The app data has spoken, and Gen Z's love for Temu is real
Users between 18 and 24 downloaded the app 41.98 million times in the first 10 months of the year.
Retail
Bernard Arnault, Europe's richest person, appoints son to deputy CEO role at division of LVMH amid leadership shake-up
Alexandre Arnault, the son of LVMH owner Bernard Arnault, will become the new CEO of Moët Hennessy in 2025.
A fluffy, $85 toy is taking Asia by storm and sparking legions of knockoffs. Inside the meteoric rise of Labubu.
Labubu, a furry plushie with an unsettling grin and serrated teeth, is all the rage in Asia.
Amazon's new discount section 'Haul' looks like a Temu version of Temu
Amazon's Haul feels like a cheaper, crummier version of the cheap and crummy Temu. That might change, but for now, I was disappointed.
5 Y2K trends that should never come back — and one that's slipped through the cracks
BI spoke with stylists Payton Dale, Maiya Simone, and Turner Allen to learn what Y2K trends should stay in the archives and which has made a comeback.
Burberry launches urgent turnaround plan to save the brand
Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by "inconsistent brand execution."
The full list of major US companies slashing staff this year, including Meta, ExxonMobil, and AMD
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Meta, Goldman Sachs, Google, and Tesla are among those shedding staff.
Adults are buying more and more kids' toys for themselves in a quest for nostalgia and escape
While overall toy sales are in decline, sales driven by nostalgic adults are on the rise, representing 17% of US toy sales last year, per Circana.
Advertisement
Advertisement
Home Depot says shoplifting challenges aren't getting any easier
Home Depot's CFO said investments to combat retail theft are "paying off" but the operating environment is "getting harder and harder."
A London chef criticized diners who just get water and share dishes. He says it's about the atmosphere, not the money.
A London restaurateur's complaint about diners who don't spend much has sparked debate online, amid a tough time for the hospitality industry.
I ate the same meal at TGI Fridays and Chili's. It's clear why only one is thriving.
TGI Fridays just filed for bankruptcy, while Chili's is thriving. Here's a comparison of the same meal at both restaurants.
Trump's win is already scrambling supply chains
While many companies are taking a wait-and-see approach, others are publicly discussing production changes ahead of Trump's return to the White House.
Costco recalled almost 80,000 pounds of butter because the labels failed to say it contained milk
Both butters affected listed cream as an ingredient but didn't contain an allergen disclaimer regarding milk, the FDA said.
Former Starbucks CEO Howard Schultz says Brian Niccol's back-to-basics plan will fix slumping sales at the coffee giant
Starbucks' new CEO, Brian Niccol, took over in September. The company's former CEO, Howard Schultz, believes in his successor's strategy.
Why professional colored pencils are so expensive
Professional artists spend hundreds of dollars collecting high-end colored pencils because of the thoughtful precision with which they're crafted.
Mattel apologizes for accidentally printing X-rated link on boxes for 'Wicked' dolls
Retailers have pulled Mattel's "Wicked" dolls. Resellers quickly listed the toys featuring the URL misprint on eBay, seeking hundreds of dollars.
Taylor Swift mixed high and low fashion brands for her latest $100,000 gameday outfit
Taylor Swift's gameday outfit included a luxury watch from Louis Vuitton and an inexpensive corset from Victoria's Secret.
I tried breakfast value meals from 5 fast-food chains and ranked them from worst to best
Burger King, McDonald's, Wendy's, Taco Bell, and Dunkin' sell breakfast deals ranging from $4 to $8. Here's how they stack up.
Amazon targets smart glasses that could guide delivery drivers to where to drop off packages, report says
Amazon is reportedly developing smart glasses for its delivery workers that could guide them around buildings and cut down on delivery times.
Better catering and nicer bathrooms will help get workers back to the office, says this retail CEO
Stuart Rose, boss of UK supermarket chain Asda, says working from home isn't a "satisfactory" way of operating in a fast-moving sector like retail.
Walmart is testing a new way to make it easier to access locked-up items. Here's why that's smart.
Walmart is testing tech that lets employees use an app to unlock anti-shoplifting displays — and shoppers could eventually have access too.
Advertisement
Advertisement
Why Ralph Lauren, the all-American luxury brand, is a hit in China
As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage and preppy core products.
I tried the same chicken sandwich at McDonald's and Chick-fil-A, and I preferred the cheaper sandwich
McDonald's crispy chicken sandwich and Chick-fil-A's classic sandwich were similar, but the cheaper version from McDonald's came out on top.
Gen Z is reimagining the iconic 70s brand L'eggs
L'eggs became a household name over half a century ago. Now it wants to target Gen Z, with a little help from Cami Téllez, the founder of Parade.
The fragrances successful men are wearing this year, from expensive Le Labo colognes to Old Spice deodorant
Fragrances are skyrocketing in popularity. Successful men, in particular, love luxury colognes from brands like Le Labo and Yves Saint Laurent.
Basketball is having a moment, and that's good news for Nike
Nike has strengthened its ties with the NBA and WNBA as basketball's popularity rises. That could be good news for the sports brand.
Kmart has all but disappeared from the US. But its Australian namesake is booming.
Wesfarmers-owned Kmart now operates over 300 stores across Australia and New Zealand and employs around 40,000 people.
Dear Santa: Please bring me a Skibidi Toilet for Christmas
A $45 "mystery toilet" could be on the top of Gen Alpha's wish list. It's part of a trend of very online IP, like Skibidi, being turned into toys.
Sales of 'The Handmaid's Tale' rose nearly 7,000% this week on Amazon — but 'Melania' takes the No. 1 bestseller spot
Sales of "The Handmaid's Tale" rose sharply on Amazon in the wake of Donald Trump's election, rising to No. 2. Melania Trump's memoir was No. 1.
The list of major companies making changes ahead of Trump's return to the White House
Consumer-facing brands, from Warby Parker to Traeger to Yeti, are addressing the election of Donald Trump and how they're adjusting operations.
I've worked at Costco for 19 years. Here are 10 of the best things I'm seeing on the shelves right now.
A Bella griddle with a warming tray and take-and-bake combo pizzas are some of the best things to get at Costco this month, an employee says.
Advertisement
Advertisement
I own a collection of luxury handbags. Here are 4 mistakes I avoid before dropping thousands on a new purse.
When curating a collection of luxury handbags, I recommend resisting social-media hype and selecting pieces based on your personal style.
Trump's win spells trouble for a luxury comeback in China
Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival strategies for big players.
I tried McDonald's spicy chicken nuggets and think they should be added permanently to the menu
McDonald's spicy chicken nuggets are back in select stores for a limited time.
China's luxury slump is trickling down to other consumer companies
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consumer confidence and slowing growth takes a toll.
Starbucks' app is down on the first day of the chain's holiday menu
Starbucks' mobile app was not taking mobile orders for some customers on Thursday as the chain launched its holiday menu.
What Trump's win means for retail giants like Walmart, Target, and Costco
With Trump, tariffs are likely to be a headache, tax cuts could be a tailwind, and an immigration crackdown may make hiring skilled workers harder.
In leaked internal meeting, Amazon retail chief says sales of cheaper items are surging
Amazon's retail CEO told employees this week why the company is doing a better job selling cheaper products and delivering them faster
Starbucks and Luckin are in a fight for the global coffee market. I visited both to see how they stack up on price, menu, and vibe.
Starbucks slumped in sales this last quarter. But the Chinese coffee brand, characterized by heavy discounts, reported a strong third quarter.
How Qatar Airways prepares 200,000 meals from scratch every day
We visited the massive catering facility of Qatar Airways, named 'Airline of the Year' in 2024 by SKYTRAX to see how chefs prepare meals from scratch.
I've used one product to get flawless-looking skin for 3 years. It lasts for hours on hot days and barely feels like I'm wearing makeup.
I've used the Beautyblender Bounce 12-Hour Always On radiant skin tint to get flawless-looking makeup for years, and I'd say it's worth the purchase.
I felt out of my depth with my multi-million-dollar business. Sharing my struggles on TikTok helped save me.
Aimee Smale started her fashion brand, Odd Muse, four years ago, but struggled with how quickly the business grew.
In an all-hands meeting, Amazon CEO Andy Jassy tells employees why he wants fewer managers: 'I hate bureaucracy'
On Tuesday, Amazon CEO Andy Jassy told employees several ways he aims to cut bureaucracy, including by chopping manager ranks.
In all-hands meeting, Amazon CEO says RTO mandate not a 'backdoor layoff'
Amazon CEO Andy Jassy denied that the company's return-to-office policy is a 'backdoor layoff,' amidst rumors of quiet firing strategies.
Home Depot co-founder Bernie Marcus has died at 95
Bernie Marcus co-founded The Home Depot in 1978 and became a billionaire, giving big donations to Republican politicians like Donald Trump.
Sales are sliding at KFC and Burger King as fast-food chains keep struggling
Fast-food chains like McDonald's, KFC, and Burger King face declining sales in the US as rising prices deter customers.
Target changes app to curb 'double-tapper' customers who caused chaos with drive-up orders
Target has updated its mobile app so customers arriving for drive-up orders can't immediately tap "I'm here" after saying they're en route.
The Orient Express is plotting a comeback as the ultra-rich ditch luxury brands for travel
La Dolce Vita sleeper trains mark the Orient Express's return, capitalizing on the growing demand for luxury travel experiences.
Food deliveries are getting more expensive — but we can't stop ordering
Food delivery costs rise but demand remains high as Americans prioritize convenience and time-saving over price.
We usually spend $40 a week at Aldi. I took the same list to Piggly Wiggly and didn't come close to sticking to my budget.
My fiancée and I typically get our weekly groceries at Aldi, but I recently took the same list to Piggly Wiggly to compare the chains' value.