RECENT News
Retail News
Covering the latest news in the retail industry
Headlines
Indie Game Developer Humble Games Lets Go of All Employees Amid ‘Restructuring’
Indie game developer company Humble Games has just announced it will be needing to restructure and perform layoffs of its staff.
Alphabet Inc. Releases Second-Quarter Results
Alphabet Inc. has reported its financial results for Q2 2024, sharing high and positive performance across all of its divisions.
Tesla Profits Continue To Shrink
Partially due to increased competition, Tesla’s Q2 profits dropped by 40% year-over-year.
Best Buy Revamps Brand, Complete With a ‘Spokeshologram’
Electronics retailer Best Buy announced Tuesday that it is revamping its branding with a new tagline, changes to its look, and an advertising “spokeshologram.”
Firehouse Subs May Be Closing 3 More Locations as New Menu Deal Debuts
Firehouse Subs has announced a new meal deal amidst increasing closures.
Taco Bell’s Cheesy Street Chalupas Are Getting Mixed Reviews. Here’s Why
Taco Bell’s new menu item isn’t getting the reception the company thought it would get.
FTC Makes Moves To Stop ‘Surveillance Pricing’
The Federal Trade Commission (FTC) has recently launched an investigation into what they call “surveillance pricing,” which is a practice where companies use artificial intelligence to “charge different customers, different…
Walmart Will Pay $2.5M for Class-Action COVID Settlement
A federal judge signed off on the order against Walmart.
Wendy’s Enters the Fast-Food Wars With the $1 Honey Buddy Sandwich
The Wendy’s $1 Honey Buddy sandwich is only available for a limited time.
Wiz Rejects Historic Bid From Google
Following Google’s bid to buy the tech company, Israeli cybersecurity firm Wiz rejected the monumental $23 billion acquisition offer from Google’s parent company Alphabet.
South Korean Kakao Founder Accused of Manipulating K-Pop Agency Stock
Kim Beom-su, the founder of Kakao Corp., has been arrested in South Korea for allegedly manipulating stock prices during Kakao’s acquisition of a major K-pop agency, SM Entertainment.
List of Big Lots Store Closures Expands
Big Lots has announced plans to close additional stores due to financial challenges exacerbated by a tough economic environment, including high inflation impacting consumer spending.
Coca-Cola Releases Full Second-Quarter Financial Reports
Today, The Coca-Cola Company reported its complete and detailed second-quarter 2024 financial results.
Elon Musk: Tesla Will Use Humanoid Robots Starting Next Year
Tesla chief Elon Musk announced in a social media post on Monday that the electric car company will have “genuinely useful humanoid robots in low production for Tesla internal use…
Spotify Reports Record Profit, Premium Subscriber Growth
Audio-streaming giant Spotify reported a record quarterly profit on Tuesday that came in a bit ahead of analyst expectations on a record number of paid subscribers.
Krispy Kreme Sold Its Majority Ownership of Insomnia Cookies. Here’s Why
Krispy Kreme sold off its majority ownership of Insomnia Cookies.
Chick-fil-A Fans Demand Nationwide ‘Tropical’ Menu Items
Chick-fil-A customers have discovered that there are “tropical” themed menu items available in only one restaurant nationwide, and they want to try them.
Dunkin’ National Drive-Thru Day Offerings Are Here
Dunkin has announced its National Drive-Thru Day offerings, and they range from free doughnuts to free Padres tickets.
Burger King Revamps Whopper in Latest McDonald’s Competition Bid
Burger King is trying to catch up to the other fast-food chains.
Google Cancels Plans To Eliminate Third-Party Cookies
Google has announced its decision to abandon plans to eliminate and replace third-party cookies in its Chrome browser, a move crucial for advertisers to track users across websites for targeted…
Korean Air Buys Up to 50 Boeing Jets
Korean Air has announced plans to purchase up to 50 Boeing widebody aircraft.
McDonald’s $5 Meal Deal Continues
McDonald’s will extend its $5 Meal Deal across nearly all U.S. locations through August due to strong customer demand amid rising food prices.
Verizon’s Postpaid Subscribers Offer Bright Spot as Company Misses Q2 Revenue Estimates
Verizon Communications missed quarterly revenue estimates on Monday as more cost-conscious customers decided to hold on to their phones longer, overshadowing monthly billing subscriber growth.
Delta Cancels More Flights as It Slowly Restores Operations After Tech Outage
Hundreds of U.S. flights were canceled early Monday, with carrier Delta Air Lines struggling the most to recover from a global tech outage that started Friday, according to numerous reports.
Microsoft Releases CrowdStrike Recovery Tool To Fix 8.5M Windows Devices
Microsoft has introduced a new recovery tool, KB5042429, aimed at resolving the issues caused by the CrowdStrike Falcon agent that impacted 8.5 million Windows devices on Friday.
In-N-Out Owner Slams Viral Video of Non-Existent ‘Monkey Style’ Burger
In-N-Out Burger has been the subject of a viral TikTok trend, and the owner of the popular fast-food restaurant has had enough of the monkeying around.
Discussions
