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Retail
What's new in the retail and restaurant sectors.
Europe
Bernard Arnault crown jewel opens its archives to reveal the world’s first lipstick, first perfume—and Queen Elizabeth II’s private stash
BY
Thomas Adamson
and
The Associated Press
Commentary
The CEO behind the success of Lululemon and Reebok: ‘A reckoning is coming as Gen Zers hold retailers accountable for single-use plastics’
BY
Bob Meers
Retail
The struggling toymaker behind Dungeons & Dragons and Play-Doh is banking on middle-aged shoppers as the ‘heart and soul’ of its business
BY
Prarthana Prakash
Retail
There’s now proof of the loneliness epidemic and how COVID devastated dating—a drop in Signet engagement ring sales
BY
Rachel Shin
Commentary
A handful of companies have the power to save the oceans. Here’s why we’re urging them to reinvent our land-based food systems
BY
Ellen MacArthur
and
Wendy Schmidt
Retail
Shares in one-time meme stock darling GameStop plunge 20% after firing its CEO and reporting lackluster sales amid a struggle to revive its stores
BY
Cecilia D'Anastasio
and
Bloomberg
Retail
Criminal plot to sell ‘Frankenstein’ fake Speedmaster watch for a record $3 million was aided by Omega employees, watchmaker says
BY
Eleanor Pringle
Commentary
Brands that get caught up in the culture wars don’t know themselves–or their customers
BY
Richard Torrenzano
Commentary
The ‘Elon Paradox’: He sells Teslas–but you’d expect him to drive a Ram. Here’s what your car says about your politics
BY
Mike Shannon
and
Will Feltus
Retail
Bud Light only has a few months to prevent sustained market share loss, warns former Anheuser-Busch sales exec
BY
Christiaan Hetzner
Retail
Lululemon CEO stands by decision to sack staff for chasing thieves out of a store—and would do it again in the name of safety: ‘It’s only merchandise’
BY
Eleanor Pringle
Magazine
Can home shopping become cool? Qurate CEO David Rawlinson wants to bring QVC and HSN into the streaming era
BY
Paolo Confino
Retail
Big companies from PepsiCo to General Motors are still backing Pride events even after Target and Bud Light face anti-LGBTQ+ backlash
BY
Dee-Ann Durbin
,
Anne D'Innocenzio
, and others
Europe
Beverly Hills isn’t so luxury obsessed after all. Voters there just turned their noses up to a new chic hotel from billionaire Bernard Arnault
BY
John Gittelsohn
and
Bloomberg
Retail
Ford says some Lincoln SUVs should only be parked outdoors because they can catch fire—even with the engine off
BY
The Associated Press
Retail
As job market soars, major U.S. retailers are predicting recession amid surprise consumer pullback
BY
Christiaan Hetzner
Retail
Chinese consumers are flocking back to high-end goods as Lululemon reports a 79% jump in China sales
BY
Prarthana Prakash
Europe
From firing 9,000 people after a buyout to earning the nickname ‘The Terminator,’ this is how LVMH CEO Bernard Arnault made his money
BY
Orianna Rosa Royle
Retail
Top publishing CEO says people are reading more because streaming services are too expensive: ‘You’d get 2 books every month’ for the cost of Netflix
BY
Prarthana Prakash
Retail
‘Listen to your employees’: Amazon workers walk off the job to protest climate and return-to-the-office policies amid massive layoffs
BY
Matt Day
,
Spencer Soper
, and others
Europe
Yeezys go back on sale as Adidas liquidates its inventory after Kanye West debacle
BY
Chris Morris
Finance
Amazon headquarters workers set to walk out over layoffs and return-to-office mandate
BY
Ed Komenda
and
The Associated Press
Commentary
U.S. employers have gone from opposing international labor standards to hiding behind them. Now a complaint is trying to stop U.S.-style union busting from taking over the world
BY
Christy Hoffman
Retail
Here’s what’s open (and closed) on Memorial Day 2023
BY
Chris Morris
Retail
Indiana funeral director pleads guilty to 40 counts of theft after he just didn’t bury or cremate dozens of bodies
BY
The Associated Press
Retail
Baby eels are so valuable to Asian companies that Maine fishermen get $2,000 per pound for them
BY
Patrick Whittle
and
The Associated Press
Retail
Gen Z and millennials aren’t just rebelling by swapping meals for snacks—they want something ‘experiential’ for TikTok, Oreo’s analytics chief says
BY
Prarthana Prakash
Retail
Target’s CEO denounces customers who threaten employees over LGBTQ-themed products: ‘It has been gut-wrenching to see’
BY
Brendan Case
and
Bloomberg
Commentary
Tech giants have gutted publishing. Now digital fatigue is giving print a new lease on life
BY
David Miller
Retail
Starbucks is switching to nugget ice
BY
Chris Morris
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Finance
The housing market is so broken that many 40- and 30-something millennials have no choice but to build homes in their...
BY
Jeff Kruth
,
Murali Paranandi
, and others
Features
Motorola ditched cell phones and found a lucrative second act. Now it’s one of tech’s biggest turnaround stories
BY
Stephen Gandel
Tech
Twitter cofounder Evan Williams says Elon Musk’s purchase of the company made him ‘sad’: ‘He’s brilliant. But no one’s...
BY
Chloe Taylor