Fast food chains say they’re locked in a “value war” to win increasingly choosy US customers. On earnings calls, brands highlighted ways they’re trying to offer more bang for diners’ bucks. As customers push back on high prices, companies are […]
McDonald’s, Starbucks, and Other Fast Food Chains Locked in ‘Value War’ Read More »
When deciding where to shop, consumers face trade-offs between convenience, quality, and price. Sam’s Club CEO Chris Nicholas tells BI he wants shoppers to have all three. A new store in Texas showcases what Nicholas wants shopping “in the future”
Sam’s Club CEO Says the Future of Shopping Is Here Read More »
Walmart-owned Sam’s Club opened its first new store since 2017. The location features the company’s latest tech and notably doesn’t have any checkout lanes. CEO Chris Nicholas told BI the location is a model for a big expansion planned through
Sam’s Club Opens New Store Without Checkout Lanes Read More »
Starbucks is reportedly reversing its recent push into frequent promos on drinks and snacks. The move is part of CEO Brian Niccol’s effort to re-establish the brand’s upscale, premium vibe. Promos, which are primarily available in the app, have contributed
Starbucks to Offer Fewer Deals Under New CEO: Report Read More »
Costco shoppers stocked up on supplies in anticipation of the US port strike and Hurricane Helene. Costco says the “abnormal” activity had a measurable impact on monthly sales. The quick resolution to the port strike will likely minimize the disruption
Costco Saw ‘Abnormal’ Shopping Due to Hurricane, Port Strike Read More »
Costco is the latest warehouse club to tout its growing popularity with millennial and Gen Z shoppers. The company said half of new sign-ups were under 40, helping to lower the club’s average age. Sam’s Club has reported similar trends
Costco Members Getting Younger As Under-40 Shoppers Flock to Wholesale Read More »
Sometimes it’s not enough to read between the lines. More and more, you have to spell it out. In the case of Target, the days of testing the legal and ethical limits of the company’s return policy may be numbered.
Target Calls Out Abuse of Return Policy in Update Read More »
As the summer comes to a close, it seems that most of the worst-case economic scenarios have been avoided. The relief was apparent during the most recent earnings cycle as retailers reported sales that held up surprisingly well in spite
The Latest Sign Low-Income Americans Are Stretched Thin Read More »
