UPS workers approve massive new labor deal with big raises
David Paul Morris | Bloomberg | Getty ImagesUPS workers ratified a massive five-year labor deal that includes big wage increases ...
Tag: Retail industry
3 trends are dividing restaurant companies into winners and losers
A McDonald's restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBCRestaurant companies navigating some of the same ...
Aldi is getting bigger. Here’s why the no-frills German grocer is looking to the Southern U.S. for growth
No-frills discounter Aldi is the latest grocer to shake up the industry with big moves.The German retailer announced this week ...
Outback Steakhouse owner’s stock rises after activist Starboard Value buys stake
An Outback Steakhouse truck sits parked outside a restaurant in New York.Daniel Acker | Bloomberg | Getty ImagesShares of Outback ...
Kraft Heinz picks new CEO as sales slump in the face of higher prices
Carlos Abrams-Rivera, Kraft HeinzSource: CNBCKraft Heinz's North American president will become CEO of the food giant next year, the company ...
Alibaba reports solid earnings beat, revenue rises most since Sept. 2021
An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023.Aly Song | ReutersChinese ...
Major retailers bring $14 billion in revenue to Black-owned brands
Major retailers and brands have driven $14 billion in revenue to Black-owned businesses since May 2020.In the last three years, ...
Retailers are shaping a wave of laws to crack down on organized theft — here’s how they do it
This is the final part of a three-part series on organized retail crime. The stories examine the claims retailers make ...
No more freebies: Companies crack down on customer perks and rewards
Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty ...
Starbucks beats earnings estimates, but sales disappoint despite China boom
Starbucks logo is seen on a cup in this illustration photo taken in the cafe at the airport in Charleroi, ...
