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Retail News
Covering the latest news in the retail industry
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AT&T Releases Details of Breached Data
This past April, AT&T discovered that there was a data breach in one of its workspaces through a third-party cloud platform. Proper and necessary steps were then taken immediately afterward
Paqui One Chip Challenge Lawsuit: What We Know
The Paqui One Chip Challenge was a viral social media sensation.
TX Grocery Store Gets Bullet Vending Machine
Texas is the latest state to get a bullet vending machine.
Spotify Launches New Comments Feature To Tackle Longstanding Moderation Issues
This week, Spotify has launched a new feature allowing comments on podcasts to address ongoing moderation challenges.
CDK Global Resolved the Auto Dealer Outage by Reportedly Paying a $25 Million Ransom
According to sources familiar with the matter, CDK Global, a software company backing car dealerships across the U.S., seems to have paid a $25 million ransom to resolve the cyberattack…
BMW Recalls 390,000 Vehicles With Airbags That Could Explode
The faulty inflators could expel sharp metal fragments.
Shoppers Win as JCPenney Debuts Deep Discounts for Back-to-School Deals
JCPenney has announced its lineup of back-to-school deals and events, and there are wins aplenty for America’s diverse working families as the company invests in its customers.
Citigroup Gets Fined by US Regulators
Regulators imposed a $136 million fine on Citigroup for ongoing deficiencies in controls and risk management.
Limited-Edition Twinkies Arrive From Hostess and 7-Eleven
J.M. Smucker Co. has teamed up with 7-Eleven to introduce limited-edition cherry-flavored Hostess Twinkies for the first time.
Apple TV+ Releases Show on Deadly AI Following Apple Intelligence Launch
One of the latest series released by Apple TV+ called “Sunny,” starring Rashida Jones, provides a humorous yet unsettling take on a near future where people deal with the darker…
MOD Pizza Acquired by Elite Restaurant Group To Prevent Bankruptcy
Several months following the closure of underperforming locations, MOD Pizza has finalized a transaction aimed at steering clear of bankruptcy, a step the chain was reportedly hesitant about.
Walmart Explains Next Phase of Technological Transformation
Walmart is constructing five new high-tech perishable distribution centers to advance its grocery network.
Elon Musk Seeks More Neuralink Test Subjects
Neuralink has announced that it is seeking new test subjects for its brain implantation despite the issues the company experienced with its first test subject.
Big Lots Potential Bankruptcy: What We Know
Big Lots is considering a bankruptcy protection as experts believe the store cannot survive.
Costco’s Membership Fee Increases
Costco is increasing its membership fees for the first time since 2017.
Samsung Union Workers Go on Indefinite Strike
The union disagrees with management over pay and working policies.
NGL App Unfairly Marketed to Kids and Teens, Says FTC Ruling
The FTC took action against NGL Labs, the creator of the popular anonymous messaging app.
The Mirage Casino To Give Away $1.6 Million in Prizes
Due to its upcoming closure, The Mirage casino in Las Vegas has been mandated by Nevada regulations to distribute $1.6 million in unclaimed progressive jackpots before it closes.
Krispy Kreme Announces 87th Birthday Promo
Krispy Kreme is celebrating its 87th anniversary by offering a dozen glazed doughnuts for just 87 cents on Friday, July 12.
Walmart Faces a Class-Action Lawsuit Due to Inaccurate Price Labels
Walmart faces a class-action lawsuit following a ruling by the 7th U.S. Circuit Court of Appeals in Chicago on July 3.
Tesla’s Market Share Dips Below 50% for the First Time
Tesla’s share of the U.S. electric vehicle market fell below 50% for the first time in the second quarter, dropping to 49.7% from 59.3% a year earlier.
Kroger-Albertsons Merger Threatens Hundreds of Stores Nationwide
The Kroger-Albertson merger has not yet been finalized, but the list of stores planned to be divested has been revealed.
Uber for Teens Has Re-Sparked the Longstanding Debate About Fingerprinting Drivers
Seven years ago in California, Uber and Lyft successfully opposed a proposal to mandate fingerprinting for ride-hailing app drivers. However, the recent introduction of Uber for Teens earlier this year…
Over 1,300 US Stores Are Set To Close This Year
According to a recent Business Insider compilation of reports from nine retail chains, over 1,330 stores across the U.S. have either closed or are scheduled to close in 2024.
Athletic Brewing $50M Equity Round: What We Know
The Athletic Brewing Company is the largest non-alcoholic beer company in the United States.
Starbucks Introduces a Reusable, Returnable Cup in a City-Wide Test
The company continues its environmental promise of giving more than it takes.
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