In many cases, when a brand buys one of its rivals, it tends to eliminate any trace of that former competitor. That can happen even when the buyer promises to …
Politics
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As a kid, my parents had strict, somewhat arbitrary rules about sugary cereal that now look a lot more like early versions of a national food debate. The government has …
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McDonald’s has arguably worked harder than its fast food rivals Wendy’s and Burger King to lean into value. The chain, which was once known for its $1 Menu, noticed that …
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Restaurant chains have faced financial distress caused by rising costs driven by inflation since the end of the Covid-19 pandemic. Rising inflation led to a 35% increase in labor and …
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AT&T continues to see elevated customer losses in its wireless business, despite recent efforts to reverse this trend. As the carrier navigates rising competition, it is dropping a new phone …
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Politics
After bankruptcy shutdown, big retail name makes brick-and-mortar comeback
by adminby adminFor many shoppers, Bed Bath & Beyond was once the place to buy almost everything for a home. It was where college students picked up dorm essentials, couples built wedding …
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Once a company gets placed into a receivership, the owners lose control and, in most cases, the decisions made benefit creditors first. “A receivership was traditionally intended to help creditors …
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Target gave investors a better profit outlook after its latest quarter, yet Bank of America is still taking a cautious view on the stock as the retailer works through a …
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While Netflix has operated primarily as a streaming service, it has also dipped into other areas of business. That has included forays into gaming, retail, and live experiences. These include, …
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Politics
Amazon explores ‘The Apprentice’ reboot with Trump Jr set for promotion: report
by adminby adminWith President Donald Trump “hired” by the American people for a second term, Amazon — which now owns production rights to NBC’s “The Apprentice” — is looking for a new …