For years, the artificial-intelligence explosion has been largely invisible to customers, taking place within vast data centers crammed with pricey chips. Apple wants to bring more of it to your desk. Apple (AAPL) on Aug. 25 introduced its M6 and M5 Ultra CPUs and new Mac mini and Mac Studio models, bringing a lot more
For the vast majority of my life, even as a retail expert who has covered the industry for over 30 years, I never thought much about supply chains outside of work. When I went to a grocery store, it nearly always had what I wanted. During the Covid pandemic, however, supply chains became a dinner
Chains including Marshalls, TJMaxx, and Costco have made the treasure hunt a key part of their business model. Merchandise changes regularly, so you never know what you might find, and the prices generally beat traditional retail. That’s supposed to drive repeat visits from shoppers looking for a deal. “These stores represent a kind of treasure
A major sportswear retailer is reshaping its store footprint as it integrates a recently acquired business, and the results suggest the strategy is coming at a much higher price than the company and investors expected. The retailer has been closing locations, reviewing underperforming assets, and taking hundreds of millions of dollars in related charges. Now,
Coca-Cola (KO) has spent nearly a century tying itself to Christmas. Its decades of Santa advertising, starting in the 1930s, helped popularize and cement the jolly, red-suited Santa Claus most people picture today. That connection sells a lot of soda every December. Now the beverage giant wants a second holiday to call its own, and
Every valuation is a story that someone agreed to believe. In private markets, that story gets told in a conference room, signed by a handful of investors, and then repeated for years as if it were a fact. Nobody has to test it. There is no daily quote, no crowd of skeptics pricing the risk
A popular sports bar and grill chain has abruptly closed four restaurants, cutting its footprint by 20%, less than two years after a new owner acquired the brand. The closures come as restaurant chains across the country continue to deal with severe challenges stemming from rising food and labor costs, shifting consumer habits, and aggressive
Fall is one of the most predictable seasons in the restaurant industry. As temperatures begin to drop, major chains roll out limited-time flavors to bring customers back for familiar favorites. And few seasonal flavors have become as recognizable as pumpkin spice. This fall, however, McDonald’s is taking a different approach, discontinuing a longtime favorite nationwide.
Coca-Cola stock split quick facts Most recent split: 7/27/2012 (2-for-1) First split: 4/25/1927 (technically a 1-for-1 stock dividend) Decades with most splits: 1960s and 1990s (3 splits each) Most common split ratio: 2-for-1 In honor of America’s 250th birthday, Coca-Cola (KO) published a sponsored feature in The Atlantic, making a bold yet plausible claim: The
For moviegoers, some theaters become more than places to watch the latest blockbuster. They become part of the neighborhood, familiar landmarks where generations of movie fans have spent countless hours making memories with family and friends or escaping reality for a while. But even as moviegoing rebounds, major theater chains continue to reshape their footprints,