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Retail
Nelson Peltz steps down as chair of Wendy’s board
Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019.Adam Jeffery | CNBCNelson Peltz is stepping down as chair of Wendy's, ending a 17-year reign at the fast-food chain.Wendy's said Friday that the…
We’re starting a position in another stock that should see a lift from Fed
We are initiating a position in Home Depot , buying 50 shares at roughly $361.22. Following the trade, Jim Cramer's Charitable Trust will own 50 shares of HD at a weighting of about 0.55%. Now that the market is no longer overbought…
NFL season expected to spur record $35 billion in legal sports wagers
Joe Milton III #19 of the New England Patriots scrambles from the pressure of Kyu Blu Kelly #36 of the Washington Commanders during the third quarter of a preseason game at Commanders Field on August 25, 2024 in Landover, Maryland.Scott…
Friday is the best day to score an online deal, report finds
Coupons have come a long way from Sunday circulars. And for consumers stretching to make ends meet, they are as indispensable as ever.Now, with online codes, browser extensions and money-saving apps, there are more ways to find…
Court approves plan to exit Chapter 11
The exterior of a Red Lobster restaurant in Austin, Texas, on May 20, 2024.Brandon Bell | Getty ImagesA bankruptcy court approved Red Lobster's plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy.The…
Beyond Meat to launch new steak alternative as it focuses on health
Beyond Meat in El Segundo, Calif. Christina House | Los Angeles Times | Getty ImagesBeyond Meat will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers.CEO Ethan Brown said on Wednesday…
TJ Maxx’s owner (TJX) bringing secret sauce to new parts of the world
TJX Companies is adding new countries to its treasure-hunting map — looking to further boost business outside its strong U.S. marketplace. The Massachusetts-based owner of T.J. Maxx and Marshalls announced a pair of international…
Why the McDonald’s value meal is making a comeback
With fast-food customers revolting over higher prices, chains like McDonald's, Burger King and Wendy's are bringing back the value meal.Nearly 80% of Americans said they feel fast food has become a luxury and are eating out less,…
Restaurant chains that filed for bankruptcy this year
The Red Lobster logo is displayed outside of a closed restaurant in Torrance, California, on May 14, 2024.Patrick T. Fallon | Afp | Getty ImagesRestaurant bankruptcy filings have surged so far this year, echoing a broader rise in…
Here’s when it makes sense to buy vs. rent
Owning isn't always what it's cracked up to be.For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to clothing and furniture these days, according to a report by Intuit…