Business
Meta Officially Shuts Down Corporate DEI Programs
Meta has announced that they are officially ending all diversity, equity and inclusion (DEI) programs, effective immediately, joining other large companies cutting back on DEI policies.
apparel
US holiday retail sales stronger than last year, Mastercard says
Holiday shoppers opened their wallets at the last minute in search of good deals on online platforms in a sign that household finances remain healthy.
Barbies
Seeing low-income consumers squeezed, retailers target $10 and under gifts
Retailers including Target and Walmart are stocking shelves with more toys and gifts that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers.
Adobe Inc.
US retailers aim to cash in on Cyber Monday with steep online discounts
Retailers are pulling out all the stops with steep promotions and discounts on their websites and apps after the long Thanksgiving weekend.
affirmative action
Walmart Reduces DEI Programs, Pulls LGBTQ Items From Website
Walmart on Monday confirmed that it’s ending multiple DEI programs, removing some LGBTQ-related merchandise from its website and getting rid of a nonprofit that funded programs for minorities.
annual sales
Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
Retailers are in for a mixed holiday season this year, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones.
brian cornell
Target Reports Largest Earnings Miss In 2 Years
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.
Abril Elfi
Mattel: Company Deeply Regrets ‘Wicked’ Doll Packaging Misprint That Directed Children To Porn Site
Following complaints of an inappropriate, “accidental” misspelling on their new doll packaging directed young consumers to a pornographic website, toy manufacturer Mattel has apologized for the misprint on its packaging, which was inspired by the 2024 “Wicked” movie.
airline
Amazon developing driver eyeglasses to shave seconds off deliveries, sources say
Amazon is developing smart eyeglasses for its delivery drivers to smooth the final stretch of an order’s journey to a customer’s home.