The growth rate for retail sales this holiday season is forecast to be less strong than in recent years, according to forecasts released on Tuesday by consulting firm Deloitte. But, how growth is being muted will depend on how much high-income consumers split, and how much belt-tightening happens in low-income …
Read More »Taco Bell removes many menu items as it streamlines preferences
A customer rides his bike in front of a Taco Bell restaurant in Novato, California. Justin Sullivan | Getty Images Taco Belle announced another wave of menu cuts after reviewing her food and drink ings fur. Yum Brands Chain is one of the restaurant companies that permanently reconsiders their menus …
Read More »Mart mart becomes creative, goes virtual as he plans to buy holiday toys
Toys for sale at Wal-Mart in Burbank, California. Patrick T. Falan | Bloomberg | Getty Images Before each holiday season, Walmart gathers hundreds of children at a convention center near its Arkansas headquarters. Young testers try a lot of toys and choose what they want to get from Santa. It …
Read More »Amazon will open a first-line only full-fledged food store in Brooklyn
Consumers shop for produce at the Whole Foods Market 365 location in Santa Monica, California. Patrick T. Falan | Bloomberg | Getty Images Amazon is opening a new whole food store in Brooklyn, but it will not be open to the public. In the first for the company, the entire …
Read More »Cinemas reopen this weekend, but attendance is in question
A medical worker wearing a mask walks into the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images On Friday, AMC, Regal, Cinemark and Marcus Corp and other major theater chains reopened their doors to the …
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