Following Prime Day 2025, a staggering 5,000% increase in text message scams targeting Amazon customers has caught the attention of cybersecurity experts. Guardio reported this surge starting July 8, revealing an unsettling trend where scammers claimed to be addressing "Amazon refund issues." This represents one of the most coordinated digital attacks against online shoppers, particularly ...
Reebok Hits Wall on Reshoring—Says No One Will Sew Outside Asia
America's once-thriving manufacturing sector faces unsettling challenges as industry leaders like Joe Foster, co-founder of Reebok, share their hard truths about resourcing sneaker production domestically. With a staggering 99 percent of U.S. footwear imported, the gap between domestic production and imports highlights a reality that is difficult to ignore. The industry, which only managed to ...
Sephora Unveils New Policy Amid Shifting Shopping Habits
The U.S. beauty retail sector is currently experiencing profound shifts as consumer behaviors evolve at a rapid pace. Recent reports indicate that shoppers are becoming increasingly cautious in their spending, placing a higher premium on value due to economic uncertainty and the relentless competition from online retailers. As these behavioral changes emerge, traditional retail players find ...
Impulse Shopping Balloons To $20B—39% of Americans Now Buy From Algorithms
In recent years, the way Americans shop has significantly transformed, with staggering amounts spent on impulse purchases. According to Bankrate’s latest survey, consumers dropped $71 billion on unplanned buys over the past 12 months, revealing an average spend of $754 per impulse buyer. The surge in spontaneous buying has been particularly pronounced in 2024, with data from Capital One ...
Amazon’s Broken Returns Policy Devastates Small Businesses and Forces Price Hikes
Amazon's returns policy has come under intense scrutiny, particularly from small businesses across the U.S. In 2024, third-party sellers encountered unprecedented financial pressures related to return logistics. A recent SmartScout survey revealed that around two-thirds (64.8%) of sellers had to raise prices to counter those escalating returns costs. This shift shifted the burden of return ...
US Workwear Chain Taps Out—$10M Debt Tied to Carhartt, Timberland
Work ’N Gear, a 23-year-old retailer specializing in work apparel, recently faced an urgent financial crisis. This month, the company made headlines when it unexpectedly filed for Chapter 11 bankruptcy protection in New Jersey. In its court filings, Work ’N Gear indicated that a surprise sweep by a secured lender severely drained its operational cash, leaving management grappling with the ...
JPMorgan Says ‘Don’t Sell America’—Tariffs and Debt Can’t Shake American Power
A leading JPMorgan strategist raises eyebrows and optimism by pushing back against the rising chorus urging investors to “sell America.” Jacob Manoukian, U.S. head of investment strategy at JPMorgan, recently dismissed fears that American economic dominance is eroding under pressure from tariffs and ballooning national debt. “We completely disagree with the idea that the U.S. is somehow losing ...
Target Issues Tough New Policy as Protest Chaos Escalates
In a striking move reflecting its corporate strategy, Target has announced a significant change to its workplace policy, mandating the return of thousands of employees to its Minneapolis headquarters. Starting September 2, 2025, staff in merchandising and sourcing roles will be required to work in-person at least three days a week. As Chief Commercial Officer Rick Gomez stated, "More time ...
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