Category: Retail News
California governor says state won’t do business with Walgreens over position on abortion pill
Newsom's statement comes after Walgreens said it would not sell the abortion pill in 21 states due to legal restrictions. [...]
Jim Cramer’s Investing Club meeting Monday: Fed and jobs, China reopening, Eli Lilly
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Marlboro maker Altria agrees to buy e-cigarette startup NJOY for nearly $2.8 billion
Altria's deal to buy NJOY comes after the Marlboro maker exited its position in Juul Labs. [...]
Toblerone chocolate to cut iconic Matterhorn logo from packaging due to ‘Swissness’ laws
Switzerland requires milk-based products promoting themselves as Swiss to be made entirely within the country. [...]
Nestle, Tyson and other food giants bet on air fryer boom to grow sales
U.S. consumers spent nearly $1 billion last year buying air fryers, up 51% from 2019. [...]
Amazon to close eight Go convenience stores in cost-cutting move
Amazon has been reevaluating its brick-and-mortar presence as it looks to cut costs. [...]
How top women executives in sports and betting are leading by example
At the MIT Sloan Sports Analytics conference, sports betting and diversity are among the themes this year. [...]
Jim Cramer’s Investing Club meeting Friday: Costco, Eli Lilly, Apple
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Costco’s quarterly results show why we’re long-term investors, despite softer sales
Wholesale retailer Costco Wholesale (COST) delivered solid earnings for its second quarter of fiscal year 2023, even as weaker sales pushed shares low [...]
Nordstrom earnings top expectations, retailer says it’s winding down Canada operations
Nordstrom has struggled with slower sales, more markdowns and pressure from activist investor Ryan Cohen. [...]