Shoppers rush to buy electric vehicles as a $7,500 tax credit nears expiration. At the Orange County Auto Show, interest in EVs is at an all-time high as consumers seek to capitalize on savings.
Starbucks announces a significant shift with plans to close 1% of its North American stores and lay off 900 employees as part of a $1 billion restructuring. This move reflects changing consumer habits and increasing competition in the coffee market.
In a surprising twist, Michelob Ultra has overtaken Modelo Especial as the best-selling beer in the U.S., marking a significant turnaround for AB InBev amid economic challenges for Constellation Brands.
This holiday season, U.S. spending is expected to drop 5%, largely due to Gen Z's 23% cutback. Households are prioritizing value as economic uncertainty looms, reshaping shopping habits.
Apple has raised the monthly subscription price for Apple TV+ from $9.99 to $12.99, citing increased content costs and market pressures. Existing subscribers will see the change in their next billing cycle. Despite popular shows, Apple TV+ may still be facing financial losses.
In a surprising move, Ulta Beauty and Target announced the end of their partnership that brought Ulta shops to Target stores by 2026. This decision has led to a drop in Target's stock as the retailer struggles with sales and market share.
Starbucks reported disappointing earnings, with same-store sales declining for the fifth consecutive quarter. However, CEO Brian Niccol claims the company's 'Back to Starbucks' strategy is starting to show promise. Discover the details behind the numbers!
Fast-food giants like Chick-fil-A and Taco Bell are revolutionizing their menus with vibrant, trendy drinks to attract younger consumers. From exotic flavors to unique mashups, discover how these chains are reshaping beverage offerings.
Forever 21 is winding down operations and seeking a buyer as it faces bankruptcy. With stores hosting liquidation sales and hundreds of layoffs, the brand struggles amid a retail crisis. Find out what's next for this iconic retailer!
PepsiCo has announced its $1.95 billion acquisition of Poppi, a fast-growing prebiotic soda brand. This move aims to capture the rising demand for health-focused beverages, as Poppi's co-founder expresses excitement for the brand's future.
