Marks & Spencer, the large British retailer, said on Tuesday that some customer data had been stolen in a cyberattack last month, an incident that has left the company unable to process online orders for weeks. In an email to customers, M&S said that while some personal data, potentially including contact details and dates of…
On a wet Wednesday morning in April, Ashley Holroyd had a steady but slow stream of customers into his coffee shop in Barrow-in-Furness, an industrial town in northwest England. The cafe, Coffee D’Ash, had been open for only about six months, and it barely filled the cavernous space. Despite the empty storefronts on the same…
Dollar Tree is selling the Family Dollar brand to two private capital firms for just over $1 billion, the company announced on Wednesday after years of struggling with Family Dollar’s operation. The private equity firms Brigade Capital Management and Macellum Capital Management are buying Family Dollar together, according to the statement. In the announcement, Dollar…
Hong Kong is a difficult place to run an independent bookshop. Rents are high and space is limited, but navigating the law has also become harder in recent years. China imposed a strict national security law on Hong Kong in 2020, and the government has also begun enforcing a dormant, colonial-era sedition law. The laws’…
President Trump made one of the biggest gambles of his presidency Tuesday by initiating sweeping tariffs with no clear rationale on imports from Canada, Mexico and China, triggering a trade war that risks undermining the United States economy. His actions have upended diplomatic relations with America’s largest trading partners, sent markets tumbling, and provoked retaliation…
President Trump indicated he was ready to broaden his trade war on Friday, saying that he would announce reciprocal tariffs on other countries next week. Such a measure would raise the levies the United States charges on imports to match what other countries charge on American products, a move that could trigger new trade fights….
Customers at some CVS stores will no longer have to push a button and wait for a clerk to unlock one of those glass cabinets to get the products they want to buy. A new app will allow them to open the cabinets themselves, the company said on Tuesday. That feature of the new CVS…
Selling products on livestream video is a big business in China. Apps like Douyin, the Chinese sibling of TikTok, mix social media with e-commerce to keep people glued to their phones while purchasing everything from soap to spices to suitcases. The latest e-commerce trend adds a game of chance to the mix. Known as “blind…