Premium Retail 2021-07-15T20:01:35Z
Heinz and Kraft merger

Employees and analysts explain why the penny-pinching attempt to merge Kraft and Heinz and cut costs has failed

The strategy of merging companies while cutting costs worked at AB InBev and Restaurant Brands international until it met its match with Kraft Heinz.
Premium Retail 2021-07-15T13:00:00Z
A woman applies makeup while looking into a smart mirror, with her reflection appearing above a video screen.

11 technology companies that experts say are transforming the $380 billion beauty industry

The beauty industry is undergoing a transformation, led by the emergence of virtual try-on and other technologies. These firms are leading the way.
Retail 2021-07-15T12:00:00Z
Taco Bell nacho fries

Taco Bell is bringing back nacho fries for the 7th time in 4 years

Taco Bell's nacho fries debuted in the US in 2018 to great success and have cycled on and off the menu since.
Premium Retail 2021-07-15T21:01:25Z

The 5 startups Shopify has invested in this year show how serious the platform is about winning over small and medium-sized businesses

Shopify has invested in a same-day delivery provider, a maker of a startup-friendly financing product, and a startup focused on customer acquisition.
Economy 2021-07-15T20:24:18Z

America’s CEOs couldn’t say it any louder: We’re about to charge you more

Inflation increased 0.9% from May to June. In July, the CEOs of Pepsi, Conagra, and other consumer-packaged goods firms said price hikes are coming.
Premium Tech 2021-07-15T19:55:50Z

These are the 13 Amazon executives with the most power under new boss Andy Jassy — including the 2 who were promoted as he rose to CEO

Amazon's new CEO, Andy Jassy, is already making his mark on the company with several high-profile changes to his top inner circle of executives.
Personal Finance 2021-07-15T19:04:54Z

Chase Offers can get you cash back with Starbucks, Exxon Mobil, and Southwest Airlines just for having a credit card — these are some of the best deals available now

Chase Offers are cash-back discounts and deals for cardholders at stores, restaurants, travel providers, and more —these are the best available now.
Premium Retail 2021-07-15T18:44:43Z

Sam Nazarian's $500 million hospitality company is betting that ghost kitchens will raise the value of real-estate property

C3 aims to create lasting restaurant brands virtually and in person. It's raised $80 million from strategic partners like Reef Technologies.
Economy 2021-07-15T17:46:48Z

Say goodbye to hotel turndown and these other services people simply don't want to pay for anymore

Daily hotel housekeeping is a thing of the past. Hilton cut it this week, and it's one of several things the economy of 2021 is leaving behind.
Retail 2021-07-15T17:18:56Z

Taco Bell, McDonald's, and Dunkin' and are raising prices. Here's how much more you're paying for coffee and food

It's not just you. Industrywide shipping issues, labor shortages, and weather events all contribute to rising prices at your favorite restaurants.
Retail 2021-07-15T17:04:00Z

Four Impediments to CX Excellence

Insider Intelligence details the obstacles to implementing a powerful customer experience and how they can be overcome.
Retail 2021-07-15T17:00:13Z

Coca-Cola is changing the recipe for Coke Zero, and it's giving people flashbacks to the 'New Coke' blunder of the '80s

Coca-Cola Zero Sugar will be refreshed with a new recipe and packaging "to deliver an even more iconic Coke taste."
Retail 2021-07-15T16:09:57Z

I tried Panda Express' new Beyond Meat orange chicken. It was delicious and now I'm sold on plant-based chicken.

Panda Express and Beyond Meat are teaming up to offer a plant-based version of the Asian chain's most popular dish, and I'm hooked.
Premium Retail 2021-07-15T14:12:48Z

California Pizza Kitchen is quietly testing a dining room robot amid a national labor crisis that is forcing more restaurants to lean on autonomous technology

The pizza chain is testing an autonomous food runner by Richtech Robotics in California, which is seeing a boom in demand for its tech.
Retail 2021-07-15T13:52:00Z
Tech 2021-07-15T10:19:18Z

Amazon sold more than 420,000 dangerous hairdryers, carbon monoxide detectors, and children's pajamas, a US safety agency said

The Consumer Product Safety Commission (CPSC) said it filed the lawsuit because Amazon didn't comply with a full recall.
Politics 2021-07-15T09:20:48Z

The Senate unanimously passed a bill to ban all products from Xinjiang, where Uyghurs are detained, surveilled, and forced into manual labor

China is accused of locking up at least 1 million Uyghurs and forcing some to work for little to no pay.
Premium Tech 2021-07-14T22:47:30Z

$9 Billion Gopuff just hired a top Uber Eats executive to help lead its global expansion

GoPuff poached longtime Uber exec John Feldman, the latest sign that the convenience delivery startup is getting serious about international expansion.
Retail 2021-07-14T22:03:00Z

5G will advance payments and mobile commerce

5G technology could bring about positive changes to the retail industry, as retailers seek to maintain their digital transformation efforts.
Retail 2021-07-14T21:32:48Z

The average CEO made nearly 300 times the median employee pay last year, and that gap is only growing, a new AFL-CIO analysis finds

The average S&P 500 CEO made 299 times more money than the median employee in 2020, according to a new analysis from the AFL-CIO.
Premium Retail 2021-07-14T19:22:36Z

Experts say this is the very real nightmare scenario for Kraft Heinz

Analysts say 3G's cost cutting has already damaged Kraft Heinz. Without a big comeback, the food giant may be stuck in neutral.
Retail 2021-07-14T19:05:00Z

THE ONLINE GROCERY REPORT: The coronavirus pandemic is thrusting online grocery into the spotlight in the US — here are the players that will emerge at the top of the market

This report looks at the state of online grocery adoption before the shopping method became vital to many consumers amid the pandemic.
Retail 2021-07-14T16:55:48Z

From gas to groceries, here are the everyday products and services that have gone up the most in price since last year

Inflation data show price increases of more than 5% in over 45 categories of products and services regularly used by American households.
Retail 2021-07-14T16:11:45Z

A controversial handgun that is covered in LEGOs and looks like a toy is no longer available for sale after LEGO sent its maker a cease-and-desist letter

Culper Precision in Provo, Utah, will no longer sell Block19, a Glock handgun covered in LEGOs, after LEGO sent a cease-and-desist letter.
Retail 2021-07-14T16:01:16Z

The US government just warned companies that even indirect ties to forced labor in China's Xinjiang province risks breaking the law

The US warned of added legal risks for American companies with ties to Xinjiang, citing genocide and human rights abuses in the region.
Retail 2021-07-14T15:31:39Z

The CEO of a freight-booking company explains the reason behind shipping delays: 'It's simple, Americans are buying more stuff'

The demand for imported goods is so high that shipping companies are racing to build more boats, a construction process that could take several years.
Retail 2021-07-14T13:26:56Z

The price of vending machine food just jumped by a record amount as Pepsi, Coca-Cola, and snack brands hike prices

The price of snack food sold in vending machines in the US was up 2.3% last month, the biggest single-month cost jump on record, according to Axios.
Retail 2021-07-14T12:40:15Z

Watch a viral video exploring an abandoned 1980s McDonald's restaurant, complete with pink-and-blue decor and an old McFlurry machine

A 10-minute YouTube video shows the inside of a McDonald's restaurant with 1980s decor. The uploader says it has been abandoned since 2007.
Retail 2021-07-14T12:26:46Z

Biden's child tax credit checks will boost spending by as much as $200 billion, analysts say, with Amazon, Walmart, and Papa Johns set for big wins

Around 39 million households will receive up to $300 monthly checks as part of Biden's child allowance scheme, giving them more disposable income.
Retail 2021-07-14T12:10:00Z

Some lawmakers are trying to block Chick-fil-A from New York rest stops as past political donations continue to haunt the chain

Chick-fil-A no longer makes political donations and says it has no political agenda, but New York state politicians are sending letters protesting its inclusion.
Retail 2021-07-14T11:15:24Z

Subway has launched a website laying out the 'truth' about its tuna

Subway launched, where it says its tuna is is "high-quality, premium, and 100% real."
Retail 2021-07-14T09:59:23Z

Subway CEO defends the chain's tuna and says he 'absolutely' eats its tuna subs. 'It's one of my 2 favorite sandwiches.'

Subway has just overhauled its menu and ingredients — but didn't touch its tuna, CEO John Chidsey told CNN. "People love our tuna," he said.
Retail 2021-07-13T22:10:26Z

Kraft Heinz employees say their budget was cut so much they had to bring their own coffee to work and could only spend $5 a year on office supplies

Current and former Kraft Heinz employees described deep cost-cutting and a company that has fallen behind many of its peers in the food industry.
Premium Tech 2021-07-13T21:47:50Z

Amazon's Prime Air drone delivery team has had higher turnover than the rest of the company as launch delays and internal tensions roil the division

The turnover rate was 20% last year, a higher figure than Amazon Robotics' 16% and the 14% rate seen across the broader retail operations unit.
Tech 2021-07-13T20:51:26Z

An Amazon warehouse's IPO plans show how loyalty to the e-commerce giant can breed success for its contractors

The company, ROX Financial, wants to take a single Amazon warehouse public and lease even more properties to the e-commerce giant.
Premium Retail 2021-07-13T16:12:13Z

3G's merger of Kraft and Heinz is killing morale, causing burnout, and choking innovation, some employees say. Now, the company could get left behind as the economy reopens.

3G Capital was supposed to make Kraft Heinz a dominant food company. Instead, brands such as Oscar Mayer have languished from deep cost cutting.
Economy 2021-07-13T15:51:05Z

Why you're paying more for beef, pork, and eggs right now and when prices are expected to go back down

Price inflation is still expected to be temporary, but in the meantime some items on your grocery list are seeing some spikes.
Personal Finance 2021-07-13T15:27:36Z

Amex Offers can save you money at merchants like Boxed, CLEAR, and World of Hyatt — here are some of the best offers you can get right now

Amex Offers are targeted bonuses or discounts on purchases with select merchants, services, restaurants, and travel providers — here's how it works.
Retail 2021-07-13T15:05:00Z

Building an Effective Social Commerce Strategy

In this free download, Insider Intelligence provides a framework for brands to determine the social commerce strategies most likely to work for them.
Premium Law 2021-07-13T14:25:04Z

Your favorite phone apps are inaccessible to many blind users, and they may not be covered by the ADA.

TikTok, LinkedIn, and major retail apps and websites aren't fully accessible to blind people. Courts are divided on what accessibility means.
Tech 2021-07-13T12:31:08Z

Amazon pledges to hire 100,000 US veterans and military spouses by 2024

If Amazon met its target, it would more than triple the number of veterans and military spouses it employs in the US.
Careers 2021-07-13T12:27:28Z

McDonald's franchises are offering emergency childcare as a draw for fast-food workers

McDonald's has pledged millions of dollars to support franchisees extend their program of employee benefits.
Retail 2021-07-13T12:25:20Z

Klarna acquires social shopping startup HERO to expand merchant solutions

Klarna acquired HERO, a retail tech startup that connects online shoppers with in-store retail associates via text messages, videos, and chat rooms.
Retail 2021-07-13T11:33:00Z

Chick-fil-A is Americans' favorite fast-food chain, a new survey finds — and McDonald's ranked last

Chick-fil-A came in first place with a score of 83, marking the seventh consecutive year in which it topped the rankings for fast-food chains.
Retail 2021-07-13T11:10:59Z

WE ALL QUIT: A photo of a Burger King sign went viral after workers protested long hours, low pay, and kitchen temperatures that reached 97 degrees

The nine Burger King workers join the ranks of retail and restaurant employees "rage quitting" jobs over working conditions and pay.
Retail 2021-07-13T10:00:00Z

Popeyes spent 6 months stockpiling frozen chicken to launch nuggets as a precarious supply chain threatens the industry

Popeyes seems to be hoping to replicate the success of the hugely popular chicken sandwich by adding another core menu item.
Retail 2021-07-12T19:03:00Z

How retail companies are reducing friction in online and offline transactions

One of the ways brands and retail companies are working to reduce ecommerce friction is providing more payment methods at checkout.
Retail 2021-07-12T17:19:41Z

Why McDonald's hasn't introduced plant-based burgers in the US after launching them around the world

The chain has debuted McVeggie and McPlant menu items in markets around the world, but there are still no plans to debut in the US.
Retail 2021-07-12T17:05:32Z

How Dollar General can stay so cheap, even with prices of goods rising

Dollar General sells products at 20% to 40% less than drug and grocery stores. Here's how it keeps prices down.
Retail 2021-07-12T16:33:49Z

Moms on Facebook and TikTok can't get enough of this $60 washable handbag that resemble a pair of Crocs

Bogg bags, washable bags that look like the purse-version of Crocs and cost $60 to $90, are a new trend among TikTok moms.
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