Coca-Cola CEO James Quincey said the company’s business will likely not fully recover from the coronavirus pandemic until a vaccine or other comprehensive solution is available. “Businesses are still struggling to recover to pre-Covid levels, even in places where there is no actual transmission of the virus and the vast …
Read More »Men’s Wearhouse owner Tailored Brands plans to cut jobs, close stores
A showcase for Jos. A. Bank Source: Getty Images The parent company of Men’s Wearhouse announced a round of layoffs and hundreds of impending store closings on Tuesday as its business takes a heavy hit from the coronavirus pandemic. Tailored Brands said it is eliminating approximately 20% of its corporate …
Read More »Men’s Warehouse owner Tailored Brands plans to cut jobs and close stores
A showcase for Jos. A. Bank Source: Getty Images The parent company of Men’s Warehouse announced a round of layoffs and hundreds of impending store closings Tuesday as its business suffers a hit from the coronavirus pandemic. Tailored Brands said it is eliminating approximately 20% of its corporate workforce by …
Read More »Starbucks Reveals New Ways for Loyalty Program Members to Pay
Starbucks announced Tuesday that members of the loyalty program will have more ways to pay for their drinks as the coffee chain struggles to recruit more enthusiastic customers. Since its inception, Starbucks Rewards has only accepted pre-loaded gift cards as payment. Starting this fall, customers can link their credit or …
Read More »Discount Aldi grocery store to open more than 70 stores by year-end
A sign hangs outside an Aldi grocery store in Chicago, Illinois. Scott Olson | fake pictures Discount store Aldi said Tuesday that it will open more than 70 stores by the end of the year, hoping to attract new customers and attract some of its rivals, such as Walmart and …
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