Struggling drugstore chain Walgreens is going private. The company on Thursday said it inked a deal with private equity firm Sycamore Partners that will take it off the public market for an equity value…
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Editor’s Pick
Editor's Pick
Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines
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Dine Brands hopes to boost sales this year with a wider swath of value meals and buzzier advertising after a rough 2024 for Applebee’s and IHOP. “We had a soft year…
Editor's Pick
Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working.
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Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to…
Editor's Pick
Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction
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Rare pieces of memorabilia from two of the National Basketball Association’s biggest icons are hitting the auction block and are expected to sell for a combined $20 million. Sotheby’s announced…
Editor's Pick
Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working
by
0 comment
Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to…
President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely involve scaling back at least part of…
Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri. The executive change is the latest for Starbucks after Brian Niccol joined…
Editor's Pick
How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise
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Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming halt in 2019. A less-than-three-minute trailer released…
Editor's Pick
Domino’s Pizza finally launches stuffed crust to keep customers away from rivals
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Domino’s Pizza is finally releasing its own version of stuffed crust on Monday, aiming to win over the customers who are willing to spend more on the pricey pizza customization. Thirty…
Editor's Pick
Treasury Dept. will not enforce ownership information reporting for millions of businesses
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The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or BOI, reporting requirements for millions of domestic businesses. Enacted via…