Francisco Velasquez

Graphic: Images: Ethan Miller / Staff, Clive Mason, Brandon Bell, David Ryder Image: Justin Sullivan (Getty Images) Costco is reportedly demanding price cuts from its Chinese suppliers as U.S. tariffs continue to take a toll. Read More Image: Ethan Miller […]

A Temu logo in San Anselmo, California. – Image: Justin Sullivan (Getty Images) Temu (PDD), the Chinese e-commerce giant known for affordable goods and labor complaints, is recruiting employees from major competitors — including Amazon and Walmart — in order

Temu – Image: Ben Montgomery / Stringer (Getty Images) Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging Amazon’s efforts to capture a share of the budget-friendly e-commerce space. Temu, which

A Best Buy in Chicago, Illinois. – Image: Scott Olson (Getty Images) Best Buy has big plans to keep up with Amazon (AMZN) and Walmart — which include tapping into the lucrative creator economy. The electronics giant is stepping into

Walmart CEO Doug McMillon delivers a keynote address during CES 2024 in Las Vegas, Nevada. – Image: Ethan Miller (Getty Images) Walmart (WMT) is betting big it can win over affluent shoppers, outpace Amazon (AMZN), and gain favor with President

Shoppers at a Walmart Supercenter in Burbank, California on Nov. 21, 2024. – Image: Allen J. Schaben / Los Angeles Times (Getty Images) Economic pressures, shifting consumer behaviors, and rapid e-commerce growth have significantly shaped the retail sector in 2024.

A customer leaves a Rite Aid store on June 20, 2024 in San Rafael, California. – Image: Justin Sullivan (Getty Images) Rite Aid is becoming a haunting sight across America. Once a staple in the drugstore business, the chain has

The dust may have settled from Black Friday, but Cyber Monday is still here – and retail giants like Amazon, Walmart (WMT), and Target (TGT) are all offering discounts across every category. Online shoppers can score big on everything from

Amazon is winning the U.S. price wars, leaving Walmart and Target behind for the eighth consecutive year. The e-commerce giant has once again claimed the title of “lowest-price” retailer, according to a recent study led by Profitero, an e-commerce analytics

Amazon (AMZN) is making a big bet on low-cost essentials – and it’s apparently paying off. The e-commerce giant says it’s upping its focus on everyday items in categories such as health, beauty, and groceries, while also accelerating delivery speeds