HomeGoods Abruptly Closes Online Store, Focusing on Brick-and-Mortar Expansion
HomeGoods, owned by TJX Companies, has announced the sudden closure of its online shopping platform, effective Oct. 21. In an email…
Author: Alicia Thorpe
L’Oreal Eyes Strong Q3 Sales Boost From China, But Lingering Concerns Loom
L’Oreal’s skincare and cosmetics labels are expected to significantly bolster the company’s quarterly sales, particularly in China. While overall sales are…
Amazon Introduces ‘Sequoia’ Robotic System to Revolutionize Warehouse Efficiency and Delivery Speeds
Amazon has implemented a new robotic system, named “Sequoia,” at one of its Houston warehouses to enhance inventory management and accelerate…
Rite Aid to Close 154 Stores Nationwide in Chapter 11 Restructuring
Rite Aid is set to close 154 stores as part of its Chapter 11 bankruptcy filing. While the closures are scattered…
Mars Gears Up for Record Halloween Candy Sales, With $3.6 Billion in Consumer Spending Expected
For candy makers like Mars, Halloween is a monumental event, with projections indicating consumers will spend $3.6 billion on Halloween candy…
StubHub Anticipates 60% Surge in NBA Ticket Sales as International Interest Grows
With the NBA season set to begin, StubHub reports a nearly 60% surge in ticket sales compared to the previous year,…
Tupperware Shares Surge as New CEO Takes the Helm Amid Board Shakeup
Tupperware, the iconic container brand, has named Laurie Ann Goldman as its new CEO and made significant changes to its board…
Chick-fil-A Settles Lawsuit Over Alleged Delivery Price Inflation for $4.4 Million in Cash and Gift Cards
Chick-fil-A has reportedly agreed to a $4.4 million settlement following accusations of inflating delivery prices during the pandemic while advertising low…
Best Buy CEO Links ‘Funflation’ and Taylor Swift Concerts to Sluggish Electronics Sales
Best Buy CEO, Corie Barry, suggests that the surge in spending on experiences like Taylor Swift concerts, coined as “funflation,” is…
Walmart Employees Navigate Tense Encounters at Self-Checkouts Due to Anti-Theft Tech
Walmart employees reveal confrontations with customers due to anti-theft tech at self-checkouts. The technology flags missed scans and potential theft, leading…
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