Tag: retail

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  • Subway menu now showing calories

    Subway adds calorie count to menu at all 27,000 US stores

    Subway is adding calorie counts to all items on its menu. The move, which affects all 27,000 Subway locations in the US, is moving forward despite another delay in a federal rule requiring the information. The sandwich chain says its new menu boards with calorie counts are already rolling out all around the country. All […]

  • Adidas Stores in China

    Adidas will open 3,000 new stores in China

    Despite a massive downturn in the world’s second-longest economy, Adidas is planning to open 3,000 new stores in the country, bringing its total number of stores to 12,000 in the area. Adidas is planning growth that will be “healthy and sustainable,” according to Colin Currie, managing director of Adidas Group Greater China. “As sports participation […]

  • Sports Authority bankruptcy

    Sports Authority files for bankruptcy and will close 140 stores

    Sports Authority is filing for Chapter 11 bankruptcy protection. The company announced on Wednesday that it plans to close about 140 of its 463 stores and shut down two distribution centers. The company expects the store closings to take up to three months. Sports Authority stores will remain open and run on normal schedules during […]

  • Macys Coupon Policy Changes

    Macy’s just ditched a major part of its coupon policy

    Macy’s is no longer accepting coupons for clearance items. The struggling retailer is known for allowing customers to stack coupons on top of clearance items, creating very deep discounts on items the store is attempting to move out of its inventory. Moving forward customers can use coupons on regular priced and sales items, but not […]

  • Kohl's sales on the decline through 2017

    Kohl’s gives a dire warning for 2016 sales

    Kohl’s is warning investors that sales could fall this year and that it is unlikely to reach its 2017 target of $21 billion. The company says a weak economy and slowing consumer spending are the key culprits for a likely slowdown. Kohl’s, which is closing 18 stores this year, watched shares fall by 1.9% to […]

  • Mars Bar Recalls in 55 countries

    Millions of Mars, Snickers, and Milky Way bars recalled

    Mars is recalling millions of Mars, Snickers, and Milky Way chocolate bars that are being sold in 55 countries. The recall affects Mars candy that was produced in the Netherlands. Mars Netherlands said it decided to issue the voluntary recall as a “precautionary step” after receiving a consumer complaint about a piece of plastic found […]

  • Fitbit shares

    Fitbit shares flatten as forecast fails to impress

    Fitbit, the fitness tracker company that has dominated its space for years, has failed to impress investors and analysts after announcing that sales and earnings for the first quarter would fall far short of analysts’ forecasts. Fitbit, known for its wearable wristbands that track steps, calories burned and heartbeats, lost nearly 20% of its value on […]

  • Macys Backstage

    Macy’s has a potentially costly plan to turn around some stores

    Macy’s is converting several of its department stores into discount locations and it could spell trouble for the brick and mortar retail industry. CEO Terry Lundgren told analysts on a conference call that Macy’s “Backstage” stores will take over 15 existing retail locations this year. Backstage offers Macy’s brands at hugely discounted prices up to […]

  • Chipotle Menu Fatigue

    Here’s Chipotle’s newest crisis and it hits at the core of its business

    Chipotle’s newest crisis doesn’t have anything to do with E. coli or norovirus. A note from Deutsche Bank analysts says customers are growing tired of the company’s limited menu and choosing other fresh, customized fast food options. “We believe [Chipotle’s] success made them a bit complacent (although not with its desire to expand its store base […]

  • Starbucks Rewards Program Changes

    Starbucks just made its rewards program less valuable to some customers

    Starbucks on Monday announced changes to its loyalty program. The new changes make it harder for some customers to earn free food and drinks based on their purchases. The current program allows customers to earn redeemable points for every purchase. The new program will award points for every dollar spent. The change is sure to anger […]

  • eBay gender discrimination

    eBay bidders bid more on products sold by men

    If you want to be a top seller on eBay there are some tricks you should follow. Create an amazing item description, upload high quality photos, maintain a strong seller rating, and of course, have a great price. Also make sure you’re a guy. A new study released on Friday in the journal Science, suggested […]