Retail industry
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World
‘A lot of Costco love’ — How the warehouse retailer became a staple of Asian America
Durian at a Costco Wholesale location in Woodland Hills, California. April 24, 2022. Wendy Leung Wendy Leung rarely saw durian…
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World
Rapid grocery delivery boom comes to a grinding halt as Getir, Gorillas slash jobs
Fears of an impending recession are forcing rapid grocery delivery companies to slam the brakes on growth. This week, two…
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World
McDonald’s shareholders to vote on proxy fight with Carl Icahn over animal welfare practices
Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett |…
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World
Under Armour CEO Patrik Frisk to step down, interim chief will take over June 1
Patrik Frisk, recently appointed Chief Executive Officer Of Under Armour, speaks at the 2020 Under Armour Human Performance Summit on…
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World
Here’s what Walmart, Target, Home Depot and Lowe’s tell us about the state of the American consumer
How well is the American consumer holding up against sky-high inflation? It depends on whom you ask. Four major retailers…
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World
Shares of Shopee-owner Sea surge 14% after stronger-than-expected revenue
Singapore, Singapore – 2021: A large Shopee logo at the entrance to the e-commerce platform’s headquarters at Science Park. (Exact…
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World
Stock futures rise slightly as Wall Street looks to build on recent rebound
U.S. stock futures moved modestly higher on Tuesday evening as investors looked to build on a solid rally. Futures for…
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World
Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on record; shares pop 8%
Chinese e-commerce giant JD.com posted its slowest quarterly revenue growth on record for the first three months of the year,…
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World
Uber CEO tells staff company will cut down on costs, treat hiring as a ‘privilege’
Uber will cut back on spending and focus on becoming a leaner business to address a “seismic shift” in investor…
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