https://auntresodamid.com/iJugHxINePLH1VY/96561

Breaking News: Business

Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags

Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags

Business News

Chipotle Mexican Grill and Coach store logos. Getty Images Chipotle and Cava pinned weaker sales on younger customers who are pulling back and packing lunches. But Gen Z shoppers are still spending on Coach handbags to bring to work — even if they’re skipping bowls and burritos. Coach’s parent company Tapestry raised its full-year outlook […]

Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags Read More »

AI startup Metropolis, biggest parking lot operator in U.S., raises .6 billion for major retail expansion

AI startup Metropolis, biggest parking lot operator in U.S., raises $1.6 billion for major retail expansion

Finance News

Metropolis, which uses AI and computer vision to identify vehicles and take parking lot payments without any physical transaction, has raised $1.6 billion in combined debt and equity in a new fundraising round at a $5 billion valuation. Already the largest parking lot operator in the U.S., handling more than 7% of licensed drivers (nearly

AI startup Metropolis, biggest parking lot operator in U.S., raises $1.6 billion for major retail expansion Read More »

DraftKings takes over ESPN sports betting partnership from Penn Entertainment

DraftKings takes over ESPN sports betting partnership from Penn Entertainment

Business News

The ESPN Bet logo on a laptop arranged in New York, US, on Thursday, Feb. 22, 2024.  Gabby Jones | Bloomberg | Getty Images Disney’s ESPN is swapping out its sports betting partner. In separate releases Thursday, the company said it was terminating its agreement with Penn Entertainment years earlier than planned and had signed

DraftKings takes over ESPN sports betting partnership from Penn Entertainment Read More »

Target’s sloppy stores are wearing on shoppers, and its turnaround could hinge on cleaning them up

Target’s sloppy stores are wearing on shoppers, and its turnaround could hinge on cleaning them up

Business News

The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Customers used to hold up Target as an example of how to run large, yet sparkling stores. Yet in recent years, shopper complaints about sloppier aisles, longer checkout lines, locked-up

Target’s sloppy stores are wearing on shoppers, and its turnaround could hinge on cleaning them up Read More »

Peloton recalls 833,000 more bikes over seat post issue, two injuries reported

Peloton recalls 833,000 more bikes over seat post issue, two injuries reported

Business News

The entrance to the Peloton offices in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Peloton is recalling its original Bike+ after receiving reports that the seat post broke and detached from the equipment during use, leading to two injuries, the Consumer Product Safety Commission said in a news release Thursday.  The recall impacts

Peloton recalls 833,000 more bikes over seat post issue, two injuries reported Read More »

Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study 

Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study 

Business News

Eli Lilly Biotechnology Center is shown in San Diego, California, March 1, 2023. Mike Blake | Reuters Eli Lilly on Thursday said it will start late-stage trials on its experimental amylin obesity drug next month after it showed encouraging results in a mid-stage study. The highest dose of the weekly injection, called eloralintide, helped patients

Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study  Read More »

Retailers are raising prices to meet tariffs. Amazon is hiking more than others

Retailers are raising prices to meet tariffs. Amazon is hiking more than others

Business News

The Amazon Prime logo on a package in Manhattan, New York City, on Sept. 16, 2023. Michael Kappeler | Picture Alliance | Getty Images Tariffs imposed by the Trump administration have given the country’s retailers another cost to manage during a period of persistent inflation. While many are navigating the change with limited price increases,

Retailers are raising prices to meet tariffs. Amazon is hiking more than others Read More »

Lucid misses Wall Street expectations, narrows production guidance

Lucid misses Wall Street expectations, narrows production guidance

Technology News

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images DETROIT – Lucid Group missed Wall Street’s expectations for a second consecutive quarter as the all-electric vehicle maker continues to address problems with the launch of its new flagship

Lucid misses Wall Street expectations, narrows production guidance Read More »

E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact

E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact

Business News

Hailey Bieber’s cosmetics line Rhode is expected to increase E.l.f. Beauty‘s annual sales by $200 million this fiscal year, but its new parent company’s full-year guidance still fell below expectations, leading its stock to plunge 29% Wednesday. E.l.f., which declined to release full-year guidance last quarter, is expecting full-year revenue to be between $1.55 billion

E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact Read More »

Stay Connected

Facebook-f Reddit Pinterest

Subscribe

Subscribe
Subscribe

Don’t miss latest news!

Select list(s):

We don’t spam! Read our [link]privacy policy[/link] for more info.

Scroll to Top