FINANCE

North Face, Timberland parent company reviewing brand portfolio as Q3 sales fall
VF Corp. reported a disappointing third quarter as it swung to a loss and saw its revenue drop 16%.
How consumers are controlling spending
Shoppers are taking a variety of steps to tighten their purse strings in 2024.

Americans open more credit, debit cards post-pandemic

Financial tech company Chargebacks911’s 2024 Cardholder Dispute Index revealed that the average American cardholder has 5.5 active credit or debit cards
Global e-commerce revenue to hit record-breaking $3.64T in 2024

Total worldwide online retail sales are expected to increase 15.6% year-over-year.
How optimistic are e-commerce retailers for 2024?

A new survey of senior e-commerce executives provides insights into their revenue expectations for this year.
Kirkland’s secures $12M loan from Gordon Bros. to support strategic turnaround

Kirkland’s has secured additional credit line as it continues its strategic repositioning.
Tractor Supply ramping up expansion; to open 80 stores in 2024

Tractor Supply Company is upping its store openings in 2024 despite a disappointing fourth quarter.
eBay settles DOJ pill press allegations for $59 million

eBay has reached a multimillion-dollar settlement with the Department of Justice (DOJ) over allegations regarding the sale of pill presses on its site.
Gordon Brothers to sell Zulily inventory, assets

Following the closure of Zulily, asset management firm Gordon Brothers will acquire and sell the specialty apparel retailer’s inventory and assets.
How Taylor Swift drives fan shopping behavior

A new survey indicates that Taylor Swift has substantial influence on how and why “Swifties” make purchases.

North Face, Timberland parent company reviewing brand portfolio as Q3 sales fall