The new Starbucks strategy: Will CEO Brian Niccol’s plan work?
Starbucks CEO Brian Niccol wants to return the company to its coffeehouse roots. Analysts are optimistic, though they say the company will face near-term headwinds.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
Casual dining chain TGI Fridays Inc. filed for Chapter 11 bankruptcy in Texas on Saturday with the company's executive chairman saying it still has not fully recovered from the COVID-19 pandemic.
Two charged in Nashville jewelry store robbery: over $1 million in gold, jewelry
Two people have been charged after allegedly swiping over $1 million in gold and jewelry during a recent Nashville, Tennessee, jewelry store heist, according to the Metro Nashville Police Department.
US economy added 12K jobs in October, well below economists' expectations
The Labor Department on Friday released the closely watched October jobs report, which showed that hiring slowed down as the economy added 12,000 jobs.
Peloton names Ford exec, Apple Fitness+ founder Peter Stern as new CEO to drive turnaround
High-end fitness company Peloton, which has struggled in the post-pandemic world, has tapped another chief executive to try to turn around its business.
How McDonald's plans to bring back customers
McDonald's said that it continues to face slow traffic in back-to-back quarters, especially among its lower-income consumer. Here's what the company is doing to change that.
US economy grew 2.8% in the third quarter, slower than expected
The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday. That pace is slightly slower than what economists forecasted.
Inter Ikea CEO sees turnaround in housing
Inter Ikea CEO Jon Abrahamsson Ring, who oversees the franchisees in all 63 of the company's markets, believes housing conditions will improve over the coming fiscal year.
Costco issues recall notices for frozen waffles, freeze dried meat over listeria concerns
Two more products were added to Costco's recall list this due to concerns of listeria, a foodborne illness especially dangerous for pregnant women.
Salmon sold at Costco recalled over listeria concerns
Costco has posted a recall for Kirkland Smoked Salmon over listeria concerns, the latest in a series of products sold at the wholesale club in recent weeks.
Luxury department store removes the word 'Christmas' from popular gift catalog
Neiman Marcus has quietly removed the word "Christmas" from its annual gift catalog, ending a 98-year tradition for the Dallas-based retailer.
'Yellowstone' branded premium dog treats available for pups; Dutton family backstory steers premium quality
"Yellowstone" Dutton Ranch Dog Treats are made with premium ingredients, according to the co-founder of the brand, Kevin Rizer. Most of the treat flavors are made with one ingredient.
Costco's 'Netflix moment' big win
Costco's decision to install membership card scanners in U.S. stores could lead to the retailer's own version of a "Netflix moment," according to Morgan Stanley analysts.
Independent pharmacies fear closures amid financial strain
Independent pharmacists are worried about growing financial and operational pressures that put a strain on their businesses. Some are worried they may have to close their doors.
Kroger is 'throwing everything they got' at potential merger with Albertsons: Lydia Hu
FOX Business' Lydia Hu breaks down the latest in the Kroger-Albertsons merger as it faces multiple legal challenges.
Walmart launches nationwide same-day prescription delivery
Walmart on Tuesday launched a pharmacy delivery service, allowing customers to get prescription drugs and general merchandise delivered in a single online cart.
Former Abercrombie & Fitch CEO arrested in federal sex trafficking probe
The former Abercrombie & Fitch CEO Mike Jeffries and two other men have been arrested on federal sex crime charges, according to law enforcement sources.
Target cutting prices on 2,000 items ahead of holiday shopping season
Target is implementing price cuts on thousands of its in-house and national brand items in an effort to drive traffic at its stores and online during the holiday season.
Costco recalls several items amid listeria concerns
Costco customers are urged to return recent recalled products over listeria contamination concerns, with some of them part of the massive BrucePac recall.
Buybuy Baby closing all stores, shifting to online-only business model as part of 'strategic reset'
Buybuy Baby, once owned by Bed Bath & Beyond, is shuttering all of its physical stores and shifting to an online-only business model as part of a "strategic reset."