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Retail
Impulse spending is an issue for consumers. How to rein in the habit
miniseries | E+ | Getty ImagesSetting up a household budget and sticking to it can be challenging. Impulse shopping doesn't make it any easier.About 42% of consumers say they are worsening their financial situation by doing things like…
Tesco PLC shareholders reject director pay report over CEO Dave Lewis’s fat
It had been expected that the executive pay report was going to be approved by a small margin
More than two thirds of () shareholders voted down the grocery giant’s pay report at its annual meeting on Friday.
Some 67.3% of votes were…
Fourth of July celebrations at home are driving record fireworks sales
A shopper looks through fireworks for sale at Sky King Fireworks in Morrisville, Pennsylvania, U.S., June 24, 2020.Lucas Jackson | ReutersIf you think you're hearing more fireworks than usual this year, you probably are.Firework sellers…
Tesco PLC faces investor revolt over CEO pay
The £6.4mln wage package of outgoing boss Dave Lewis has split shareholder opinion amid an ongoing debate around executive pay during the coronavirus crisis
Tesco PLC (LON:TSCO) is facing a shareholder revolt over the pay packet of its…
CEOs unveil plans against racial inequality after George Floyd death
Demonstrators cross the Brooklyn Bridge on June 4, 2020.Justin Heiman | Getty ImagesCorporate America has joined protesters in condemning the death of George Floyd at the hands of police and calling for action to confront racial…
17-year-old Korean CEO on making $1 million in sales
At just 17 years old, Sukone Hong has realized his entrepreneurial dream by building not one but two businesses.The first, a South Korean fashion brand of which he is CEO, has made over $1 million in sales this year and won the…
GameStop (GME) 2Q 2021 earnings
Shares of video game retailer GameStop fell more than 7% in extended trading Wednesday after the company reported its second-quarter loss narrowed on a year-over-year basis.The retailer did not provide an outlook for the coming quarters…
Delays in return to office hit midtown NYC restaurants
In August, the Gerber Group's Manhattan bars and restaurants started hiring more workers in preparation for an influx of customers returning to the offices the following month. The labor crunch meant those restaurants weren't fully…
Debenhams to reopen stores in Northern Ireland and England
The firm fell into administration in April but agreed with landlords to keep some sites open
Debenhams is to reopen three stores in Northern Ireland and will resume trading at 50 sites in England on June 15.
The department stores chain…
Bar owners reckon with costly stop and starts as states close them down
People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020.Chandan Khanna | AFP | Getty ImagesThe list keeps getting longer. Governors in Michigan, Florida, Texas, California, Colorado and Arizona…