Despite an ongoing avocado shortage that has already affected some in the food industry, Chipotle is reassuring customers that no, the chain will not run out of guacamole, and no, prices for the stuff won’t go up. [More]
Retail Services
Chipotle Reassures Customers That Guacamole Supply Is Not Threatened By Avocado Shortage
By 10.24.16 — Updated: 10.31.16
Webcam Maker To Recall Products Linked To Last Week’s Internet Crash
By 10.24.16 — Updated: 10.31.16
In the wake of a denial of service attack that bogged down sites like Twitter, Github, Reddit, Airbnb, and many others at various times on Friday, one company is recalling webcams that may have been used to aid hackers in taking these popular sites offline.
[More]
REI Tells Everyone To Go Play Outside On Black Friday Again
By 10.24.16
While other retailers debate whether they should open on Thanksgiving Day or not, last year outdoor gear co-op REI had a novel idea: it wouldn’t just keep its doors closed on the holiday, but it would close on the biggest shopping day of the year as well. That apparently worked out for them, and the retailer is doing the same again this year. [More]
Report: Dick’s Won Auction For Golfsmith’s Intellectual Property, U.S. Stores
By 10.21.16
According to “a person familiar with the matter,” Dick’s Sporting Goods picked up the U.S. business and intellectual property of bankrupt specialty retailer Golfsmith for $70 million, as expected. Serving as its caddies for this round were well-known names in the retail liquidation business, Hilco Global and Tiger Capital Group. [More]
Target Recalls 127K Halloween Window Clings Over Choking Hazard
By 10.21.16
One of the easiest — and less messy — ways to decorate for any holiday is to slap a few plastic clings to your windows, and if those decorations happen to include lights, even better. Except, of course, if you bought some of those products from Target, as the retailer has recalled 127,000 Halloween-themed LED gel clings. [More]
Report: Coach, Burberry Not Actively Discussing A Merger, Despite Rumors
By 10.21.16 — Updated: 11.1.16
Though rumors have been swirling that luxury brands Burberry and Coach are considering a merger — leading to a spike in both companies’ stock prices — inside sources say there aren’t any active discussions happening between the two companies at the moment. [More]
7 Things We Learned About The History Of The Slurpee
By 10.21.16
This year marks the 50th anniversary of the Slurpee, which grew along with 7-Eleven to become the preeminent frozen sugary beverage in this country, and perhaps in the world. Like any product that old, the Slurpee has a fascinating history. [More]
McDonald’s Has All-Day Breakfast To Thank For Beating Earnings Expectations
By 10.21.16 — Updated: 11.1.16
McDonald’s is probably patting itself on the back right about now: the Golden Arches managed to beat earnings expectations and also achieved solid growth in same-restaurant sales for the most recent quarter. The company says the boost is due in part to its all-day breakfast menu, “McPick” promotions, and its recently revamped chicken nuggets. [More]
Wells Fargo Employees Say High-Pressure Atmosphere Caused Panic Attacks, Shingles
By 10.21.16
Wells Fargo employees caught up in the bank’s fake account fiasco lost more than their jobs if they did or didn’t meet sales goals: they also say they suffered physically and emotionally from the pressure placed on them by management to “sell, sell, sell.” [More]
British American Tobacco Offers $47B For Reynolds American
By 10.21.16
More than a decade after British American Tobacco bought a roughly 42% stake in tobacco biggie R.J. Reynolds American, the London-based company is back for the rest, offering $47 billion to create the world’s largest tobacco company. [More]
Lawsuit: Shopper’s Imprisonment In Walgreens Store Led To His Death
By 10.20.16 — Updated: 11.1.16
A Florida woman is suing Walgreens after she says her husband’s unlawful imprisonment in an Orange County store ultimately led to his death. [More]
Better Business Bureau Strips Wells Fargo Of Accreditation After Fake Account Fiasco
By 10.20.16
Wells Fargo continues to take hits following its fake account fiasco. Following the “retirement” of its CEO John Stumpf, news of a criminal investigation of identity theft, and numerous rounds of questioning by lawmakers, comes news that the financial institution has been stripped of its Better Business Bureau accreditation. [More]
More Companies Turn To Mandatory Arbitration: CreditKarma, Redbox, Kitty Bed Maker
By 10.20.16
People in a wide variety of circumstances, from drivers signing up to work for Uber to senior citizens entering a nursing home, sign mandatory binding arbitration agreements. Two popular online services have recently started to require that customer disputes go to arbitration, and a reader sent along a product purchased online — a cat bed — that came with a arbitration agreement of its own. [More]
Class Action Lawsuit Accuses Costco Of Illegally Charging Tax On Toilet Paper
By 10.20.16
Under New Jersey tax laws, it’s illegal to charge sales tax on disposable household paper products. But, according to a recently filed lawsuit, Costco hasn’t been following that rule, allegedly tacking on sales tax for toilet paper. [More]
Starbucks Planning To Open “Reserve” Coffee Bars In Up To 1,000 Cafes By End Of 2017
By 10.20.16 — Updated: 11.1.16
Report: Kroger Isn’t Interested In Buying A Few Hundred Walgreens Stores
By 10.19.16
If you know anyone who’s interested in buying around 650 grocery stores, Walgreens and Rite Aid would like to hear about it. The two drugstore chains need to find a buyer for between 500 and 1,000 stores to get their merger approved by the Federal Trade Commission, and no one is interested. [More]
Walmart Launches Free Streaming Movie Platform — But Don’t Expect New Releases
By 10.19.16
Users of Walmart’s streaming video service, Vudu, have been able to pay for TV shows and movies for years. Now, the retailer has launched a companion service that will provide customers with free streaming videos — if you don’t mind commercial interruptions and movies that are a few years old. [More]
Maker Of Krylex, Hammer-Tite, Kwix Fix Glues Stops Claiming Products “Made in USA”
By 10.19.16
Anyone can claim that their product is “Made in the U.S.A.,” but unless that product is actually manufactured in America from materials made in America, you might be breaking the law. Eight months after being sued by the Federal Trade Commission for claiming its glues are “proudly made in the U.S.A.” even though the products were made using foreign-sourced chemicals, the manufacturer has agreed to stop this faux patriotic boasting. [More]
