Tag: Retail industry

[ad_1] Your Hometown Deli in Paulsboro, N.J. Google Earth A North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company that once had a market capitalization of as high as $100 million despite owning just one, small money-losing deli in southern New Jersey. The man, disgraced former stockbroker James Patten, also admitted on Wednesday in New Jersey federal court to conspiring with two other men to manipulate the share price of another related shell company, which had no tangible assets. That company’s market cap was even higher than the Hometown International ... Read more

[ad_1] Pedestrians walk through the festively decorated Burlington Arcade luxury shopping arcade in London, UK, on Monday, Dec. 4, 2023. Inflation in UK shops has fallen to a 17-month low as retailers fight to attract shoppers ahead of the crucial holiday period. Photographer: Jason Alden/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images “Girl math” makes a timely return this holiday season, throwing the spotlight on new seasonal spending habits that consumers are adopting this year. Users on Tiktok say if you’re buying gifts months before Christmas, it will be “free” by December. If you splurged during Cyber Week, ... Read more

[ad_1] From Facebook and Instagram to Amazon Prime, most U.S. consumers have an online footprint that is growing daily. Email addresses, phone numbers, shopping habits, birthdays and more are all being rolled into a monetizable data profile the companies and data brokers are using to better understand the needs and wants of consumers. Often this is without the knowledge or informed consent of the consumers. A study from the University of Pennsylvania found 79% of Americans feel they have little control over what marketers can find out about them. This is what experts are calling “data fatigue,” the idea that ... Read more