For the love of goods, an ambitious Alibaba plans to double down on Singles’ Day this year

VCG/Getty Images Singles’ Day, China’s once-timid Valentine’s Day repackaged as a 24-hour online retail blitz, is about get bigger for Alibaba. In just a few days’ time, the world will meet the 10th edition of Alibaba’s “Singles’ Day” shopping extravaganza and the company says it expects to receive more than one billion orders. It’s capitalism’s […]

Dick’s Sporting Goods plunges after saying it saw ‘significant declines in Under Armour sales’ (DKS)

Dick’s Sporting Goods beat on earnings, but missed on sales. The sporting-goods retailer raised its full-year guidance, but to less than what analysts were expecting. Shares are tumbled in pre-market trading. Watch Dick’s Sporting Goods trade in real-time here. Dick’s Sporting Goods plunged as much as 14% in pre-market trading on Wednesday as a slowdown in Under […]

Theme Park Bits: ‘Ratatouille’ Ride Names, ‘Hocus Pocus’ Anniversary Goods, Couple Rides ‘Jurassic Park’ 62 Times

In this edition of Theme Park Bits: Watch the ride record for Universal’s Jurassic Park – The Ride get broken with a marriage proposal. Find out which opening-day attraction at Islands of Adventure is soon due to close forever. Drink spills are up at Walt Disney World as restaurants stop circulating plastic lids and straws. […]

Trump celebrated ‘American pride’ by showcasing US-made goods at the White House — here’s what it looked like

REUTERS The White House showcased a number of products made in each of the 50 states during its second annual “Made in America” event on Monday. “We’re here today to celebrate the greatest products in the world — products made with American heart, American sweat, and American pride,” President Donald Trump said. The Trump administration […]

‘Take it or leave it:’ Israel proposes building goods port for Gaza in Cyprus – report

Tel Aviv has discussed the establishment of a seaport for the Gaza Strip in Cyprus, Israeli media reports. Israel’s proposal, now being considered by Nicosia, comes after it has actually maintained a blockade of Gaza for years. The alleged ‘good will’ initiative is, however, far from being without conditions. The establishment of a port would […]

All the US states that ship more than $1 billion worth of goods to China that would be slammed by tariffs

Reuters/Carlos Barria President Donald Trump escalated his trade dispute with China and is planning for $ 200 billion worth of Chinese goods to be subjected to an additional 10% tariff. In turn, China said it would slap the US with tariffs on $ 50 billion worth of US imports starting in July. China’s tariffs would […]

When consumer packaged goods start acting like software

GUEST: Historically, consumer packaged goods (CPG) were designed to be sold in a brick-and-mortar retail environment — in packaging flashy enough to catch a consumer’s eyes while presenting the right information to compel a purchase. But packaging doesn’t need to sell the product anymore. The Internet is becoming the primary channel for…Read More

China hits back at Trump, announces retaliatory tariffs on $3bn of US goods

Beijing has announced a series of measures that it plans to implement as a response to President Trump’s new import tariffs, in an escalating trade war between the US and China. Despite repeated warnings from Beijing, on Thursday Donald Trump instructed US Trade Representative (USTR) Robert Lighthizer to levy tariffs on at least $ 50 […]

A popular New York home goods store has already sold out of its Oprah 2020 mugs

Dennis Van Tine/STAR MAX via Associated Press Fishs Eddy in New York has already sold out of Oprah 2020 mugs, less than a day after talk show host Oprah Winfrey’s rousing speech at the Golden Globe awards on Sunday. The mugs were sold as part of a women’s empowerment section at the store. Winfrey is […]