analysts say a yearslong series of strategic errors led to the company’s worst trading day ever over the summer, during which shares fell 20%, wiping $28 billion off of Nike’s market cap. Last week, the company posted […]

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How e-commerce is disrupting traditional seasonal work in retail

The holiday buying season is here, but the familiar rush of shopping and seasonal jobs is taking on a new shape as online shopping continues to shift the work landscape. This year, retailers are expected to add 520,000 seasonal jobs, a drop from last year’s 564,000, according to outplacement firm Challenger, Gray & Christmas. The […]

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Both sides of Amazon scored big wins this year that should carry over into 2025

Amazon had a great year as corporate IT cloud spending came back and e-commerce was humming. The direction of the economy next year is the big wild card.

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From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts

Yet the National Tree Company said sales of artificial trees are slow, after the pandemic bump and due to inflation’s lingering impact. For the holiday season, the front lawn of the Milam family’s house in Dallas has transformed into a mini golf winter wonderland. Visitors stop by from nearly sunrise to sunset to admire the […]

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Silicon Valley’s White House influence grows as Trump taps tech execs for key roles

Tech billionaire Elon Musk has emerged as one of Trump’s closest advisors, which has led to some consternation among Democrats and in the business world. President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he […]

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Costco beats on earnings as e-commerce sales jump

E-commerce sales rose 13% in the quarter compared with the year-ago period. In the three-month period that ended Nov. 24, Costco’s net income rose to $1.80 billion, or $4.04 per share, from $1.59 billion, or $3.58 per share in the year-ago period. Revenue increased from $57.80 billion in the year-ago period.

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