Alina Selyukh
Stories
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Business
Bernie Marcus, Home Depot co-founder who pledged to give away his billions, has died
A man of second acts, Marcus started Home Depot after getting fired from another retailer. He then became a philanthropist, a Republican megadonor and an evangelist of capitalism.
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Food
Why Starbucks is losing sales, and what it's doing about it
Shoppers complain that Starbucks isn't fancy enough — but they also say it's too expensive. The new CEO, Brian Niccol, is ordering up change.
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Business
FTC orders companies to make canceling subscriptions as easy as signing up for them
A new government rule says canceling subscriptions and memberships has to be as easy for consumers as signing up for them.
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National
Canceling subscriptions has to be as easy as signing up, FTC says in a new rule
The "click-to-cancel" rule, now finalized by the Federal Trade Commission, aims to make it easier to cancel subscriptions and memberships. Companies argue the agency overstepped its authority.
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Business
CVS and Walgreens are ailing. Here’s why
America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role in our lives.
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National
Walgreens will close 1,200 stores, hoping for a turnaround
Walgreens says about a quarter of its stores are unprofitable. Big pharmacy chains are struggling with growing retail competition and lower prescription payouts.
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Business
It's Spirit Halloween season. How does the retailer stay afloat year-round?
Spirit Halloween has been a fixture in the seasonal market, with its huge seasonal presence and pop-up stores. We'll take a look at the operation and its move into the Christmas market.
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Business
At its lowest point in years, Nike strives to recover from slumping sales
Nike is bringing a former executive out of retirement to be the new CEO. The company reports to Wall Street on Tuesday just how bad things are.
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Food
Tupperware, no longer a kitchen staple, files for bankruptcy
Tupperware's reliance on people selling its storage containers at home-and-garden parties or through social media was once its strength. Now it's a weakness, the company says in its bankruptcy filing.
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National
Shein and Temu face a big change to how they ship cheap Chinese goods
New White House rules would close a tax loophole that lets Shein and Temu cheaply ship from China to American shoppers. The Biden administration says it undercuts U.S. workers, retailers and manufacturers.
