Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario on Oct. 19, 2023. Allen J. Schaben | Los Angeles Times | Getty Images ORLANDO, Fla. — Little is known about how much revenue Shein draws … Read more
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Signify, the company that owns smart lighting brands Philips Hue and WiZ, is restructuring in the face “of ongoing market volatility and uncertainty.” In a press release on its website published earlier this month, Signify announced a “new customer-centric organization and structural cost reductions.” This appears to signal that the company is focusing more effort … Read more
‘Amazon better pay attention’: UPS CEO says delivery drivers will earn $170K annually in newly ratified ‘historic’ contract — but this worker says that’s ‘a bit of an exaggeration’ Unionized UPS workers have accepted a new five-year contract that the company’s CEO claims will see delivery drivers earn an average of $170,000 in annual pay … Read more
Picture: Miguel Lagoa (Shutterstock) Sony is mountaineering its PlayStation Plus Premium subscription price by $40 beginning subsequent month, the corporate introduced on Wednesday. The worth adjustment will apply throughout all tiers below the 12-month subscription and can take impact in all international locations the place PlayStation Plus is obtainable. The earlier Important subscription is leaping … Read more
The patron worth index rose 3.2% from a yr in the past in July, an indication that inflation has misplaced at the very least a few of its grip on the U.S. economic system. Costs accelerated a seasonally adjusted 0.2% for the month, in keeping with the Dow Jones estimate, the Bureau of Labor Statistics … Read more