Yum Brands Gets a Lift as KFC’s Cheaper Options Draw More Customers
Yum Brands reported strong quarterly results, with KFC’s comparable sales surging 13% and beating estimates, driven by the popularity of cheaper…
Author: Alicia Thorpe
MrBeast Says ‘Ghost Kitchen’ Partner Is Hurting His Brand With ‘Terrible Quality’ Burgers
YouTube star MrBeast, whose real name is Jimmy Donaldson, is suing his business partner Virtual Dining Concepts over the poor quality…
As the New Bed Bath & Beyond Launches, Here’s What Shoppers Can Expect
Bed Bath & Beyond has relaunched through its new website and app after its brick-and-mortar stores closed following a bankruptcy filing…
Starbucks Beats Earnings Estimates, but Sales Disappoint Despite China Boom
Starbucks reported better-than-expected quarterly earnings but disappointed with weaker-than-expected same-store sales. While the company’s revenue grew by 12%, same-store sales in…
As CVS Adds More Healthcare Services, 5,000 Job Cuts and Restructuring Ahead
CVS Health is planning to cut 5,000 jobs across the country as it focuses on adding healthcare services to its stores…
Billionaire Behind Walmart’s Warehouse Robots Gains More Than $7 Billion in a Day
Rick Cohen, the billionaire majority owner of warehouse automation firm Symbotic, saw his fortune increase by over $7 billion in a…
Shares of e.l.f. Beauty Jump 15% After Company Raises Full-Year Guidance on Surging Sales
e.l.f. Beauty, a drugstore makeup brand, experienced a 76% year-over-year increase in sales for its fiscal first quarter of 2024. The…
Focus: Clothiers Bet on ‘Cooling’ Fabrics as Global Temps Rise
Retailers like Macy’s and Columbia Sportswear are embracing “cooling” and “breathable” fabrics in response to rising temperatures and increased demand for…
Amazon To Invest $7.2 Bln in Israel, Launches AWS Cloud Region
Amazon.com has announced plans to invest approximately $7.2 billion in Israel by 2037 and has launched its Amazon Web Services (AWS)…
Taco Bell Is Sued for False Advertising of Crunchwraps, Mexican Pizzas
Taco Bell is facing a proposed class-action lawsuit for alleged false advertising of its Crunchwraps and Mexican pizzas. The plaintiff, Frank…
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