Uber to shutter Drizly liquor delivery serviceUber is pulling the plug on a Boston-based alcohol delivery platform it purchased for $1.1 billion. Brand Finance: Apple is world’s most valuable brandU.S. companies dominated the upper tier of an annual ranking of the world’s top 500 most valuable and strongest global brands. U.S. online grocery sales down 1.2% in 2023 year-over-year The U.S. e-commerce grocery market edged down in 2023 amid a decline in order frequency by online grocery shoppers. Study: Consumers undeterred by stricter policies as returns continue to increase Higher restocking and shipping fees and shorter windows aren’t stopping customers from making returns, which are eating into retailers’ profitability. CEO of Pottery Barn Brands to retire The leader of the Pottery Barn brands portfolio is stepping down. More Rite Aid store leases are coming up for sale A&G will be handling transactions for those and 47 other previously announced leases. Sparse space, high rents will continue to plague retailers in 2024 CoStar reports that 82 million square feet of new construction in 2022 fell to 46 million square feet in 2023. Red Sea disruption causing higher ocean-freight costs, shipping delays Disruptions caused by attacks on cargo ships in the Red Sea have once again created volatility in retail supply chains. Amazon reportedly cuts staff in audiobook/podcast division The latest round of layoffs at Amazon is hitting its Audible audio content organization. Gap makes two C-suite appointments The new CEO of Gap Inc. has made his first executive appointments — with one joining the chain from his prior company. First Previous 255 256 257 258 259 Next Last
