New York CNN Business — Self-service payment arrived in the late 1980s in supermarkets. A decade later, it began to spread to large chains and pharmacies. Today, self-checkouts, loved by some and hated by others, have made their way into discount clothing stores and department stores. Kohl’s (KSS) is testing self-service payment terminals in a …
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 …
New York CNN Business — When Christine Martinez found out last month that Kroger and Albertsons were planning to merge in a deal worth nearly $25 billion, she thought, “here we go again.” Martinez lost her job as a pharmacy technician following an earlier supermarket mega-merger: Albertsons’ $9 billion combination with Safeway in 2014. That …
There’s a big problem with the Kroger-Albertsons supermarket merger | CNN Business Read More »
New York CNN Business — So once again the nation and its economy are facing the risk of a massive freight railway strike, this one as early as December 9th. But the one thing you don’t have to worry about is whether it will affect your holiday shopping. plans. (This will not be the case.) …
New York CNN Business — Over the past year, while some meat prices have fallen, chicken prices have remained stubbornly high. High demand, supply issues and even breeding issues with underperforming roosters kept the pressure on. The supply shortage has even prompted some restaurants, like Wingstop, to experiment with less popular items like thighs. But …
New York CNN Business — Much of Twitter’s ad sales team has been fired or expelled. Major companies from General Mills to Macy’s have suspended advertising on the platform, and others have potentially followed suit after new owner Elon Musk’s decision to restore former President Donald Trump’s account and… other controversial personalities. And any cursory …
New York CNN Business — Much of Twitter’s ad sales team has been fired or expelled. Major companies from General Mills to Macy’s have suspended advertising on the platform, and others have potentially followed suit after new owner Elon Musk’s decision to restore former President Donald Trump’s account and… other controversial personalities. And any cursory …
Minneapolis CNN Business — US shoppers spent more in October, showing continued resilience amid still-high inflation and an early start to the holiday shopping season. US retail sales rose 1.3% in October, the Census Bureau reported Wednesday. It’s the biggest monthly gain since February and better than 1% economists had expected. consumer spending was flat …
