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Retail News
Covering the latest news in the retail industry
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Sizeable Starbucks Stake Snagged by Activist Investor Elliott. But Why?
Starbucks is the latest company that Elliott has thrown significant money behind.
McDonald’s in Japan Closes 30% of Stores Due to Systems Outage
It is not clear what caused the systems outages in the Japanese McDonald’s.
Panera Bread Is Trying To Offload Caribou Coffee & Einstein Bros. Bagels. Here’s Why
Panera Bread is trying to sell the two brands.
Del Taco Introduces Value Menu and Becomes No. 1 in the US
Del Taco has launched its new Del’s Real Deal Menu featuring 15 items, all priced at $2 and under.
Airline News: Delays, Exploding Cans, and Safety
Following the problems caused by the CrowdStrike software update affecting Microsoft systems, airlines are still reeling from the negative effects caused by the dilemma.
Disney Workers Prepare To Strike
On July 19, 2024, Disneyland Park cast members voted overwhelmingly, with 99% in favor, to authorize a potential strike organized by the Disney Workers Rising bargaining committee.
Swiss Luxury Watches Are Losing Secondhand Value
The secondary market for luxury timepieces by Rolex, Patek Philippe, and Audemars Piguet is experiencing declining prices due to high supply levels and economic uncertainties.
Krispy Kreme Gives Out Free Doughnuts After CrowdStrike Update
In response to the lingering problems from the CrowdStrike software update, Krispy Kreme gave out free doughnuts on Friday.
National Ice Cream Day 2024
National Ice Cream Day, celebrated every third Sunday in July, owes its existence to President Reagan, who, in 1984, designated this day to honor a treat enjoyed by over 90%…
Canada News: Retail Decline and Grocery Code of Conduct
In May, Canada’s retail sales fell by 0.8%, reversing a previous increase and surpassing expectations of a 0.6% drop.
NASA Ends VIPER Moon Rover Project
NASA announced it will discontinue the VIPER (Volatiles Investigating Polar Exploration Rover) project due to cost increases, delays, and risks of future cost growth.
Auction News: Stegosaurus Sets Record and Elvis Controversy
In the world of high-end auctions, there have been two recent developments gaining public interest.
Union of Flight Attendants and American Airlines Make Progress
The union of flight attendants, named the Association of Professional Flight Attendants, has struck a tentative deal with American Airlines and has agreed on pay raises that will be included…
Faulty CrowdStrike Software Update Cripples Many Major Companies
A global tech outage on Friday caused by a faulty software update from the cybersecurity firm CrowdStrike disrupted airports, Social Security offices, and jail operations, highlighting the fragility of the…
Ford Shifts Gears and Expands Super Duty Truck Production to Canada
Ford is expanding production of the F-Series Super Duty trucks by adding a third assembly plant in North America at the Oakville Assembly Complex in Ontario, Canada.
Google Pixel 9 Pro Gears Up for Full Release
Google has begun teasing its next-generation smart mobile phone device, the Pixel 9, which will have several models, including a Pro version and one with a folding screen.
PacSun and Pinterest Collaborate To Bring Back Baggy Fashion
PacSun has launched its “Better in Baggy” Fall campaign, highlighting the latest trends in denim with a focus on baggy fits.
Kentucky Motel Must Pay $2M After Guest Dies From 150-Degree Shower
The victim sustained second- and third-degree burns, causing him to spend months in the hospital.
Costco’s Emergency Food Bucket Is a Must-Have for Apocalypse-Minded Shoppers
The big-box store offers meal options for those looking to prep for any emergency.
Google Plans To Delete Apps and Make Other Updates
Google is enhancing its efforts to eliminate low-quality apps from the Play Store by updating its Spam and Minimum Functionality policy.
McDonald’s $5 Meal Deal Has Mixed Results, According to Experts
McDonald’s $5 Meal Deal, which was touted as an exciting addition to the summer menu, is seeing mixed results for the fast-food chain nationwide.
China Declares Plans To Focus on Domestic Economy
In response to rising geopolitical trade tensions, Chinese officials have emphasized focusing on internal economic stability and development.
The Return of Pan Am: What We Know
Pan Am is returning for a limited time as a pilot program for a potential new luxury airline.
Delta, United, & American Airlines Flights Grounded Due to Worldwide Communication Outage
Delta Air Lines, United Airlines, and American Airlines flights nationwide were grounded this morning due to a communication outage.
Major Changes Are Coming to Burger King. Here’s What They Are
Burger King is implementing major changes to its restaurants nationwide.
Olive Garden Owner Darden Restaurants To Buy Chuy’s for $605M
The Tex-Mex chain restaurant will be added to Darden’s large portfolio of brands.
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