VIEWEDNOW PLAYINGShoplifting is on the rise in the U.S.The National Retail Federation says it's a problem impacting every state, which the organization says cost retailers $94 billion in 2021. The NRF says the broader problem focuses on organized retail crime.NewsyVIEWEDNOW PLAYINGGLOBALAmazon encourages customers to pick up goodsIn a move to slash costs amid a slump in consumer spending, Amazon is offering customers $10 to pick up a purchase rather than have it shipped to a home address. Ticker NewsVIEWEDNOW PLAYINGWhere did Bed, Bath & Beyond go wrong?One of the icons of both American retail and the meme stock craze is calling it quits. Here's why Bed, Bath & Beyond couldn't survive.BloombergVIEWEDNOW PLAYINGGLOBALAlibaba eyeing IPO for online shopping armAlibaba Group Holding Ltd.'s international online shopping unit is exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress. BloombergVIEWEDNOW PLAYINGGLOBALEuro Zone inflation rises to 7%Inflation in European countries using the euro currency inches higher to 7% in April as the squeeze on households extends.EuroNewsVIEWEDNOW PLAYINGBed Bath & Beyond files for bankruptcy Bed Bath & Beyond — one of the original big box retailers known for its seemingly endless offerings of sheets, towels and kitchen gadgets — filed for bankruptcy protection, following years of dismal sales and losses and numerous failed t...Fox NewsVIEWEDNOW PLAYINGU.S families turn to Buy Now, Pay LaterAlmost half of Americans have used buy now, pay later apps and of those, about 1 in 5 rely on them to buy groceries, according to a recent survey.BloombergVIEWEDNOW PLAYINGGLOBALAlibaba splits into six different business unitsAlibaba Group Holding Ltd. plans the biggest overhaul since its inception more than two decades ago, splitting its $220 billion empire into six units that will individually raise funds and explore initial public offerings. Stephen Engle ...BloombergVIEWEDNOW PLAYINGConsumer prices rose more than expected in FebruaryThe CPI, excluding food and energy, increased 0.5% last month and 5.5% from a year earlier, according to Bureau of Labor Statistics data.BloombergVIEWEDNOW PLAYINGHow a Welsh village saved its local shopLocal residents have taken over a hardware store in Newport, Wales, and are running it themselves — some even as volunteers. For them, the store is an institution, and maintaining it is a love project.DW NewsVIEWEDNOW PLAYINGWatch: Koala goes to the shopsA koala walked into a convenience store in South Australia, exploring the aisles and even climbing onto a staff member's leg as another co-worker recorded the close encounter.CBC NewsVIEWEDNOW PLAYINGBREAKINGGLOBALAmazon to cut more than 18,000 jobs, CEO saysAmazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact that the online retail giant had "hired rapidly" during the pandemic.France 24VIEWEDNOW PLAYINGBREAKINGGLOBALAmazon workers stage Black Friday walkoutsAmazon employees in more than 30 countries are striking in protest against the company's labour policies. The actions coincided with one of the busiest shopping days of the year - Black Friday.Al JazeeraVIEWEDNOW PLAYINGBREAKINGWalmart manager kills six staffA Walmart employee killed six people and wounded several others before fatally shooting himself at a store in Chesapeake, Virginia, authorities said on Wednesday, in the latest episode of gun violence in the United States.ReutersVIEWEDNOW PLAYINGGreece: Plan to cut prices of essential goodsShoppers in Greece say they're not convinced over a government scheme to cut prices of essential goods. "I do not believe this measure will be any help. It is just a trick to fool the consumers”, said one customer.EuroNewsVIEWEDNOW PLAYINGRomanian shoppers hunt for bargains in Ukraine"Detergent [in Ukraine] is cheaper than in Romania ... [by] about two euros", said one Romanian shopper, venturing into the war-torn country.EuroNewsVIEWEDNOW PLAYINGRoyal mourning boost for London businessesVisitors crowding into central London from as far away as the US and India are giving a boost to businesses at a time when the British economy is facing a cost-of-living crisis. Restaurants, hotels, cafes and pubs packed after over 2 yea...EuroNewsVIEWEDNOW PLAYINGGLOBALOnline prices hit by inflationMaybe the internet doesn't offer the best deals. Online prices are on the rise again. Scarlet Fu has more from Quicktake.BloombergVIEWEDNOW PLAYINGThe growing trend of 'shopping to sell'Gen Z see resale shopping as something of a sport, buying used luxury goods with the goal of selling them later at higher prices. Madison Mills and Martine Paris have more on the latest inflation hack.BloombergVIEWEDNOW PLAYINGBREAKINGNike ditches RussiaNike is closing its doors in Russia, becoming the latest Western brand to depart the country since Putin's invasion of Ukraine began. While the company halted all online sales and closed the stores it owned back in March, a number of o...Ticker NewsVIEWEDNOW PLAYINGAmazon introduces 5% 'inflation' feeAmazon.com Inc. is instituting a 5% fuel and inflation fee April 28 on online merchants that use its shipping services. Bloomberg Quicktake's Alex Webb examines the potential impact on merchants and consumers.BloombergVIEWEDNOW PLAYINGGLOBALGlobal retail affected by Russian sanctions, boycottAmid Russia's attack on Ukraine, major businesses from BP to Big Tech like Apple have been pausing their business dealings with the invading nation. Brian Walker, chief strategy officer at commerce software company Bloomreach, joined Ch...Cheddar News
VIEWEDNOW PLAYINGShoplifting is on the rise in the U.S.The National Retail Federation says it's a problem impacting every state, which the organization says cost retailers $94 billion in 2021. The NRF says the broader problem focuses on organized retail crime.Newsy
VIEWEDNOW PLAYINGGLOBALAmazon encourages customers to pick up goodsIn a move to slash costs amid a slump in consumer spending, Amazon is offering customers $10 to pick up a purchase rather than have it shipped to a home address. Ticker News
VIEWEDNOW PLAYINGWhere did Bed, Bath & Beyond go wrong?One of the icons of both American retail and the meme stock craze is calling it quits. Here's why Bed, Bath & Beyond couldn't survive.Bloomberg
VIEWEDNOW PLAYINGGLOBALAlibaba eyeing IPO for online shopping armAlibaba Group Holding Ltd.'s international online shopping unit is exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress. Bloomberg
VIEWEDNOW PLAYINGGLOBALEuro Zone inflation rises to 7%Inflation in European countries using the euro currency inches higher to 7% in April as the squeeze on households extends.EuroNews
VIEWEDNOW PLAYINGBed Bath & Beyond files for bankruptcy Bed Bath & Beyond — one of the original big box retailers known for its seemingly endless offerings of sheets, towels and kitchen gadgets — filed for bankruptcy protection, following years of dismal sales and losses and numerous failed t...Fox News
VIEWEDNOW PLAYINGU.S families turn to Buy Now, Pay LaterAlmost half of Americans have used buy now, pay later apps and of those, about 1 in 5 rely on them to buy groceries, according to a recent survey.Bloomberg
VIEWEDNOW PLAYINGGLOBALAlibaba splits into six different business unitsAlibaba Group Holding Ltd. plans the biggest overhaul since its inception more than two decades ago, splitting its $220 billion empire into six units that will individually raise funds and explore initial public offerings. Stephen Engle ...Bloomberg
VIEWEDNOW PLAYINGConsumer prices rose more than expected in FebruaryThe CPI, excluding food and energy, increased 0.5% last month and 5.5% from a year earlier, according to Bureau of Labor Statistics data.Bloomberg
VIEWEDNOW PLAYINGHow a Welsh village saved its local shopLocal residents have taken over a hardware store in Newport, Wales, and are running it themselves — some even as volunteers. For them, the store is an institution, and maintaining it is a love project.DW News
VIEWEDNOW PLAYINGWatch: Koala goes to the shopsA koala walked into a convenience store in South Australia, exploring the aisles and even climbing onto a staff member's leg as another co-worker recorded the close encounter.CBC News
VIEWEDNOW PLAYINGBREAKINGGLOBALAmazon to cut more than 18,000 jobs, CEO saysAmazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact that the online retail giant had "hired rapidly" during the pandemic.France 24
VIEWEDNOW PLAYINGBREAKINGGLOBALAmazon workers stage Black Friday walkoutsAmazon employees in more than 30 countries are striking in protest against the company's labour policies. The actions coincided with one of the busiest shopping days of the year - Black Friday.Al Jazeera
VIEWEDNOW PLAYINGBREAKINGWalmart manager kills six staffA Walmart employee killed six people and wounded several others before fatally shooting himself at a store in Chesapeake, Virginia, authorities said on Wednesday, in the latest episode of gun violence in the United States.Reuters
VIEWEDNOW PLAYINGGreece: Plan to cut prices of essential goodsShoppers in Greece say they're not convinced over a government scheme to cut prices of essential goods. "I do not believe this measure will be any help. It is just a trick to fool the consumers”, said one customer.EuroNews
VIEWEDNOW PLAYINGRomanian shoppers hunt for bargains in Ukraine"Detergent [in Ukraine] is cheaper than in Romania ... [by] about two euros", said one Romanian shopper, venturing into the war-torn country.EuroNews
VIEWEDNOW PLAYINGRoyal mourning boost for London businessesVisitors crowding into central London from as far away as the US and India are giving a boost to businesses at a time when the British economy is facing a cost-of-living crisis. Restaurants, hotels, cafes and pubs packed after over 2 yea...EuroNews
VIEWEDNOW PLAYINGGLOBALOnline prices hit by inflationMaybe the internet doesn't offer the best deals. Online prices are on the rise again. Scarlet Fu has more from Quicktake.Bloomberg
VIEWEDNOW PLAYINGThe growing trend of 'shopping to sell'Gen Z see resale shopping as something of a sport, buying used luxury goods with the goal of selling them later at higher prices. Madison Mills and Martine Paris have more on the latest inflation hack.Bloomberg
VIEWEDNOW PLAYINGBREAKINGNike ditches RussiaNike is closing its doors in Russia, becoming the latest Western brand to depart the country since Putin's invasion of Ukraine began. While the company halted all online sales and closed the stores it owned back in March, a number of o...Ticker News
VIEWEDNOW PLAYINGAmazon introduces 5% 'inflation' feeAmazon.com Inc. is instituting a 5% fuel and inflation fee April 28 on online merchants that use its shipping services. Bloomberg Quicktake's Alex Webb examines the potential impact on merchants and consumers.Bloomberg
VIEWEDNOW PLAYINGGLOBALGlobal retail affected by Russian sanctions, boycottAmid Russia's attack on Ukraine, major businesses from BP to Big Tech like Apple have been pausing their business dealings with the invading nation. Brian Walker, chief strategy officer at commerce software company Bloomreach, joined Ch...Cheddar News
