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U.S. durable goods orders drop 1.3% in April
U.S. durable goods orders drop 1.3% in April
WASHINGTON (AP) — U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production. The Commerce Department reported Thursday that orders for factory goods meant to last at least three years fell 1.3% in April after rising 1.3% in March.
U.S. durable goods orders drop 1.3% in April
4 Indicators that the Reuse and Resale Market Is on the Rise
4 Indicators that the Reuse and Resale Market Is on the Rise
More companies are working toward a circular economy, potentially indicating a critical shift from rapidly buying more new stuff to supporting reuse, repair and resale. Such a shift could create a turning point that puts consumerism on a more sustainable path.
4 Indicators that the Reuse and Resale Market Is on the Rise
Amazon data showed big jump in diversity among senior leaders — after definition of ‘executive’ was loosened
Amazon data showed big jump in diversity among senior leaders — after definition of ‘executive’ was loosened
Amid a hiring spree that boosted Amazon's headcount by 71%, the company in 2017 loosened its definition of "executive" to include hundreds of employees it had previously reported as mid-level managers, expanding its executive ranks by 1,600% in one year.
Amazon data showed big jump in diversity among senior leaders — after definition of ‘executive’ was loosened
How Shein surpassed Amazon as the most downloaded shopping app in the U.S. | Modern Retail
How Shein surpassed Amazon as the most downloaded shopping app in the U.S. | Modern Retail
On May 17, Shein surpassed Amazon as the most downloaded iPhone shopping app in the US, something it had already done in Google Play downloads the week prior, according to analytics firm App Annie. The online-only retailer was formed in Nanjung, China, but ships its products, primarily inexpensive women’s apparel, to more than 220 countries worldwide. Researchers and consumers site innovative digital strategies and low-priced, trendy products that appeal to a Gen-Z mindset as key to the retailer’s success.
How Shein surpassed Amazon as the most downloaded shopping app in the U.S. | Modern Retail