Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with their own rising costs. Lower-cost oatmeal, pickles, granola bars...
Tag: Retail
Bed Bath & Beyond Followed a Winning Playbook—and Lost
Mark Tritton arrived at Bed Bath & Beyond in 2019 with a plan to revive the home-goods retailer and ward off competition from Amazon.com Inc., Target Corp. and other large chains: sell what nobody...
JP Morgan Reports: Rising Demand Among Retail Traders Despite Heavy Liquidations – Coinpedia – Fintech & Cryptocurreny News Media
Things seem to be taking a turn for the better for ordinary cryptocurrency investors as massive liquidations continue across exchanges. Analysts believe that the extreme selling pressure that dominate...
Fed can’t stop hiking interest rates even if there is a recession, former top central banker says
The Federal Reserve has to emulate Mario Draghi and do “whatever it takes” to bring inflation down and that means continuing to raise interest rates even if there is a recession, said former Richmond ...
What Happens When Brands Lose Their Visions
Bed, Bath & Beyond’s Disaster: What Happens When Brands Lose Their Visions Shutterstock The long, sad saga of Bed Bath & Beyond’s slide from innovative retailer to struggling also-ram is an ob...
Crypto Retail Demand Improving, JPMorgan Says – Coast Is Clear?
Analysts at JPMorgan now assert that optimism among individual investors in cryptocurrencies is on the rise, with a brighter market forecast following extreme downturns. JPMorgan revealed in a researc...
JPMorgan Sees Retail Demand Improving, Ending ‘Intense Phase’ of Deleveraging
JPMorgan Chase & Co. (JPM), a US investment banking giant, issued a report on Thursday stating that demand among retail investors in the crypto market is improving. The report further said that th...
Retail Crypto Trade “Improving” Amid High Liquidations
Even as huge liquidations continue across exchanges, things just appear to be starting to ease for retail crypto investors. Market analysts opine that the intense selling pressure experienced over the...
Supermarkets Announce Discounted Meal Deals As Cost Of Living Crisis Continues To Bite
Major grocery retailers have been announcing discounts and offers as part of a government campaign … [+] to help consumers. Asda launched a Kids Eat for £1 offer. Any young person up to the age ...
How Amazon’s $3.9 billion wager on primary care could change your Prime membership
Amazon’s AMZN, +1.52% $3.9 billion acquisition of One Medical ONEM, +69.45% is the e-commerce giant’s biggest bet on healthcare to date, and it hints at a future in which primary care and streaming op...
Vauld, Singapore’s crypto lender, owes retail investors US$363M –
Crypto lending platform Vauld owes creditors US$402 90% of the debt is owed to individual investors Vauld, a Singapore based crypto lending platform owes creditors US$402 million. On July 8, the co-f...
Retail crypto trading is ‘improving’ after ‘extreme phase of backwardation’
After months of extended corrections, the crypto market has made slight gains, with the global market capitalisation surpassing the $1 trillion mark. Consequently, investors are monitoring the market ...
Amazon’s ginormous retail business is being priced at ‘virtually zero value,’ making the stock ‘attractive’: Analyst
Amazon’s stock has been punished to the point where the public valuation no longer makes sense when stacked up alongside the tech giant’s future financial potential. That’s the good ...
New Whole Foods CEO Wants To ‘Reconnect’ To Company’s Heritage
Speaking at The Wall Street Journal’s Global Food Forum, Jason Buechel said one of his goals as the next CEO of Whole Foods MarketWFM is “to reconnect to many parts of our heritage as a company.” Some...
Don’t Bet On President Biden’s Promises That Oil Prices Will Drop
WASHINGTON, DC – Prices for gas at an Exxon gas station on Capitol Hill in Washington, DC. The cost … [+] of gasoline has dropped recently on fears of a recession. (Photo by Win McNamee/Ge...
Yumi Makes Its First Move Into Nationwide Retail With Target
Yumi is launching nationwide into Target. Courtesy of Yumi Leading children’s nutrition and food sciences company, Yumi, has made their first move into retail as they launch nationwide in every Target...
A Cold Snap For Interiors? Made.Com Warns Of Job Cuts And Issues Further Profit Warning
Balancing the books: Today online furniture retailer Made.com has announced it is having to cut … [+] revenue and has warned of job cuts. The cost of living crisis has seen many consumers reduce...
Economic Turmoil Exposes Retail Industry’s Knee-Jerk Tactics
Economic Turmoil Exposes Retail Industry’s Knee-Jerk Tactics getty The fallout from two years of economic volatility, and now a developing recession, is forcing leading retailers to come to terms with...
Retail Agonizes About Trade Provisions
American flag in the center of circuit board, Artificial intelligence of digital illustration getty Americans know about having chips on the line – but Congress seems hell-bent on disconnecting ...
Celsius Bankruptcy Filings Hint Retail Customers Will Bear Brunt of Its Failure
Liquidity-strapped crypto lender Celsius Network filed for Chapter 11 bankruptcy protection in the Southern District of New York on Wednesday, more than a month after it halted customer withdrawals be...
All Jobs Businesses Cut in Pandemic Are Back, but Not Where They Were Lost
Private-sector payrolls exceeded prepandemic levels in June, taking just over two years to close a 21 million job gap that was created in the spring of 2020 and reshaping the labor market in the proce...
Expect gas prices to drop to $4 a gallon soon, Biden energy adviser says
After peaking above a record $5 a gallon in June, U.S. gas prices should continue to fall in the coming weeks, a top White House energy adviser said Sunday, predicting prices around $4 a gallon, on av...
Opinion: The cloud boom is coming back to earth, and that could be scary for tech stocks
Cloud computing is widely viewed as a recession-resistant business, but the theory has not really been tested since cloud-service providers have not experienced a major economic downturn since becomin...