Shoppers Spent a Record $9 Billion on Black Friday Despite Recession Fears
Online shoppers spent a record $9.12 billion this Black Friday, up 2.3 percent from last year, according to Adobe Analytics data, buoyed by a still-strong job market.
Consumer Spending
Shopify Plans to Lay Off 10 Percent of its Global Workforce as Pandemic Spending Wanes
Shopify is the latest tech company to lay off workers. The e-commerce site is cutting about 10 percent of its workforce as it adjusts to a slowdown in consumer spending.
The $3B Wedding Industry Has a Major Millennial Problem
Saying 'yes to the dress' might not matter so much anymore.
