Nestlé is investing $100 million into Wonder Group, Marc Lore’s food-truck-turned-regular food delivery startup.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy.
Shares of Starbucks jumped more than 9% Thursday after the company posted better-than-expected Q4 earnings.
On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.
Amazon’s October Prime sales event wrapped up Tuesday, and this year saw a massive shift in consumer behavior.
Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.
McDonald’s has had a tenuous relationship with its franchise operators as of late. A new round of royalty fee hikes isn’t likely to help.