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By: Darla Mercado
Board members of the pizza chain are in a battle with founder John Schnatter. The company may consider a tactic to prevent him from taking control. » Read More |
By: Deborah Findling
MatchaBar is a Brooklyn based matcha cafe launched by brothers Graham and Max Fortgang in 2014. The cafe bottles the drink in ready-to-drink bottles while still using a ceremonial grade tea sourced from a family farm in Nishio, Japan. This week MatchaBar closed an $8 million series A round of funding led by NFL MVP Von Miller and DJ Diplo as well as launched an energy drink, "Hustle". » Read More |
By: Trent Gillies
Single use plastic straws are a small thing that’s stirred up a big controversy, mainly because of its impact on the environment. It’s prompted a growing number of major companies to abandon something that’s almost iconic in American dining culture. » Read More |
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Krispy Kreme Doughnut is acquiring a majority stake in Insomnia Cookies in a move that helps the coffee and doughnut chain move beyond the glazed treats for which it is known.
Credit Suisse lowered its rating on the stock to neutral from outperform.
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The Albertsons-Rite Aid deal would create a retail giant valued at roughly $24 billion. But with Rite Aid, investors are expected to hold a roughly 29 percent stake in the new company, and some have pushed back against the deal. They point to Albertsons' debt load and performance struggles.
The footwear maker reported EPS that fell well below expectations for the second quarter.
Forbes interviewed 37 current and former Papa John's employees and published a piece detailing a fraternity-like culture led by founder John Schnatter that disparaged women and encouraged employees to spy on their colleagues.
Walmart is planning to launch a subscription video service through its Vudu digital entertainment division to compete with Netflix, Amazon and Hulu, according to a report from Variety.
The deal would help Krispy Kreme expand beyond its iconic glazed doughnuts.
Toys R Us workers want buyout firms to give them more money. At least one of the firms is refusing to answer their emails, The Financial Times reports.
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Shares of eBay fell over 10 percent in trading Thursday after the company reported sluggish growth in its marketplace business.
Upscale fashion label Burberry has destroyed millions of dollars’ worth of clothing and perfume in a move questioned at its annual meeting. It destroyed £28.6 million ($37.1 million) of goods for the year ended March 31, 2018.
Shares of Domino's Pizza tumbled Thursday after the company posted weaker-than-expected second-quarter revenue and same-store sales.
According to Adobe Analytics, retailers with more than $1 billion in revenue saw a 54 percent increase in sales on Prime Day, compared with an average Tuesday.
Stores that sell car batteries, mufflers and other parts are facing new pressure since Amazon started selling auto parts online last year. Big retailers like Walmart have also jumped into the fray, in part, to compete against Amazon. So far, auto parts retailers have been spared from sharing the same fate as Barnes & Noble, Toys R Us and so many other companies rendered redundant by Amazon.
Laundry Service, the media agency accused of extortion by Papa John's Founder John Schnatter, called his claims "disparaging and outrageous" in a memo sent to employees Tuesday.
More shoppers signed up for Amazon's Prime membership on July 16 than any previous day in Amazon history.
Goldman Sachs downgraded its rating on Clorox shares to sell from neutral on Wednesday.
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