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27 March 2023

Salesforce to cut 10%

The software giant is the largest private-sector employer in its hometown of San Francisco. It has almost tripled its workforce in the past four years,…..

27 March 2023

Online prices fall 

Half of the 18 categories Adobe tracks saw prices fall on an annual basis. Key takeaways: Online prices in January 2023 fell 1% year over year…..

27 March 2023

EBay to cut 4% 

EBay job cuts follow those of Amazon, other large tech and ecommerce companies The reductions are in response to the “macroeconomic situation around the world,”…..

27 March 2023

Ikea and H&M

Ikea will switch to eco-friendly glue Ikea’s 2030 climate goals require boosting renewable energy use and reducing the climate footprint of its materials. Also tucked…..

27 March 2023

JD sales rise 7%

JD.com Inc. reported a sharp drop in revenue growth as Chinese shoppers rein in spending. China’s second-largest online retailer said March 9 that revenue rose…..

27 March 2023

Gap online sales 10%

Gap Inc. said its comparable sales, a key gauge for retailers, fell 5% in the fourth quarter ended Jan. 28, compared with analysts’ average estimate…..

27 March 2023

Academy Sports 10% of sales

Academy Sports & Outdoors Inc. reported overall sales were down in 2022 while ecommerce sales grew. The retailer said total sales were down 5.6% to…..

27 March 2023

Brilliant Earth grew

Online jewelry retailer Brilliant Earth brought in an influx of new customers in 2022, the company reported. Net sales were down for the fiscal quarter…..