As malls continue to lose foot traffic, the question of how retail can keep up is on the top of many industry leaders' minds. George Arison is the CEO and Founder of Shift joins Cheddar to give his take.
Arison believes that next-day delivery is going to be the key to retailers who want to survive. Arison points to Amazon has not only a retail disrupter but also as the company to follow.
Shift is a peer-to-peer marketplace for buying and selling cars. Shift allows consumers to go through the entire car buying/selling and financing process, all on their phone.
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.
