Category: Retail News
Couples leverage ‘something borrowed’ to cut wedding costs
The average cost for a wedding has increased to $30,000, but brides are being more savvy with their budgets and renting items instead of purchasing th [...]
A consumer spending slowdown is coming in the second half of 2023
Consumers have continued to spend amid high inflation, but interest rate hikes and resuming student loan payments could slow that. [...]
How layoffs and A.I. are impacting tech workers
After years of unstoppable growth, big tech’s pandemic bubble burst forcing tech companies to trim their rosters [...]
Biden administration puts the final nail in the coffin for incandescent light bulbs
The Department of Energy has completed its tiered phase in of the ban on incandescent light bulbs. Now, all light bulbs must meet specific efficiency [...]
CVS beats on earnings and revenue as the company slashes costs
CVS is cutting costs as it pushes deeper into health-care services after its acquisitions of Signify Health and Oak Street Health. [...]
Taco Bell owner Yum Brands misses revenue estimates despite soaring KFC sales
Yum Brands restaurant KFC's same-store sales climbed 13%, fueled by demand in China, its largest market. [...]
Increasing Profit Margins with Smart Inventory Management
Discover how smart inventory management can help you increase profit margins. Learn effective strategies and techniques to optimize your inventory. [...]
Shares of e.l.f Beauty surge 15% after company raises full-year guidance on surging sales
Drugstore makeup brand e.l.f Beauty raised its full year outlook after reporting a 76% sales jump as the red-hot beauty market continues to surge. [...]
Starbucks beats earnings estimates, but sales disappoint despite China boom
Starbucks stock has risen just 1.5% this year, giving the company a market value of $115 billion. [...]
As the new Bed Bath & Beyond launches, here’s what shoppers can expect
Bed Bath & Beyond relaunched as an online-only retailer after Overstock won its intellectual property at auction. [...]