To combat inflation, sandwich maker Subway is launching a $6.99 footlong deal on Monday, with multiple sources claiming the sandwich chain’s sales are plummeting.
Read More Subway Announces Launch Of Footlong Deal, As Customers Continue Battling Inflation PricesTag: sales
FDA Rescinds Juul Marketing Ban After 2 Years
The Food and Drug Administration (FDA) rescinded its marketing ban on Juul labs Inc. on Thursday, which now opens the door to a possible reauthorization of its products.
Read More FDA Rescinds Juul Marketing Ban After 2 YearsTaylor Swift’s ‘Tortured Poets Department’ proves on-Target for retailer
Target said the category grew high-single-digits in the latest quarter, benefiting from exclusive offers for Swift’s latest release.
Read More Taylor Swift’s ‘Tortured Poets Department’ proves on-Target for retailerRed Lobster Files For Chapter 11 Bankruptcy After Disaster All-You-Can-Eat Shrimp Promotion
The Seafood chain Red Lobster, which lost millions over its all-you-can-eat-shrimp promotion last year, has officially filed for bankruptcy after the chain shut down almost 100 locations last week.
Read More Red Lobster Files For Chapter 11 Bankruptcy After Disaster All-You-Can-Eat Shrimp PromotionTarget Plans To Reduce Pride Merchandise After Backlash
Target has stated that it will remove LGBTQ-themed merchandise from select stores in June in response to negative feedback on its sales during Pride Month last year.
Read More Target Plans To Reduce Pride Merchandise After BacklashUS wholesale inventories drop by unrevised 0.4% in March
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
Read More US wholesale inventories drop by unrevised 0.4% in March