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
Mastercard launches tech that lets you pay with your face or hand in stores
Mastercard’s biometric checkout technology lets users pay by scanning their face or palm. Mastercard Mastercard is piloting new technology that…
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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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