economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Deliveroo to Exit Netherlands as Food Delivery Flounders Worldwide

Deliveroo to Exit Netherlands as Food Delivery Flounders Worldwide
Deliveroo to Exit Netherlands as Food Delivery Flounders Worldwide
August 10, 2022  |  Earnings

As economic pressures mount around the world, multinational food delivery businesses are having a rough go of it. United Kingdom-based food delivery aggregator Deliveroo, for...

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Kohl’s Looks to Outpace Surge in Same Day Delivery With Expanded Self-Pickup
Kohl’s Looks to Outpace Surge in Same Day Delivery With Expanded Self-Pickup
August 10, 2022  |  Retail

It’s never too early for the holiday shopping music to start with a possible recession in the air, so Kohl’s is joining the fray of...

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Sweetgreen Says Remote Work Might Be Good for Workers but It’s Bad for Business
Sweetgreen Says Remote Work Might Be Good for Workers but It’s Bad for Business
August 10, 2022  |  Earnings

As employees continue to opt for remote or hybrid work situations, restaurants that rely on city center workers’ workday lunch spend are left in a...

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Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
August 10, 2022  |  Retail

In the face of growing economic headwinds, footwear and apparel maker Wolverine Worldwide said its continued focus on meeting strong consumer demand for outdoor and...

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Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
August 10, 2022  |  Economy

The government’s closely watched CPI report showed Wednesday (Aug 10) that inflation eased to 8.5% in July, marking a larger than expected dip from the...

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FinTech Startups Endure ‘Down Rounds’ as VC Money Dries Up
FinTech Startups Endure ‘Down Rounds’ as VC Money Dries Up
August 09, 2022  |  Startups

A recent souring of the global equity markets is having dire effects for startups that were previously doing well, Reuters reported Tuesday (Aug. 9). Get...

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Microsoft Asks Employees to Cut Travel, Training Expenses
Microsoft Asks Employees to Cut Travel, Training Expenses
August 09, 2022  |  Big Tech

Microsoft is asking employees to cut back on spending on things like travel, training and company events in an effort to keep costs under control....

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Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
August 09, 2022  |  Retail

Earnings season in an inflationary climate can be a drag, as brands continue to trim outlooks and reposition for a long fall and winter of...

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