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Tag: sales

Taylor Swift attends a premiere for Taylor Swift: The Eras Tour in Los Angeles, California, U.S., October 11, 2023. REUTERS/Mario Anzuoni/File Photo

Taylor 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 retailer
FREMONT, CALIFORNIA - MAY 14: A sign is posted in front of a Red Lobster restaurant on May 14, 2024 in Fremont, California. Less than one month after restaurant chain Red Lobster considered filing for Chapter 11 bankruptcy to address rising labor costs and in hopes of renegotiating property leases and long-term contracts, 87 Red Lobster locations abruptly closed their doors in 27 states across the country. (Photo by Justin Sullivan/Getty Images)

Red 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 Promotion
Businesses Across U.S. Weave Pride Themes Into Marketing Campaigns AUSTIN, TEXAS - JUNE 06: A customer shops through Pride Month accessories at a Target store on June 06, 2023 in Austin, Texas. Businesses across the United States have begun advertising LGBTQIA+ apparel to mark this year's Pride Month. (Photo by Brandon Bell/Getty Images)

Target 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 Backlash
People wear masks as they wait to enter a Costco Wholesale store during the outbreak of coronavirus disease (COVID-19) in Washington, DC, U.S. April 10, 2020. REUTERS/Joshua Roberts/File Photo

US 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
General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion in Washington, U.S., December 13, 2023. REUTERS/Elizabeth Frantz/File Photo

GM and Ford count on gas-powered trucks as EV growth slows

GM and Ford face a challenge in common when explaining to investors where profit growth will come from.

Read More GM and Ford count on gas-powered trucks as EV growth slows
NILES, ILLINOIS - JULY 18: A 2023 Ford F-150 Lightning EV is offered for sale at Golf Mill Ford on July 18, 2023 in Niles, Illinois. Yesterday Ford announced that it was cutting prices on the Lightning truck by as much as $10,000. (Photo by Scott Olson/Getty Images)

Ford Delaying Electric SUV, EV Truck Production

Ford Motor has announced the car manufacturer is delaying production of the planned launches of three-row EVs in Canada and its next-generation pickup truck in Tennessee. 

Read More Ford Delaying Electric SUV, EV Truck Production

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