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Retail
Britain sees low-alcohol beer sales boom during Euros
People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of July 2024, London, United Kingdom. Kristian Buus | In Pictures | Getty ImagesLONDON — While the European men's soccer…
Why outlet malls are struggling against Amazon and Shein
Outlet malls have been an American staple for shoppers since the 1930s. But they're not doing as well as they once were.Historically, outlets were attached to the factories where apparel was made, selling out-of-season, overrun or faulty…
Bay, Iger to take controlling stake at $250 million value
Bob Iger, chief executive officer of The Walt Disney Co., and his wife attend Willow Bay the Allen & Company Sun Valley Conference on July 11, 2024 in Sun Valley, Idaho. Kevork Djansezian | Getty ImagesWillow Bay and Bob Iger will…
6 categories cheaper today than before pandemic
It's the nature of prices to go up over time, even in low-inflation environments. Historically, the target for the U.S. Federal Reserve has been 2% annual inflation.So when worldwide events like the Covid-19 pandemic push inflation well…
How AI and automation will reshape grocery stores and fast-food chains
AI isn't just a hyped innovation in the tech sector; the food industry is also investing heavily in the red-hot trend.Americans heading to the grocery store or their favorite fast-food restaurant will already have noticed the…
PepsiCo (PEP) earnings Q2 2024 earnings
Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023.Jakub Porzycki | Nurphoto | Getty ImagesPepsiCo reported mixed quarterly results Thursday, hurt by declining demand…
Dollar General, Labor Department settle over safety violations
A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023.Scott Olson | Getty ImagesThe U.S. Department of Labor announced a settlement Thursday with Dollar General, requiring the retailer and its subsidiaries to pay $12…
We’re locking in great gains on shares of this stellar off-price retailer
We're selling 50 shares of TJX Companies at roughly $115. Following Friday's trade, Jim Cramer's Charitable Trust will own 750 shares of TJX, decreasing its weighting in the portfolio to 2.55% from 2.7%. The market was putting the…
Costco hikes membership fee for the first time since 2017
Customers exit a Costco store in Teterboro, New Jersey, on June 28, 2023.Kena Betancur | Corbis News | Getty ImagesYou will soon have to pay more if you want to shop at Costco.The membership-based warehouse club said Wednesday that it…
Walmart to open five automated distribution centers
Automated distribution centers for Walmart grocery business.Courtesy: WalmartWalmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases efficiency and its online…