Retail

What's new in the retail and restaurant sectors.

EuropeBernard Arnault crown jewel opens its archives to reveal the world’s first lipstick, first perfume—and Queen Elizabeth II’s private stash
BYThomas Adamson and The Associated Press
CommentaryThe CEO behind the success of Lululemon and Reebok: ‘A reckoning is coming as Gen Zers hold retailers accountable for single-use plastics’
BYBob Meers
RetailThe struggling toymaker behind Dungeons & Dragons and Play-Doh is banking on middle-aged shoppers as the ‘heart and soul’ of its business
BYPrarthana Prakash
RetailThere’s now proof of the loneliness epidemic and how COVID devastated dating—a drop in Signet engagement ring sales
BYRachel Shin
CommentaryA handful of companies have the power to save the oceans. Here’s why we’re urging them to reinvent our land-based food systems
BYEllen MacArthur and Wendy Schmidt
RetailShares in one-time meme stock darling GameStop plunge 20% after firing its CEO and reporting lackluster sales amid a struggle to revive its stores
BYCecilia D'Anastasio and Bloomberg
RetailCriminal plot to sell ‘Frankenstein’ fake Speedmaster watch for a record $3 million was aided by Omega employees, watchmaker says
BYEleanor Pringle
CommentaryBrands that get caught up in the culture wars don’t know themselves–or their customers
BYRichard Torrenzano
CommentaryThe ‘Elon Paradox’: He sells Teslas–but you’d expect him to drive a Ram. Here’s what your car says about your politics
BYMike Shannon and Will Feltus
RetailBud Light only has a few months to prevent sustained market share loss, warns former Anheuser-Busch sales exec
BYChristiaan Hetzner
RetailLululemon 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’
BYEleanor Pringle
MagazineCan home shopping become cool? Qurate CEO David Rawlinson wants to bring QVC and HSN into the streaming era
BYPaolo Confino
RetailBig companies from PepsiCo to General Motors are still backing Pride events even after Target and Bud Light face anti-LGBTQ+ backlash
BYDee-Ann Durbin, Anne D'Innocenzio, and others
EuropeBeverly Hills isn’t so luxury obsessed after all. Voters there just turned their noses up to a new chic hotel from billionaire Bernard Arnault
BYJohn Gittelsohn and Bloomberg
RetailFord says some Lincoln SUVs should only be parked outdoors because they can catch fire—even with the engine off
BYThe Associated Press
RetailAs job market soars, major U.S. retailers are predicting recession amid surprise consumer pullback
BYChristiaan Hetzner
RetailChinese consumers are flocking back to high-end goods as Lululemon reports a 79% jump in China sales
BYPrarthana Prakash
EuropeFrom firing 9,000 people after a buyout to earning the nickname ‘The Terminator,’ this is how LVMH CEO Bernard Arnault made his money
BYOrianna Rosa Royle
RetailTop 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
BYPrarthana Prakash
Retail‘Listen to your employees’: Amazon workers walk off the job to protest climate and return-to-the-office policies amid massive layoffs
BYMatt Day, Spencer Soper, and others
EuropeYeezys go back on sale as Adidas liquidates its inventory after Kanye West debacle
BYChris Morris
FinanceAmazon headquarters workers set to walk out over layoffs and return-to-office mandate
BYEd Komenda and The Associated Press
CommentaryU.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
BYChristy Hoffman
RetailHere’s what’s open (and closed) on Memorial Day 2023
BYChris Morris
RetailIndiana funeral director pleads guilty to 40 counts of theft after he just didn’t bury or cremate dozens of bodies
BYThe Associated Press
RetailBaby eels are so valuable to Asian companies that Maine fishermen get $2,000 per pound for them
BYPatrick Whittle and The Associated Press
RetailGen Z and millennials aren’t just rebelling by swapping meals for snacks—they want something ‘experiential’ for TikTok, Oreo’s analytics chief says
BYPrarthana Prakash
RetailTarget’s CEO denounces customers who threaten employees over LGBTQ-themed products: ‘It has been gut-wrenching to see’
BYBrendan Case and Bloomberg
CommentaryTech giants have gutted publishing. Now digital fatigue is giving print a new lease on life
BYDavid Miller
RetailStarbucks is switching to nugget ice
BYChris Morris

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