I used to buy my kids expensive clothes out of mom guilt. Now, I only shop for them at consignment shops to save money.

Tech Insider : Business
a woman shopping with clothes on a rack
The author only shops for her kids at consignment shops now.

AGCreativeLab/Getty Images

McDonald's shuts down its spin-off, CosMc's, after less than 3 years as sales lag

Tech Insider : Business, Style
Cars lined up outside of a CosMc's location.
McDonald's announced that it is closing its spin-off, CosMc's.

Scott Olson/Getty Images

'Tip creep' is pushing some customers to leave smaller tips, and driving others to avoid businesses that ask for them

Tech Insider : Economy, Business, Travel
Tipping culture
Tip requests have popped up at a wide array of businesses.

Grace Cary/Getty Images

TJX CEO wants you to find something on the rack that 'almost feels too cheap'

Tech Insider : Business
A customer shops at a T.J. Maxx store on May 21, 2025 in Chicago, Illinois.
TJ Maxx has seen strong sales and traffic gains in spite of a broader slowdown in apparel and housewares in recent years.

Scott Olson/Getty Images

TikTok enters its efficiency era

Tech Insider : Business, Travel
TikTok logo on a building.

ROBYN BECK/AFP via Getty Images.

  • TikTok is laying off staff and instituting cost-saving measures as part of an efficiency push.
  • Many of the cuts have focused on its US e-commerce team.
  • TikTok Shop sales have slumped in the US this year amid tariffs and other uncertainty.

Belt-tightening is underway at TikTok.

Steve Madden calls out the Trump administration on tariffs: 'They fundamentally don't know what they're doing'

Tech Insider : Economy, Business
Steve Madden
Steve Madden, the design head of his namesake brand, says the Trump Administration is wrong about tariffs.

Steve Granitz/WireImage via Getty Images

I tried on work pants from Gap, Old Navy, and Banana Republic. I was blown away by one pair's stylish shape and fit.

Tech Insider : Business, Style
Chloe wearing three pairs of slacks in brown, black, and tan colors.
I definitely would have purchased the Gap pants if they were on sale during my visit.

Chloe Caldwell

Hermès overtakes Bernard Arnault's LVMH to become France's most valuable company

Tech Insider : Business
bernard arnault
Bernard Arnault is CEO of LVMH.

Reuters

The Chinese e-commerce app the US can't get enough of right now

Tech Insider : Business
DHGate app on App Store.
There's been an uptick in interest in DHgate, an e-commerce platform from China.

Screenshots from App Store and the DHgate app/BI

LVMH says it's looking into moving more manufacturing to the US after Trump's tariff threats

Tech Insider : Business
Head of top luxury conglomerate LVMH Bernard Arnault presents the group's 2024 annual results in Paris on January 28, 2025.
LVMH said it might move some of its manufacturing to the US to mitigate tariff risks.

Dimitar DILKOFF / AFP

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