Economy

Economy
Economy

DoorDash wants customers to stop using its app to order food

Artificial Intelligence is everywhere, from retail and commercial operations to ride-hailing services and, obviously, technology companies. Even help centers are using AI to deliver customer services, so why not use it to automate some everyday tasks? In its latest round of AI upgrades, DoorDash is launching yet another feature to make ordering easier. Customers may

Read More
Economy

Costco quietly made a big pricing change

If there’s one thing Costco is known for, it’s remarkably low prices.  In fact, a big reason impulse purchases are so common at Costco is that members tend to stumble upon new deals and think, “Hey, that’s just too good to pass up.” Now, Costco shoppers have another reason to check the price tags on

Read More
Economy

Sporting goods chain closes more stores nationwide

The sporting goods industry has been shrinking its retail footprint, with major companies, including Nike and Dick’s Sporting Goods, closing stores across the U.S. Economic uncertainty, changing consumer habits, growing competition, and ongoing store evaluations have contributed to the closures, leaving some communities without their nearby sporting goods and sportswear retailers. Now, another sporting goods

Read More
Economy

Goldman Sachs resets Nike stock price target after brand disappoints

Near the end of Nike’s earnings call on Oct. 1, CEO Elliott Hill told a football story. He described how the University of Texas came back from a 20-point deficit against the nation’s top team.  What stuck with him wasn’t the final score. It was the “methodical drives” and “calculated risks” that got the team

Read More
Economy

Breaking News: Health food chain files Chapter 11, closes 12 restaurants

When my wife, son, and I pick a restaurant for dinner, we all have to make sacrifices. It’s challenging to find am eatery that offers something for each of us. The more specialized a restaurant gets, however, the less likely we eat there. That’s a reality that hurts chains that focus on healthy food. People

Read More
Economy

‘Shark Tank’ beverage brand files Chapter 11 bankruptcy

When a business appears on “Shark Tank,” even if the company doesn’t make a deal, it gets a wave of attention that usually leads to increased sales. “When you air on Shark Tank night, I don’t care what you’re selling, you’re going to sell stuff. It’s a question of how much you’re going to sell.

Read More
Economy

Walmart, Trader Joe’s recall frozen fruit after outbreak declared over

Just when shoppers thought that the months-long frozen berry recall was winding down, there’s another update. And this time, more products sold by some of the country’s most widely accessible retailers are involved. Frutas y Hortalizas del Sur S.A. has expanded its recall of frozen organic berries due to potential E. coli contamination, adding more

Read More
Economy

Walmart brings back a policy that has one big catch

Nearly everyone has had the experience of getting a gift that’s perhaps not exactly what you want. Maybe it was a Christmas sweater, and you’re Jewish and live in Florida, or perhaps someone made the bold decision to buy you one of those mini tabletop water fountains that don’t really work in a house that

Read More
Economy

Walmart’s CEO tells BofA where his retail chain is headed next

Walmart (WMT) is no longer just a place to shop for groceries. The retailer now also offers prescription drugs, online orders, advertising, and even AI-powered shopping. Last week, John Furner, the president and CEO of Walmart, alongside Steph Wissink, the company’s senior vice president of investor relations, met with Bank of America in Boston. During

Read More
Economy

USPS holiday price increase shipping surchrage starts now

At a time when gas and grocery prices already have Americans stressed out, the United States Postal Service (USPS) has raised its delivery fees ahead of the holiday season. The USPS filed a request with the Postal Regulatory Commission (PRC) in August for a temporary price increase on some package products during the 2026 peak

Read More