Category: Retail News

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China’s plans to scrap Covid quarantine rules is a win for key Club holdings

China's latest move to roll back its zero-Covid policy by scrapping quarantine restrictions for travelers is the last leg of recovery we've been waiti [...]

The year of the restaurant robot: Why chains are investing in automation and what it means for workers

Restaurant chains experimented with automation this year as the labor crunch pressured their profits. [...]

Airlines cancel 10,000 flights during severe winter storms and scramble to rebook holiday travelers

Spare seats were hard to find for many travelers because flights were so full and schedules limited. [...]

Marijuana’s black market is undercutting legal businesses

Across the country, thriving, unregulated marijuana businesses are threatening to undercut legal markets awaiting banking and tax reform. [...]

Most supply chain managers expect problems to continue at least through 2024

More than half of logistics managers surveyed by CNBC do not expect the supply chain to return to normal until 2024 or after. [...]

Judge pauses SEC case in alleged NJ deli stock fraud in favor of criminal probe

A federal judge ruled that the SEC will pause its fraud case involving a New Jersey deli to avoid overlap with the DOJ's ongoing litigation. [...]

Survey shows a Costco membership fee hike would face little resistance — we think so, too

Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Costco (COST). [...]

Under Armour picks Marriott exec Stephanie Linnartz to be new CEO after seven-month search

Under Armour ended its seven-month search for a new CEO by announcing that it had hired Marriott executive Stephanie Linnartz to take the job. [...]
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