One of America’s largest grocery retailers is changing course after years of expanding its business and investing in the infrastructure behind it. The company has made a series of moves that could reshape its footprint, even as it continues to grow in some areas of its business. The latest decision comes as retailers across the
Soccer purists spent June and July complaining that World Cup hydration breaks turned fast-moving matches into stop-start slogs padded with extra commercial time. Broadcasters cashed in on those minutes. So did Coca-Cola, the tournament’s longtime beverage sponsor, whose in-stadium marketing during those very breaks helped power one of the more unusual quarters in the company’s
When your local grocery store closes, it doesn’t matter to impacted residents that the chain is adding locations in other markets. My family owns a vacation home in Jaffrey, New Hampshire, and the closest grocery store was about five miles away in a neighboring town. When that store closed, our options were smaller, much more
When it’s time to buy a new mattress, my wife and I go to physical retail stores and try to make sure we’re going to feel comfortable with whatever we decide to purchase. That’s not a foolproof plan, as our current bed took a few years of use before it actually felt like the bed
After multiple unsuccessful comeback attempts, a global sportswear brand is once again betting on the U.S. market, years after exiting the country. Despite cautious consumer spending and intense competition from established athletic apparel companies, the brand is making its biggest push yet to rebuild its presence in America. The strategy includes a new e-commerce platform,
Consumers consistently say they want healthier fast-food options, but when it’s time to order, many still choose taste, value, and convenience instead. McDonald’s, for example, no longer even has a salad on the menu because customers simply didn’t buy enough of them to justify the expense. There’s often a disconnect between what people say they
When I first experienced a made-to-order pizza, one where I fully customized my pie and watched it get built, then put into the oven, I thought the concept would upend the takeout pizza market. Very successful for a while, the concept later fell victim to what I think of as “self-serve frozen yogurt syndrome.” It’s
Best Buy (BBY) has spent years trying to shake off a sales slump, and its next leader thinks part of the answer is smaller buildings. Jason Bonfig, who becomes Best Buy’s sixth chief executive on November 1, told CNBC that he wants to open compact stores in towns and neighborhoods that its full-size locations never
Just a few years ago, Chili’s was a brand in trouble. Now, it’s a verified turnaround success story. “Chili’s delivered another strong quarter with industry-leading growth of +9%, rolling the industry-leading growth from last year for a 2-year comp sales growth of +43%,” said Brinker International CEO Kevin Hochman said in the company’s second-quarter earnings
While the main divide in the world of airline choices will often come down to low-cost or mainstream, the hidden third category is the vacation or leisure airline. The term is generally used for airlines whose network is made up primarily of popular holiday, resort or beach destinations. A major example of the holiday airline