How Black Friday became a retail letdown: 'To sustain the ride, they started to dilute it'
Black Friday used to be the biggest in-person shopping event of the year, but for six straight years, online sales have outpaced stores.

Black Friday used to be the biggest in-person shopping event of the year, but for six straight years, online sales have outpaced stores.
The president said he would also terminate "millions" of admissions under his predecessor Joe Biden and remove "anyone who is not a net asset" to the U.S.
The FT said the SEC is looking into whether Jefferies gave investors enough information on their exposure to the failed auto business.
Markets may have entered a new cycle. Here's why.
After a pandemic-driven surge and subsequent pullback, warehouse real estate supply and demand is finally starting to come into balance.
Switzerland looks set to reject a proposal for a 50% tax on inheritances and gifts of more than 50 million Swiss Francs.
Grocery-store coffee prices rose 41% in a year, a surge the U.S. hasn’t seen in decades.
A technical problem obstructed futures trading at the Chicago Mercantile Exchange in the early hours of Friday morning.
Workers who receive a 401(k) matching contribution from their employer may be surprised to learn that there's often a tenure requirement attached to the money.
Next year, some 140 million Americans will get a new tax break on donations. Experts warn it's unclear whether they will use it.
Agentic AI is transforming the way people shop online, and it comes with heigheted risks of digital fraud for retailers.
Frustrating as volatility can be, it also tends to present opportunities.
Deepak Chopra's new AI bot was modeled on decades of writings, research and lectures. "I fed it all into my AI," he says.
Many managers shy away from critical or constructive feedback in the pursuit of being well liked.
From an ‘invisible mine’ to a radical relocation, two mining companies at the heart of Europe's resource security push are taking very different approaches.
Russian President Vladimir Putin said the outlines of a draft peace plan agreed by the U.S. and Ukraine could become the basis of a deal to end the war.
Saving doesn't always require more money, you might just have to reorganize what you already have, says CFP Kashif Ahmed.
Dutch chipmaker Nexperia has published an open letter urgently calling on its China unit to help restore supply chain operations.
The measures are Seoul's first independent sanctions regarding transnational crime and the "largest single sanction measure in history."
K-beauty has vaulted into the American mainstream, driven by TikTok and younger, more diverse shoppers. Retailers from Ulta to Walmart are racing to cash in.
The company's Gemini 3 and Ironwood AI chip are driving Wall Street's excitement behind Alphabet's AI comeback, but challenges remain.
Eric Swalwell alleges FHFA's Pulte used federal mortgage data to hurt Trump’s critics, leaking details about Swalwell family home ahead of his campaign launch.
Alibaba, like other tech giants such as Meta, are betting that smart glasses could be the next big consumer device after the smartphone.
China's focus on pushing domestic chips could make Baidu's chip unit, Kunlunxin, a fast-growing business for the company.