The world suffered a loss this week, as American luminary Ron Popeil passed away at the age of 86 in a Los Angeles hospital. While younger readers may have never heard of the original TV pitchman, they’ve surely come in contact with his work, his influence and...
Today in restaurant and grocery news, major coffee brands report strong sales, while Restaurant Brands International sees its loyalty investments pay off. Plus, Gopuff gets another billion to power its expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top retail news, Amazon misses analysts’ sales expectations amid consumers’ return to pre-pandemic patterns, while children’s apparel retailer Carter’s says the federal government’s new child tax credit is good for both the country and its bottom line. Also, Procter & Gamble is expected...
Car dealers need used vehicles. Car buyers want to sell, but they’re not crazy about walking into a dealership. Enter CarGurus, which debuted a service on Friday (July 30) designed to bring the two together. Get the Full Story Complete the form to unlock this...
Children’s apparel retailer Carter’s is optimistic about its prospects as back-to-school shopping returns to normal and the new enhanced child tax credit kicks in across the U.S., even as the company is being forced to spend more to ensure that products can be imported quickly...
After another record Prime Day in June and months of investment in its logistics network, Amazon would historically have joined its retail compatriots in beating Wall Street earnings expectations this week. But with consumers emerging from their homes to shop and socialize, therefore spending less...
With “Help Wanted” signs still plastered on storefronts across America and new headlines announcing hiring hiccups each week, it’s hard to avoid the fact that the retail industry is facing a serious labor shortage, ranging from distribution centers to the checkout line. According to the...
Despite closure of about 17 percent of its worldwide stores in the first half of 2021 because of continued COVID-19 restrictions, Prada reported revenues of more than $1.52 billion for the six months ending June 30, up 60 percent from the same time last year...
Consumers can expect to pay a bit more for their favorite Procter & Gamble products in the next year, after officials said they expect to levy price increases across the board to overcome $1.9 billion in anticipated higher commodity costs and freight increases. Get the...
