Santa gets a behind-the-scenes boost from AI this holiday season

[ad_1] Manonallard | E+ | Getty Images For many Americans, it’s the first holiday season when most of the family may know the term “artificial intelligence” if it comes up…

Walmart’s hiring and wage pressures have eased, CEO says

[ad_1] A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in…

How major retailers and Covid-era nostalgia helped revive the vinyl records industry

[ad_1] A stack of freshly pressed gold vinyl records at United Record Pressing. CNBC This story is part of CNBC’s new quarterly Cities of Success series, which explores cities that…

Thanksgiving Day online sales jump as discounts motivate holiday shoppers

[ad_1] Ordering gifts online, paying by credit card. Concept online shopping, buying Christmas and New Year’s presents. Black credit card, computer and christmas presents on blue sofa with festive decorations…

With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend

[ad_1] Target hosted a free “Winter Wonderland” event in New York City to show off the holiday season’s hottest toys. It’s an example of the extra effort that retailers are…

Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance

[ad_1] A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023. Saul Loeb |…

Best Buy cuts sales forecast, as holiday shoppers hunt for deals

[ad_1] People walk past a Best Buy store in Manhattan, New York City, November 22, 2021. Andrew Kelly | Reuters Best Buy cut its full-year sales outlook Tuesday, as the…

Nordstrom sales come up short, echoing broader retail industry pressures

[ad_1] Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Nordstrom on Tuesday said sales slid…

Shares of American Eagle plummet on unimpressive holiday forecast

[ad_1] American clothing and accessories retailer American Eagle store seen in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) Budrul Chukrut | Lightrocket | Getty Images Shares of…

Walmart ramps up efforts to grow third-party marketplace with Las Vegas event, new perks

[ad_1] Walmart is hosting its first seller summit businesses that are part of its third-party marketplace. The two-day event includes how-to sessions and remarks by the retailer’s top leaders. Melissa…