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Apple watches sold 70 percent less than last year

Oct 26, 2016
The good news: a new report shows that Apple sold over a million smartwatches this summer. The bad news: sales are 71 percent down from the same period last year. Smartwatches were quick out of the gate, but sales have slowed, including Garmin’s and Samsung’s versions. What’s behind this drastic drop in sales?   
Apple CEO Tim Cook speaks about the Apple Watch during an Apple special event at the Apple headquarters in Cupertino, California. 
Justin Sullivan/Getty Images

Wells Fargo in the hot seat with Senate Banking Committee over false accounts

Sep 20, 2016
A group of senators is asking whether the company will take back bonuses from managers who might have benefited from the scandal.
More than 5,000 Wells Fargo employees have been fired as a result of the company's fake accounts scandal.
Joe Raedle/Getty Images

Retailers already worrying about holiday sales

Jul 4, 2016
Peak shopping season is still months away, but retailers' ordering is all but done.
The manager of "Black Market, a Los Angeles boutique, said she recently finished placing orders for the holiday season.
Reema Khrais/Marketplace

Coca-Cola is changing its look

Apr 20, 2016
The iconic soda brand is trying out a new design.
Image via Coca-Cola Co.

It's beginning to look a lot like markdowns

Nov 11, 2015
Warm weather and fewer tourists have left big retailers with too much inventory

What's next for Nike?

Sep 24, 2015
The athletic company is taking its look to the street.

SoulCycle pedaling hard toward IPO

Jul 31, 2015
A question for investors: How much can a fitness fad grow?

For public good, not for profit.

Apple's drop illustrates the power of expectations

Jul 22, 2015
Apple is down sharply following the release of its numbers Tuesday.

Sweater snafus unravel J.Crew's quarterly earnings

Jun 5, 2015
Sales were off more than 5 percent from last year at the fashion retailer.

How to catch a flash sale before it's over

Apr 17, 2015
Slow and steady doesn't always win the race.