Retail 2023-03-21T13:00:00Z
DoorDash Driver

DoorDash customers can now pay with cash for some pizza and other food deliveries just like in the old days

DoorDash said restaurants using its white-label delivery service, DoorDash Drive, asked for flexible payment options. Donatos Pizza is one user.
Retail 2023-03-21T16:07:37Z
Bed Bath and Beyond closing Louisivlle

More than 1,400 stores are closing across the US in 2023. Here's the full list.

Foot Locker is the latest to join the list of retail chains shutting down stores in 2023, which includes Amazon, Bed Bath & Beyond, and Walmart.
Retail 2023-03-21T10:00:00Z
Marty the Robot

See the robots that are taking on cleaning, inventory checking, and delivery tasks at retailers like BJ's, Lowe's, and 7-Eleven

Artificial intelligence is becoming increasingly popular in retail, and retailers like Sam's Club and Giant have tested autonomous robots lately.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. Retail 2023-03-22T10:00:54Z

Why Olive Wagyu is so expensive

At over $500 a pound, olive wagyu is one of the most expensive meats you can buy. In Shodoshima, Japan, farmers feed cows waste from olive oil groves.
Retail 2023-03-22T10:00:00Z

The most unique regional soda brands with cult followings, from Moxie to Topo Chico

Here are the most unique regional sodas with cult followings. These soft drinks have loyal fans and decades-old histories that are fun and tasteful.
Retail 2023-03-21T23:00:47Z

Is this the sneaker Gen Z has been asking for? Nike seems to think so.

Nike is releasing the Air Max Pulse next week, a brand new sneaker silhouette joining the Air Max franchise geared towards younger consumers.
Retail 2023-03-21T22:33:29Z

Nike has slowed hiring, and expects the slowdown to continue into June

Nike Chief Financial Officer Matt Friend said the company slowed its hiring, and the company expects the slowdown to continue into the summer.
Retail 2023-03-21T21:02:11Z

Nike CEO highlights direct-to-consumer strategy the day after the company's big Foot Locker announcement

Despite Foot Locker's announcement, Nike CEO John Donahoe touted the success of Nike's direct-to-consumer (DTC) approach in earnings.
Tech 2023-03-21T18:40:14Z

Peloton owners in Australia will have loans forgiven from Affirm as the lender exits the country

Affirm announced it is shutting down operations in Australia, meaning Peloton owners in the country would no longer have to pay off their equipment.
Premium Tech 2023-03-21T18:14:32Z

Leaked document shows Amazon's flawed job-posting process led to 'over-hiring,' with one team listing 3 times more openings than approved for

Amazon's lax job-posting process contributed to over hiring during boom times, a leaked internal document says. Now it's conducting layoffs.
Premium Media 2023-03-21T17:11:40Z

5 beauty industry trends to watch in 2023, according to an influencer who advises brands and an investment fund

Influencer and scout Blake Newby helps her company invest in Black beauty and wellness brands. Here's what she says is hot in the industry.
Retail 2023-03-21T17:01:49Z

Here's the method Chick-fil-A workers use to keep their cool with angry customers

Fast-food work has become increasingly difficult. Here's how Chick-fil-A handles angry customers using the HEARD model and the company's Core 4.
Retail 2023-03-21T15:36:35Z

What it costs to open 12 of the biggest fast-food chains in the US, including Chick-fil-A, McDonald's, and Taco Bell

Costs range between $219,000 and $2.9 million to open a Chick-fil-A franchise, but the typical Chick-fil-A franchise can exceed $8 million in sales.
Retail 2023-03-21T10:50:15Z

Shoppers say secondhand stores like Goodwill are getting too expensive as Gen Z makes thrifting cool

The US thrift market has grown substantially in recent years as thrifting has become a popular pursuit of Gen Z shoppers.
Retail 2023-03-21T09:00:00Z

I made over $10 million in revenue on Amazon last year. Here's how my husband and I became sellers and earned enough to buy our dream home.

Deanna Slamans and her husband started making money on Amazon by investing, planning, and tactful risk-taking — making $10 million in 2022.
Retail 2023-03-21T05:55:43Z

A retro red, blue, and white Credit Suisse ski cap is attracting ferocious bids online — and prices are now up to $200

Credit Suisse merch is popping up in online marketplaces following the 167-year-old lender's merger with UBS.
Retail 2023-03-20T22:45:08Z

Meet Laxman Narasimhan, a coffee industry outsider who just took over as CEO of Starbucks

The PepsiCo and Reckitt veteran is taking the reins from interim CEO Howard Schultz as the brand faces scrutiny over its dealings with union leaders.
Retail 2023-03-20T19:34:22Z

Foot Locker to close 400 mall stores as it shifts focus to niche shops for sneakerheads, kids, and higher-income shoppers

Foot Locker also plans to open more than 300 new format stores, including freestanding stores and stores for sneakerheads.
Retail 2023-03-20T18:34:20Z

Foot Locker touts a renewed partnership with Nike — but it still won't get the hottest sneaker releases

The Foot Locker CEO, sporting gold Nike Air Max 97 sneakers, announced a renewed partnership with Nike at the company's investor day.
Tech 2023-03-20T15:43:00Z

Amazon is slashing 9,000 more workers amid a layoff wave that has expanded past tech to include bellwethers like Dow and 3M. Here's the full list of major US companies making cuts in 2023.

Amazon announced another headcount cut after slashing 18,000 jobs in January as waves of layoffs hit tech companies and spread to other industries.
Tech 2023-03-20T14:54:57Z

Amazon is laying off another 9,000 employees — read the email CEO Andy Jassy sent to staff

The layoffs will affect employees in teams including advertising, Twitch, and Amazon Web Services, CEO Andy Jassy said in a memo.
Retail 2023-03-20T14:24:27Z

3 things plaguing Olaplex that have nothing to do with the hair loss lawsuit

Besides a hair-loss lawsuit, Olaplex faces challenges growing the brand, from getting into new salons to maintaining market share against rivals.
Retail 2023-03-19T20:12:12Z

Seniors are now taking better advantage of discounts –?but 50-somethings nab better deals than you'd think

Senior discounts have been around for a while now, but more people are looking into saving money where they can. That means taking advantage of deals.
Law 2023-03-19T16:40:49Z

Supreme Court to hear trademark dispute case over Jack Daniel's whiskey and poop-themed dog toy

The whiskey maker says the toy infringes on its trademark by mimicking its bottle design. An appeals court said it's protected by the First Amendment.
Retail 2023-03-19T14:22:39Z

All the latest Nike organization changes as the company shakes up its technology, diversity, Asia, and women’s departments

Nike organization changes include ??Ratnakar Lavu out as tech lead and new roles and responsibilities for Amy Montagne, Deepak Arora, and Ryan Fusselman.
Retail 2023-03-19T13:07:37Z

Zara's crowded stores aren't deterring shoppers. Its sales are skyrocketing.

Zara's parent company, Inditex, reported a 23% jump in store sales in 2022, despite the retailer operating with 10% fewer stores.
Retail 2023-03-19T10:00:00Z

Jollibee's tater tots were created by a chef with Michelin-star experience. They were tasty and filled us up, but the meal deal wasn't cheap.

Jollibee, a Filipino fast-food chain, teamed up with chef Whyte Rushen to create a side dish of tater tots, but they're pricey.
Retail 2023-03-18T17:57:32Z

Lawsuit argues Amazon illegally surveilled NYC customers including tracking their body size. Here's why Amazon Go stores are watching you.

Amazon Go stores, which have no cashiers, track customers as they shop. A New York lawsuit alleges they don't tell people about the data they collect.
Premium Retail 2023-03-18T14:20:21Z

Nike's aggressive use of noncompetes is stifling hiring at rivals and startups sneaker brands, insiders say

President Biden and the FTC want to eliminate noncompete agreements, but Nike is among the sportswear companies that continue to use them.
Retail 2023-03-18T13:07:41Z

I ate at Dave's Hot Chicken and saw why this is the fastest-growing chain in the US – but I had to draw the line at the palate-scorching Reaper, which requires signing a waiver

The celebrity-backed chain sells Nashville-style hot chicken tenders in seven spice levels. It opened its first store in Washington DC in early March.
Retail 2023-03-18T10:25:00Z

Target drive-up workers say app 'double-tapper' customers are a daily source of chaos and disruption as they try to meet tight fulfillment deadlines

Target Circle app users who tap "On my way," and "I'm here," in rapid succession for drive-up orders are cutting in a digital line, workers said.
Retail 2023-03-17T20:30:44Z

A perfect storm of food-stamp cuts and low tax refunds is looming — and discount chains like Dollar General and Big Lots could feel the pain

These changes are coming at a time when inflation has kept prices high, straining the budgets of lower-income consumers in particular.
Retail 2023-03-17T20:29:22Z

Dollar General enters the retail 'labor hoarding' war with a $100 million investment to boost scheduled hours for employees

CEO Jeff Owen said hourly wages are up 23% over the past three years, and the focus is now on increasing workers' earnings with more weekly hours.
Retail 2023-03-17T18:11:18Z

Nike and Lululemon are obliterating the competition when it comes to drawing customers to stores

Foot traffic at Nike and Lululemon stores increased each of the last three months, while traffic at sporting goods stores decreased.
Retail 2023-03-17T17:34:49Z

A New York grocery store is using biometrics including eye scanners and voice prints to identify repeat shoplifters. Some shoppers say that's creepy — even if it deters theft.

Fairway joins a list of retailers, including Lowe's, Macy's, and Albertsons, that have deployed facial recognition technology to catch shoplifters.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. Retail 2023-03-17T17:19:00Z

Here's why one gram of pure Tyrian purple pigment costs almost $3,000

In the ancient world, a single pound of Tyrian purple dye cost 3 pounds of gold. Today, pure Tyrian purple pigment is mostly a luxury item.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. Retail 2023-03-17T14:06:04Z

How 200,000 Luffas Become Kitchen Sponges

A sustainable farm in northwestern Spain has perfected its method for growing luffas. It then processes the luffas into super soft sponges.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. Retail 2023-03-17T13:31:05Z

A jar of 'ethical' foie gras will cost you over $200. Here's why.

Foie gras is known for being expensive and controversial. 'Ethical' foie gras, produced from geese who aren't force-fed, costs six times as much.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. Retail 2023-03-17T13:30:27Z

Why Spanish baby eels are so expensive

They are a delicacy in Spain, where 1 kilo can reach thousands of dollars at auction. To reach just 1 kilo, fishers need to catch 3,000 eels.
Retail 2023-03-17T12:00:00Z

Subway will sell 50% discounts for its footlong sandwiches to app users — and they could sell out within hours

The subscription passes, exclusive to rewards members, go on sale March 21. The chain sold out 10,000 in six hours last year.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. Retail 2023-03-17T11:00:00Z

Why wild panela sugar is so expensive

In Colombia, depending on where it is made, panela can cost up to 17,000 pesos per kilogram. In the US, it can cost 20 times more than white sugar.
Retail 2023-03-17T09:00:00Z

Independent bookstores once considered Barnes & Noble the enemy, but its CEO loves small bookstores so much, he owns 9 of his own

Barnes & Noble's CEO opened his first Daunt Books in 1990 and he still owns the chain today, despite overseeing 1,000 corporate-owned shops worldwide.
Personal Finance 2023-03-16T23:10:49Z

Amazon Prime Rewards Visa Card Review 2023

The Amazon Prime Rewards Visa credit card offers a good welcome bonus and 5% cash back on all Amazon and Whole Foods purchases if you have a Prime membership.
Personal Finance 2023-03-16T22:42:54Z

Best Cash Back Credit Cards of March 2023

The best cash back credit cards of 2023 offer between 1% and 10% cash back, and some even have higher bonuses than cards that charge annual fees.
Retail 2023-03-16T20:47:54Z

Bed Bath & Beyond is reportedly skipping on severance payments for workers

Employees are also quitting weeks before their stores close, complicating the houseware giant's effort to get rid of inventory, Bloomberg reported.
Retail 2023-03-16T20:09:44Z

Walmart stops selling 'horrific' stand used to restrain dogs during breeding after activists file a complaint

According to People for the Ethical Treatment of Animals (PETA), certain breeders use these breeding stands to force female dogs into having puppies.
Retail 2023-03-16T17:42:20Z

Shoppers are scrambling to get their hands on Costco's viral $20 peanut butter chocolate pie, which is attracting millions of views on TikTok

Shoppers say the coveted pie, which weighs nearly five pounds, is hard to find. People have turned to Facebook fan groups to ask where it's available.
Retail 2023-03-16T17:36:22Z

Chick-fil-A will force rewards members to spend more money to get free food, following in the footsteps of Starbucks and Dunkin'

Chick-fil-A customers must spend more to earn free food on select items. Other fast-food chains have made similar changes to offset commodity costs.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. Retail 2023-03-16T17:17:08Z

Why single-origin coffee can cost $30 per pound. More than 5 times the US average.

Single-origin coffee can cost $30 per pound. Over five times the average price in the US. But many coffee farmers struggle to earn a profit.
Retail 2023-03-16T16:04:16Z

Dollar General customers are buying groceries but skipping non-essentials as they rely on savings, credit cards, and borrowing money from friends to get by

Dollar General reported its fourth-quarter earnings on Thursday. Sales were up 5.6%, driven by growth in its consumables categories.
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