Retail sales

Alibaba’s Sales Up 14%, Pushed by International Sales
Alibaba’s Sales Up 14%, Pushed by International Sales
August 10, 2023  |  Earnings

Chinese eCommerce giant Alibaba on Thursday (Aug. 10) posted a quarterly sales growth of 14% from the previous year, as its online shopping app Taobao...

READ MORE >
Online Retailer Coupang Reports 10% Growth in Active Customers
Online Retailer Coupang Reports 10% Growth in Active Customers
August 09, 2023  |  Earnings

Coupang Inc., the South Korean online retailer known for its early and one-day delivery, posted its fourth consecutive quarterly profit, driven by efficiencies in logistics and...

READ MORE >
Omnichannel Commerce Boosts The Honest Company in Q2
Omnichannel Commerce Boosts The Honest Company in Q2
August 08, 2023  |  Earnings

The Honest Company, founded by movie star Jessica Alba, posted its second-quarter results Wednesday (Aug. 8), which showed a revenue bump from recent retail distribution deals....

READ MORE >
Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
August 03, 2023  |  Earnings

For Apple, the push to become a service-centered ecosystem proceeds apace. And in the latest quarter, revenues from hardware waned 4.7%, while services-related sales were...

READ MORE >
Wish Reports 42% Decline in Q2 Revenue, Blames Competition
Wish Reports 42% Decline in Q2 Revenue, Blames Competition
August 03, 2023  |  Retail

The eCommerce giant ContextLogic Inc., better known as Wish, reported a 42% drop in total revenue year-over-year in its second-quarter earnings Thursday (Aug. 3), blaming competition...

READ MORE >
Poshmark Founder Says ‘Focus on Community’ Powers Consumer Loyalty and Sales
Poshmark Founder Says ‘Focus on Community’ Powers Consumer Loyalty and Sales
August 03, 2023  |  Retail

In the age of digital commerce, consumers have long been searching for more intuitive ways to discover and purchase products. One notable challenge in this...

READ MORE >
Revlon Announces Interim CEO Appointment Post Financial Restructuring
Revlon Announces Interim CEO Appointment Post Financial Restructuring
August 01, 2023  |  Retail

Cosmetics maker Revlon has announced the appointment of Elizabeth “Liz” A. Smith as interim CEO of the company, effective Tuesday (Aug. 1). Smith takes over from Debra Perelman, who...

READ MORE >
What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand to Grow Sales
What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand...
July 31, 2023  |  Retail

In March 2023, Arthur Stark, the former president of Bed Bath & Beyond (BBBY), discussed the company’s revival of its coupon strategy called the “big blue” approach....

READ MORE >
Croissant Raises $24 Million to Help Consumers Boost Resale Values
Croissant Raises $24 Million to Help Consumers Boost Resale Values
July 27, 2023  |  Retail

Croissant, a FinTech platform that helps consumers realize the resale value of eCommerce purchases, has launched with $24 million in funding. According to a Thursday...

READ MORE >