Companies from Harley-Davidson to John Deere are backing down on DEI
While some companies are moving away from diversity programs, it's something a majority of Americans support, per an April poll.
Retail
LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.
LVMH gave clients "once-in-a-lifetime access" and hosted high-profile events attended by fashion and sport icons.
The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Paramount
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Paramount, IBM, Google, Dell, and Tesla are among those shedding staff.
The Canadian company behind Circle K wants to buy 7-Eleven's Japanese owner in a blockbuster deal
Seven & i Holdings says it will review the takeover offer from Canada's Alimentation Couche-Tard, which would unite the 7-Eleven and Circle K brands.
Why Lego is so expensive
The most expensive Lego sets cost $850. How did Lego go from a children's toy to a collector's item? And why is it so expensive?
Fast-food price hikes reach 'tipping point' as chains try to reset their menus with value deals and combos
To attract cash-strapped diners amid sliding sales, fast-food chains have been turning to combo deals and value menus.
I went to Taco Bell for the first time. I thought it would be cheaper.
Taco Bell has been doubling down on value, and it's working. I visited one of its restaurants to see just how tasty and cheap its food is.
A Walgreens employee describes routine theft at his store — and how he's not allowed to stop it
A Walgreens employee says that his manager has told him he can't question or pursue potential shoplifters despite frequent theft at his store.
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How this Gen Z founder got the coolest girls in the world to wear her jeans, from Taylor Swift to Hailey Bieber — and built a multi-million dollar denim brand
Elena Bonvicini, 25, started EB Denim while in high school. It's now been worn by Kylie Jenner and Gigi Hadid, and is set to do $3 million in revenue.
See inside the luxury shopping village that's like Disneyland if you're looking to pick up Dior and Gucci at a discount
Bicester Village shows how luxury brands can sell off items for a discount without sacrificing the premium shopping experience.
Walmart is now offering price cuts on more than 7,200 items, and it's not done yet
Walmart has cut prices on a wide range of items, and CEO Doug McMillon says brands should "do the right things" to keep discounts going.
Here's a new look at Elon Musk's 24-hour Hollywood Tesla diner and drive-in
Photos taken in Los Angeles showed the latest progress on Elon Musk's diner and drive-in theater, which is also a Tesla Supercharging station.
6 leadership lessons from Brian Niccol, the new Starbucks CEO who revived Chipotle
New Starbucks CEO Brian Niccol tracks trends on TikTok and Snapchat, welcomes fresh ideas and feedback, and maintains high standards.
I'm a Costco superfan. The prices are hard to beat and you can get pretty much anything there — I've even booked my mom a cruise.
Michael McKinlay, a self-proclaimed Costco "superfan," has used it to buy hockey sticks, hire rental cars, and even book a cruise for his mom.
The daily routine of Starbucks' new CEO starts with a 5:45 a.m. coffee — and it's been that way since his Chipotle days
Brian Niccol is stepping down as CEO of Chipotle to take over the chief executive role at Starbucks in September. Here's his daily routine.
Sara Blakely just became an entrepreneur again, but not everyone's sure about $400 sneaker heels
Sara Blakely floated the idea of comfortable stilettos in 2013, but early reactions to the billionaire's latest venture have been mixed.
After trying on shirts at Old Navy, Banana Republic, and Gap, I found the most expensive items weren't worth the splurge
I tried on similar men's polos at Old Navy, Banana Republic, and Gap. I compared the shirts based on how they fit, the fabric, and the cost.
Starbucks' new CEO is set to make up to $113 million — the average total pay for a barista is $49,000
Brian Niccol is set to get up to $113 million in compensation as Starbucks' CEO, most of it in stock rewards.
These graphs show how much people have cut back on visiting Starbucks — a key driver of its sudden management shake-up
Comparable sales are down in Starbucks' two biggest markets: the US and China. Analysts say it needs to focus on its prices.
'Strong' Walmart results come as a relief for the retail sector
Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sending shares higher in premarket trading.
Warren Buffett is betting on a glow-up for Ulta Beauty
Warren Buffett's Berkshire Hathaway added Ulta Beauty and Heico to its stock portfolio last quarter as it slashed its huge stake in Apple.
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Bill Gates's farmland produces McDonald's fries — and 4 other fascinating facts from a new book on the ex-Microsoft CEO
Bill Gates's farmland grows potatoes for McDonald's fries, he owns a stake in the Four Seasons, and other facts from a book on Microsoft's cofounder.
It's been another bad quarter for the fast-food industry. Burgers and pizza are too expensive, and Americans just don't want to splash out.
Fast-food giants like McDonald's, Starbucks, and KFC reported drops in comparable US sales. In particular, lower-income consumers are cutting back.
As fast-food and casual dining sales falter, Chili's is on a tear
Chili's success is attributed to increased menu pricing, higher traffic, and new value advertising.
Shein and Temu shoes and sandals were found with 11 to 229 times the legal limit for toxic substances, South Korean officials say
Shein shoes contained up to 229 times the legal limit of toxic chemicals, the South Korean authorities say.
Starbucks' new CEO will have a remote office in California and could make up to $113 million
Brian Niccol is set to outearn Starbucks' previous CEO, who has left after less than two years on the job.
5 Starbucks baristas highlight what they want the new CEO to do
The baristas would like to see tech updates, better compensation, and menu standardization, among other things.
Starbucks' new CEO has a chance to remake the coffee chain. Analysts say he could overhaul the menu — and more
Chipotle's Brian Niccol could make big changes as Starbucks' CEO, from how the chain attracts younger customers to its stores in China.
Americans are spending less time in Walmart and Target, but they still linger in Costco. Here's why.
New data indicates that shopping trips to big box stores are mostly getting faster — but not at Costco.
Starbucks has a new CEO — and I have some suggestions as a former barista
Starbucks can get better. The menu baffles me, the drinks are hard to order, and it needs to drop the boba. Here's what else the new CEO should do.
Starbucks' turnaround relies on an executive who is no stranger to orchestrating comebacks
As businesses complain about consumers cutting back, one of the biggest chains in the world is doing some cutting of its own at the highest level.
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Mars is buying the maker of Pringles and Cheez-It for almost $36 billion
One of the biggest deals this year brings brands including Pop-Tarts, Eggo waffles, and Pringles under the same ownership as M&Ms and Snickers.
6 ways Starbucks' incoming chief Brian Niccol transformed Chipotle
Analysts say Brian Niccol, who spearheaded Chipotle's turnaround, is a great pick to head up Starbucks.
Howard Schultz talked about Steve Jobs, trademarking the latte, and Starbucks' problems in a marathon interview
Starbucks legend Howard Schultz told the story of how Bill Gates' dad helped him buy the coffee chain, and how Coke and Lavazza rejected his ideas.
How Taco Bell stays cheap
Fast food prices have soared in recent years, and while Taco Bell isn't immune to these, it's known for being one of the cheaper options.
Howard Schultz is looming in the background of Starbucks' latest CEO transition
Schulz, who had three stints as CEO, has publicly and privately griped about the company in recent months.
Home Depot CFO has a term to describe the state of the American shopper as they pull back
US homeowners are doing rather well financially, but high prices and high interest rates have them holding off on major purchases and projects.
Starbucks is betting big that Chipotle's CEO can make it special again. He'll have his work cut out for him.
Chipotle CEO Brian Niccol is set to become Starbucks' CEO. He's led a turnaround effort before, which could be good news for the coffee chain.
What went disastrously wrong in Laxman Narasimhan's 17 months as CEO of Starbucks
Starbucks CEO Laxman Narasimhan is out after 17 months in the role. His leadership was hit by falling sales, union clashes, and activist investors.
Starbucks is replacing its CEO with the boss of Chipotle in an abrupt management shake-up
Starbucks announced Tuesday that its CEO, Laxman Narasimhan, would step down effective immediately.
I quit my finance job and set up LØCI, the sneaker brand loved by Leonardo DiCaprio and Nicki Minaj — here's how I did it
Emmanuel Eribo gave up his finance job to cofound Butterfly Twists and then luxury sneaker brand LØCI. Here's how he became an entrepreneur and CEO.
Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.
Warren Buffett's Berkshire Hathaway owns scores of companies across a range of industries, and strong gains for many bode well for the economy.
Some Walmart and Walgreens stores are locking up so much stuff that delivery workers are avoiding them
Delivery workers for Instacart and Walmart's Spark say all the locked-up merchandise at stores means delivering orders on time is hard.
Americans are in their budget era — and it's looking like great news for Walmart, Target, and T.J. Maxx
Wealthy households are anxious about their investments and low-income families are stretched, but most of those in the middle are hunting for deals.
I've visited Costco every week for 2 years. Here's what I've learned that's helped me save hundreds of dollars.
I shop at Costco weekly for my family, so I've figured out the best days to shop at Costco and how to find the best deals and markdowns.
6 of the world's most smuggled foods
We take a look at six of the world's most expensive foods we've covered and why they are smuggled.
I'm a Brit who went to Trader Joe's for the 1st time and I wish we had grocery stores like it in the UK
It was a far cry from the UK's main grocery-store chains. Trader Joe's had handwritten labels, colorful displays, and extensive range of fun products.
This new 'Shazam' for fashion app could change the way the world shops online
Capsule mines the entire internet to find shoppable styes to match whatever you are looking for. It could revolutionize online shopping.
Locked-up merchandise is turning off shoppers at CVS, Walgreens, and other big drugstores
Pharmacy retailers are locking more items away, and that's turning away customers who say the measures undermine the shopping experience.
Target offers 1 year to return items from store brands like Cat & Jack kids' clothes. Here's how the unusually generous policy works.
The children's brand brings in more than $3 billion a year for Target, which guarantees customer satisfaction for a year on its private-label goods.