Global sportswear giant Nike is slashing thousands of online distributor partnerships across Greater China this week, launching a sweeping digital restructuring designed to curb severe price discounting and restore its…
PetSmart, the nation's largest pet specialty retailer, will permanently close its sole San Francisco storefront on July 19, marking the complete exit of the major brand's physical presence from the…
On Wednesday, Chinese e-commerce giant Alibaba Group Holding Ltd. and its U.S.-based payment processor agreed to pay a combined $600 million to resolve Department of Justice (DOJ) allegations that they…