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2 mins read
Target comparable sales have dropped for 4 straight quarters, and it's scrambling to avoid a 5th
Target reported $24.5 billion in revenue last quarter, with comparable sales down 3.7%, marking the…
Dominick Reuter
4 mins read
A GenX chef says he's weaning off delivery apps like DoorDash and Uber Eats because of 2 big downsides. Here's what he's doing instead.
Maryland chef and restaurant owner Tony Marciante said food-delivery apps like DoorDash and Uber Ea…
Kelsey Vlamis
2 mins read
Red Lobster superfans desperately want a piece of the bankrupt chain
The company in charge of auctioning off items from 52 shuttered Red Lobster locations had hundreds …
Grace Eliza Goodwin
1 min read
Walmart just opened two new Neighborhood Markets with a larger layout. Take a look.
Walmart has opened the first two of more than 150 new or up-sized locations it has planned for the …
Dominick Reuter
2 mins read
Ozempic users will soon get their own heat-and-eat meals
Nestlé's new line of frozen foods, under the brand Vital Pursuit, will cater to users of Wegovy, Oz…
Alex Bitter
2 mins read
Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
Red Lobster's new CEO questioned the company's purchasing processes, including from its owner and s…
Meghan Morris
1 min read
Wendy's joins McDonald's in announcing a new value meal as the fast food wars heat up
The lower-price deal comes as customers are increasingly frustrated by rising fast-food prices.
Alexandra Bacon
2 mins read
Elon Musk is mourning Red Lobster's bankruptcy too
The seafood restaurant chain said on Sunday that it had filed for bankruptcy.
Kwan Wei Kevin Tan
1 min read
Red Lobster just filed for bankruptcy but it's not going to disappear
Red Lobster announced it was filing for Chapter 11 bankruptcy protection but said its restaurants w…
Pete Syme
4 mins read
Walmart's latest power move leaves some employees in limbo
Walmart's return-to-office mandate isn't just another big company reversing pandemic-era remote wor…
Dominick Reuter,Tim Paradis
2 mins read
Zyn, America's favorite nicotine pouch, is running out of stock in some states
Some smoke shops in New York told Bloomberg they're out of the $5 pouches. The company's CFO acknow…
Shubhangi Goel
7 mins read
Rich Chinese millennials are creating new status symbols. Here are 11 ways they are redefining luxury.
Solo travel, pre-loved luxury fashion, and fine dining are all gaining popularity with this affluen…
Alexandra Bacon
4 mins read
Target's Pride looks a lot different after last year's backlash — and some LGBTQ+ insiders are disappointed
Three designers featured prominently in prior years' Target Pride collections say the brand isn't d…
Dominick Reuter
2 mins read
Walmart is finding its groove — and that should terrify Target
Walmart keeps posting strong earnings thanks to its revamped stores, growing product selection, and…
Dominick Reuter
1 min read
Uber wants to conquer the suburbs and it's starting with Costco
Uber has new perks for Costco lovers, from delivery of groceries and merchandise on Uber Eats to di…
Dominick Reuter
2 mins read
Customers are already calling the McDonald's $5 meal deal 'skimpy'
McDonald's plans to offer a $5 meal — a sandwich, nuggets, fries, and a drink — for a m…
Alex Bitter
3 mins read
I tried Target's new paid membership program. I see how some shoppers could save hundreds of dollars using it, but I thought it was a waste.
I tried Target 360, the new paid membership program that offers unlimited same-day delivery on orde…
Jamie Killin
2 mins read
Laid-off Red Lobster workers vent online after 50 locations abruptly close
More than 50 Red Lobster restaurants in the US closed this week amid financial troubles at the comp…
Grace Dean
7 mins read
Peloton's demise is another in a long line of failed fitness fads
The at-home cycling company was riding high during the pandemic. What went wrong?
Emily Stewart
1 min read
Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ
Red Lobster could file for Chapter 11 bankruptcy protection in Orlando in May. The company's financ…
Hannah Getahun
2 mins read
Red Lobster is closing down over 50 locations, and everything must go
Red Lobster is closing over 50 locations across the US, per restaurant liquidator TAGeX Brands. Loc…
Hannah Getahun
1 min read
John Deere dealership says a solar storm left GPS tracking on farmers' tractors 'extremely compromised'
The severe geomagnetic storm that hit over the weekend scrambled some GPS-powered farm equipment, a…
Ana Altchek
5 mins read
Walmart CEO Doug McMillon shares 3 tips for success in work and life
Walmart's Doug McMillon shared three pieces of advice for new graduates, and revealed a mistake tha…
Dominick Reuter
2 mins read
Sweetgreen is selling steak for the first time, and it hopes the pricey add-on will bring protein-hungry customers in for dinner
The caramelized garlic steak is Sweetgreen's priciest protein, and its CEO said customers are hungr…