retail

Coca-Cola is looking into a new market (Pepsi is already there)

Coca-Cola is looking into a new market (Pepsi is already there)

For decades Coca-Cola (IS) – Get a free report and PepsiCo (DYNAMISM) – Get a free report fought over which one tasted the best cola. This led to the famous “Pepsi Challenge” marketing campaign, which began in 1975 and has been used periodically since then. The principle was simple. People were asked to taste both …

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Morphe Cosmetics is closing all retail stores in the United States.  Employees say they've been left in the dark for weeks.

Morphe Cosmetics is closing all retail stores in the United States. Employees say they’ve been left in the dark for weeks.

Morphe Cosmetics, a makeup brand once synonymous with YouTube beauty culture, confirmed on Thursday that it is to extinguish all of its U.S. stores — a move that shocked its employees, outraged customers and left some pundits wondering about the brand’s future. The news comes after a handful of company employees took to TikTok over …

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Asia Pacific Markets, Fed Minutes, Inflation, PMI, Singapore Retail, Caixin Services

Asia Pacific Markets, Fed Minutes, Inflation, PMI, Singapore Retail, Caixin Services

Singapore’s annualized retail sales for November rise at a slower pace Singapore’s retail sales rose 6.2% in November from a year ago, less than the 10.3% growth recorded in October, according to the latest figures released by the Statistics Department. The reading marked an easing from the past seven consecutive months of double-digit annualized growth. …

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Asia Pacific Markets, Fed Minutes, Inflation, PMI, Singapore Retail, Caixin Services

Asia Pacific Markets, Fed Minutes, Inflation, PMI, Singapore Retail, Caixin Services

Oil prices rebound after two days of decline in China’s pent-up travel demand Oil prices climbed more than 1% after two days of declines as China’s reopening added optimism for an economic rebound and support for demand. Brent crude futures rose 1.08% to $78.68 a barrel, while US West Texas Intermediate futures gained 1.19% to …

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New Year's opening hours for grocery and retail stores: stores close early on New Year's Eve

New Year’s opening hours for grocery and retail stores: stores close early on New Year’s Eve

Many grocery stores, pharmacies, malls, and large retail chains have special holiday hours for New Year’s Eve (12/31/22) and New Year’s Day (1/1/23). Here is a list of hours for our local stores, some of which are closed all day on January 1, 2023. Store hours may vary within the same chain. Your best bet …

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'Agonizing': United Furniture owner quietly surfaces after laying off 2,700 people overnight

‘Agonizing’: United Furniture owner quietly surfaces after laying off 2,700 people overnight

The owner of United Furniture Industries, who abruptly laid off all of his 2,700 employees in a single night last month, quietly helped wind up the company – with some insiders saying he was trying to ” save face” after the bloodbath, The La Poste has learned. David Belford – a wealthy Ohio businessman who …

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Christmas hours for grocery and retail stores: many stores close early on 12/24

Christmas hours for grocery and retail stores: many stores close early on 12/24

Most businesses close early on Christmas Eve and are completely closed on Christmas Day, but some grocery stores, convenience stores and restaurants are open on December 25 this year. Below is a list of locations in case you need to make a last minute trip to the store. Times may vary within the same chain. …

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Live stock market news updates: Stocks plunge as rate hikes rock markets, retail sales miss

Live stock market news updates: Stocks plunge as rate hikes rock markets, retail sales miss

U.S. stocks fell on Thursday as Wall Street reeled from another big rate hike by Federal Reserve officials and weighed similar moves from monetary policymakers across the Atlantic. A disappointing reading on consumer spending also weighed on sentiment. The European Central Bank and the Bank of England followed the lead of the US Fed by …

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Who are the avid beaver party buyers without being bothered by inflation?  Generation Z |  CNN Business

Who are the avid beaver party buyers without being bothered by inflation? Generation Z | CNN Business

New York CNN Business — There’s at least one group of shoppers who are enthusiastically hitting the malls this holiday season — and they don’t seem too bothered by the pesky inflation eating away at their discretionary dollars. They’re Gen Z. And how they buy matters. This cohort of consumers born between 1997 and 2012 …

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