Recent Stories
Starbucks union goes on strike in three cities
Members of Starbucks Workers United staged their first strike in 13 months Friday and plan an escalating strike between now and Christmas Eve in what would become the union’s largest work stoppage since the organizing campaign started at the coffee retailer three years ago.
Walgreens is in particularly awful shape
Drug stores around the United States are struggling. Especially Walgreens. Walgreens’ stock has plunged more than 80% over the past five years, ranking the company among the worst-performing stocks during that stretch. It’s closing 1,200 stores, roughly 15% of its locations. And now Walgreens is reportedly looking to escape the public market.
Macy’s is in deep trouble. It could be sitting on a gold mine
Macy’s would be more valuable if it just shut down its business and sold everything off for parts.
Walmart rolls back DEI programs after right-wing backlash
Walmart, the largest private employer in the United States, will curb some diversity, equity and inclusion (DEI) efforts. It’s the latest company to backtrack on diversity initiatives in the face of right-wing pressure, and its decisions will reverberate across corporate America.
Target sounds the alarm bell on holiday shopping
Target is expecting a surprisingly weak holiday shopping season, a potential warning sign for the retail industry.
Walmart keeps growing with shoppers making more than $100,000 a year
Walmart’s business is surging. Customers making more than $100,000 a year are fueling the growth.
Tropicana fans are ditching the brand after a bottle redesign
Tropicana customers are in revolt over an orange juice bottle redesign. Again.
McDonald’s customers are cutting back on fries. Its biggest supplier is cutting jobs
Americans are revolting against McDonald’s and fast-food chains. That’s hurting french fry suppliers like Lamb Weston.
Target slashed prices. It paid off
US consumers, strained by years of higher prices and elevated interest rates, are changing their shopping patterns. Americans are buying more at discount chains like Target and Walmart while dialing back spending at Macy’s and Lowe’s.
Harley-Davidson is dropping diversity initiatives after right-wing anti-DEI campaign
Tractor Supply Co. John Deere. Now Harley-Davidson. Harley-Davidson said Monday that it’s ending diversity and other progressive initiatives at the company. Harley-Davidson is the latest major American brand to backtrack from DEI policies it had supported in recent years.
