Tag: Retail industry
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Metro to close Paragon, Causeway Point department stores when leases end in retail overhaul
Metro says it intends to progressively move away from the traditional large department store format following a “strategic review” of its retail operations.
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The FDA made a big reversal in its cyclosporiasis probe, but it still thinks iceberg lettuce is to blame
The FDA’s investigation into the source of the cyclosporiasis outbreak is causing confusion as companies and consumers alike navigate new updates.
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The AI rotation stole the spotlight from a strong start to earnings season
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season.
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Fanatics CEO Michael Rubin on two sports businesses his multi-billion-dollar conglomerate won’t enter
Fanatics has become one of the most influential companies in sports, building out a massive merchandise, collectibles and sports gambling platform.
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Korean beauty products are becoming mainstream in the U.S. Why there may be even more growth ahead
Morgan Stanley forecasts that K-beauty sales in the U.S. can reach approximately $4 billion in 2026.
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The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don’t expect a long-term impact
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
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Inside the Chinese fraud rings stealing billions from banks and retailers
Chinese organized crime groups are making as much as $1 billion annually in tap-to-pay fraud schemes targeting retailers and banks.
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Has Nike lost its ‘cool’ factor? LeBron James weighs in
Nike’s stock has slumped as the sportswear giant faces new competitors and waning influence. LeBron James has some advice on how to regain its ‘cool’ factor.
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U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies
New data show the U.S. grocery slowdown is deepening as shoppers buy fewer items, forcing grocers and brands to compete harder on price and value.
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Zipline adds ex-Tesla, Uber, Waymo execs to make drone delivery mainstream across U.S.
Zipline is growing its drone delivery business in the U.S., and has hired former Tesla, Uber Eats and Waymo executives to help it scale up in new markets.
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