Economy

Economy
Economy

Keurig Dr Pepper breakup could reveal the stronger business

Keurig Dr Pepper built one company around two very different businesses: a North American beverage operation led by Dr Pepper and a coffee franchise built around Keurig. But it is now preparing to separate them, again, since its merger in 2018. The company plans to split into two publicly traded businesses in early 2027. The

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Economy

Pepsi has an entirely new plan for Doritos, Cheetos

PepsiCo has spent decades building some of the world’s most recognizable snack brands. From Lay’s and Doritos to Cheetos and Cracker Jacks, the company has built a portfolio that reaches just about every cranny of the snack aisle. Now, it’s looking for new ways to put those brands in front of consumers.  Over the last

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Economy

Clothing retailer closes nearly all stores, leaving just 4

A major international clothing retailer is continuing to shrink its U.S. footprint after years of store closures and financial challenges. The latest shutdown affects a long-running location in one of the country’s most prominent retail markets, further reducing the brand’s presence in the U.S. The closure comes as the retailer works to reshape its business

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Economy

The factories meant to absorb your kitchen tariff are shrinking

Every large home project comes down to a question you answer before you ever call a contractor. Not what it costs.  When you already know the arithmetic of waiting. Prices drift up, your kitchen gets another year older, and the quote you were quietly hoping would improve never does. So you wait anyway, because waiting

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Economy

Another national airline files for Chapter 11 bankruptcy

With jet fuel prices still elevated over the war in Iran and climbing suddenly each time there is renewed conflict, multiple airlines are struggling to cover their costs, in some cases to the point of having to declare bankruptcy. Mexican holiday carrier Magnicharters filed for bankruptcy protection in Mexico City back in May, while British cargo airline

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Economy

Consumer giant could sell major personal care brands

A major consumer company is considering a move that could put several familiar household brands on the market. The move comes as the company reassesses parts of its portfolio and seeks to strengthen performance in a key market. If completed, the sale could reshape a personal care business that includes well-known products used by consumers

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Economy

National specialty clothing chain closing all its stores

A few weeks ago, I used Uber Eats to deliver me a case of bottled water, a dozen Starbucks iced coffee bottles, and a 12-pack of Gatorade Zero. It cost a little more than going to the store less than two miles from our house, but instead of having to lug those bulky items from

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Economy

Another coffeehouse files for Chapter 11 as costs, prices rise

When we moved to our former house in the Tradition neighborhood of Port St. Lucie, Fla., we had two Starbucks, two Dunkin’s, and two local coffeehouses within a few miles of our house. A few years later, when we moved away, we still had two Starbucks, but the local, independent chains had both closed. In

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Economy

49-year-old men’s clothing chain closing more stores

A few months ago, I went into a popular tuxedo rental chain to rent a tux for a wedding. I told the clerk what I needed, and the initial jacket he brought out fit, but would not button. He then proceeded to tell me that the line I was looking at was not available in

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Economy

Kroger loses $12 billion as customer behavior takes a turn

Kroger is facing mounting pressure from shifting customer habits, causing it to lose $12 billion as competition intensifies. In recent months, the grocery chain, which operates regional supermarkets such as Ralphs, Fred Meyer, and Smith’s, has grown laser–focused on attracting and retaining price-conscious customers by offering more value and lower prices in its stores.  For

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