In a surprising move, Amazon is set to lay off up to 30,000 corporate workers as part of cost-cutting measures. This could be one of the largest layoffs in recent months, following aggressive hiring during the pandemic.
Amazon's subscription practices are under fire as the FTC launches a civil case that could lead to hefty fines and damages. The trial could reshape how the retail giant operates its Prime service.
The recent US-China trade deal reportedly excludes e-commerce shipments from tariff exemptions, potentially impacting small businesses. Temu has halted shipments from China and is shifting focus to American warehouses.
In a major policy shift, the US is closing a duty-free loophole that allowed low-value packages from China to enter without taxes. This change, effective May 2, will push prices up for popular online retailers like Shein and Temu, impacting millions of American shoppers.
Prices for your favorite items from Shein and Temu have skyrocketed due to new tariffs imposed by President Trump. Discover how these changes impact your online shopping habits and wallet.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.
