European supermarket chain Carrefour is pulling PepsiCo products from its shelves, citing “unacceptable” price increases as the reason for the decision. This issue is not unique to Carrefour; other major companies in the industry have also expressed concerns over similar ...
It is well-known that Amazon’s marketplace is often cluttered with questionable products, ranging from microwave ovens that pose safety hazards to smoke detectors that fail to detect smoke. Additionally, Amazon’s review system can be inundated with fake reviews generated by ...
Toyota Motor’s Daihatsu unit announced on Wednesday that it will suspend shipments of all vehicles, both internationally and domestically, following an investigation into a safety scandal that uncovered issues in approximately 64 models, including 22 sold under the Toyota brand. ...
On Thursday, Nike announced its intention to reduce expenses by approximately $2 billion over the next three years, coinciding with a reduction in its sales forecast. Nike’s stock dropped around 12% in premarket trading on Friday. Despite a 4.7% increase ...
Warner Bros. Discovery and Paramount Global are currently engaged in preliminary merger discussions, according to sources. Sources indicated that Warner Bros. Discovery CEO David Zaslav and Paramount CEO Bob Bakish met on Tuesday to go into the potential terms of ...
Shippers have rerouted approximately $80 billion worth of cargo away from the Red Sea due to threats from Houthi militants in Yemen. Carriers are altering their routes following 15 attacks in the Red Sea since the onset of the Israel-Hamas ...
Netflix is now disclosing viewership statistics for nearly all of its shows and movies. On Tuesday, Netflix published its inaugural “What We Watched” report, which ranks nearly all of its shows and movies based on the number of hours viewed ...
As the growth of all-electric vehicle (EV) sales lags behind expectations, major automakers are increasingly turning to hybrid vehicles to meet customer demands and avoid costly penalties related to federal fuel economy and emissions standards. This shift contrasts with the ...
The National Retail Federation (NRF) has retracted a significant claim about inventory losses, commonly known as shrink, after a news investigation revealed inaccuracies in the analysis. The NRF’s retraction, announced Friday, highlights the challenges the retail industry faces in accurately ...
Lawmakers are intensifying their examination of Shein following the company’s confidential filing to go public last week. Rep. Blaine Luetkemeyer, R-Mo., a member of a key committee, has even threatened to pursue legislation that would prevent the retailer from trading ...