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Francisco Velasquez

Francisco Velasquez

Quartz

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The top toy this Christmas? These contenders are leading the pack

High tech has officially arrived in Toyland – and with it the end of physical toys dominating holiday wish lists. Read more...

yesterday 7

Quartz

Francisco Velasquez

The US sues Walmart over $10 million in fees charged to delivery drivers

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart, accusing the retail giant and its partner, Branch Messenger, of...

yesterday 6

Quartz

Francisco Velasquez

Nordstrom is finally going private in a $6.25 billion deal

Nordstrom (JWN) is finally going private after 53 years of trading on the public market. Read more...

previous day 7

Quartz

Francisco Velasquez

Walmart's big 2024 is partly thanks to an age-old strategy

Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners include Walmart’sBettergoods and...

previous day 7

Quartz

Francisco Velasquez

The 10 best-selling Christmas gifts of all time

The holiday season has long been synonymous with toys, and throughout the decades, certain items have become iconic hits, bringing joy to millions and...

previous day 10

Quartz

Francisco Velasquez

The Walmart Family is handing over more control to the next generation

The Walton family, one of richest dynasties in the U.S., is now handing over more control of Walmart (WMT) to the next generation.Read more...

20.12.2024 3

Quartz

Francisco Velasquez

Walmart's gangbusters year, Starbucks' parental leave, and Taco Bell's new thing: Retail news roundup

Walmart (WMT) has delivered an exceptional year that has transformed its market position. The retailer’s shares surged more than 80% in 2024,...

20.12.2024 10

Quartz

Francisco Velasquez

Nike stock pops 9% as its new CEO starts with an earnings beat

Nike (NKE) appears to be find its footing under new CEO Elliott Hill, reporting second-quarter earnings on Thursday that were better than feared....

20.12.2024 4

Quartz

Francisco Velasquez

Diners are still obsessed with Olive Garden and Longhorn Steakhouse

Casual dining isn’t dead. Read more...

19.12.2024 9

Quartz

Francisco Velasquez

Amazon, Walmart, and Target's top 10 last minute Christmas deals

Thanksgiving, Black Friday, and Cyber Monday may be behind us, but Christmas is just around the corner – and there’s still time to find the...

19.12.2024 20

Quartz

Francisco Velasquez

Walmart had a gangbusters year

Walmart (WMT) has delivered an exceptional year that has transformed its market position. The retailer’s shares surged more than 80% in 2024,...

18.12.2024 7

Quartz

Francisco Velasquez

Amazon's 10 most viral items of 2024

In 2024, Amazon’s (AMZN) top-selling products were heavily influenced by social media, with certain categories standing out thanks to platforms...

18.12.2024 30

Quartz

Francisco Velasquez

McDonald's is testing a new store with no dine-in area

McDonald’s is hoping a new prototype store will help it stay ahead of the competition. Read more...

18.12.2024 6

Quartz

Francisco Velasquez

Americans spending increased in November — with one exception

U.S. consumer spending remained strong in November, signaling that the economy is still moving forward despite ongoing inflation concerns. Read...

17.12.2024 5

Quartz

Francisco Velasquez

Taco Bell is trying something new

Taco Bell (YUM) wants to compete with fast food giants like McDonald’s (MCD) and Wendy’s (WEN) with a new menu item: Chicken nuggets. Read more...

17.12.2024 6

Quartz

Francisco Velasquez

Amazon reportedly doesn't have room for everyone it ordered to return to the office

Amazon (AMZN) is reportedly hitting pause on its return-to-office (RTO) plans due to a shortage of office space. Read more...

17.12.2024 10

Quartz

Francisco Velasquez

Starbucks is tripling its parental leave for U.S. baristas

Starbucks (SBUX) is expanding its parental leave benefits in hopes it will keep its in-store employees around. Read more...

16.12.2024 3

Quartz

Francisco Velasquez

Starbucks is trying something new to fix its China problem

Starbucks (SBUX) is doubling down on a new strategy to reclaim its footing in China, it’s second-biggest international market.Read more...

16.12.2024 4

Quartz

Francisco Velasquez

Costco has a plan to deal with Trump tariffs

Costco (COST) is prepared to adapt if President-elect Donald Trump’s proposed tariffson imported goods are enacted, according to CEO Gary...

13.12.2024 4

Quartz

Francisco Velasquez

FTC's big win, Kroger and Albertsons big beef, and Costco's membership fee hikes: Retail news roundup

On Jan. 1, 2025, millions of U.S. workers will see a boost in their paychecks as the minimum wage increases in 21 states, according to the National...

13.12.2024 30

Quartz

Francisco Velasquez

Costco earnings top expectations as membership fees climb

Costco (COST) reported better-than-expected earnings on Thursday, fueled by solid revenue growth, strong e-commerce performance, and increased...

13.12.2024 30

Quartz

Francisco Velasquez

Online grocery sales surge to nearly $10 billion in November, study shows

The U.S. online grocery market reached a staggering $9.6 billion in sales in November, marking a 17.8% increase over the previous year. Read more...

12.12.2024 3

Quartz

Francisco Velasquez

Albertsons is suing Kroger, saying it failed to make 'best efforts' to complete the grocery merger

In a bold move, Albertsons (ACI) has filed a lawsuit against Kroger (KR), accusing the grocery giant of failing to uphold its contractual obligations...

11.12.2024 8

Quartz

Francisco Velasquez

FTC wins big as judge blocks Kroger-Albertsons merger

In a major victory for the Federal Trade Commission (FTC) and the Biden Administration, a federal judge has temporarily blocked the $25 billion merger...

11.12.2024 20

Quartz

Francisco Velasquez

Walgreens shares jump 20% on talks of sale to private equity firm

Walgreens (WBA) stock jumped more than 20% on Tuesday after reports surfaced that the pharmacy giant is in talks to sell its business to private...

10.12.2024 9

Quartz

Francisco Velasquez

Amazon's $25 flight deal is back. Here's what you need to know

Amazon’s (AMZN) popular $25 flight deal is back.Read more...

10.12.2024 2

Quartz

Francisco Velasquez

Small businesses could face $10,000 fines for missing a key reporting deadline

Small business owners that fail to meet a new federal reporting requirement could face fines of up to $10,000.Read more...

09.12.2024 2

Quartz

Francisco Velasquez

The minimum wage will increase in 21 states in 2025. Here's what to know

On Jan. 1, 2025, millions of workers across the U.S. will see their paychecks grow as the minimum wage rises in 21 states.Read more...

09.12.2024 4

Quartz

Francisco Velasquez

McDonald's E. coli closure, Cyber Monday beats Black Friday, and Chipotle raises prices: Retail news roundup

McDonald’s has officially resolved the E. coli outbreak linked to its restaurants, according to an update from the Centers for Disease Control (CDC)...

06.12.2024 10

Quartz

Francisco Velasquez

Zepbound and Wegovy are leading 2024’s weight loss prescription surge

The weight loss revolution is in full swing, with the number of patients receiving Wegovy having doubled while those receiving Zepbound have tripled...

05.12.2024 5

Quartz

Francisco Velasquez

Chipotle is raising prices again. What's behind the hike?

Chipotle (CMG) fans, brace yourselves: Burritos, bowls, and chips are about to cost more. The company is raising prices by 2% nationwide to offset...

04.12.2024 6

Quartz

Francisco Velasquez

Coca-Cola is cutting its plastic commitment, sparking criticism

The Coca-Cola Co. (KO) is scaling back its ambitious plastic reduction goals, a shift that has put environmental groups on high alert.Read more...

04.12.2024 5

Quartz

Francisco Velasquez

McDonald's E.Coli case is closed

The E. coli outbreak linked to McDonald’s has officially been resolved, the Centers for Disease Control (CDC) and Prevention confirmed in an update...

03.12.2024 5

Quartz

Francisco Velasquez

Walmart wants to help blind shoppers

Walmart (WMT) wants to make it easier for blind and low vision shoppers to navigate its stores with a new pilot program.Read more...

03.12.2024 4

Quartz

Francisco Velasquez

Cyber Monday beats Black Friday once again

Cyber Monday has once again claimed the title of the biggest shopping day of the year, reinforcing its dominance over Black Friday and setting a new...

03.12.2024 9

Quartz

Francisco Velasquez

Elon Musk's $56 billion pay package is rejected

Elon Musk’s $56 billion pay package was rejected by a Delaware judge on Monday after a motion to revise was denied. The ruling follows a legal...

03.12.2024 10

Quartz

Francisco Velasquez

Amazon, Walmart, and Target's top 10 Cyber Monday deals

The dust may have settled from Black Friday, but Cyber Monday is still here – and retail giants like Amazon, Walmart (WMT), and Target (TGT) are...

03.12.2024 7

Quartz

Francisco Velasquez

The winners and losers of Black Friday

Black Friday may be synonymous with online shopping, but this year, brick-and-mortar stores had their moment in the spotlight too. Read more...

02.12.2024 5

Quartz

Francisco Velasquez

Black Friday went online more than ever before

Black Friday has officially gone digital as customers are embracing the convenience of online shopping. Read more...

02.12.2024 4

Quartz

Francisco Velasquez

It's Black Friday, the biggest day in retail. Here's what to know

Retail’s biggest spectacle is here: Black Friday. Read more...

29.11.2024 50

Quartz

Francisco Velasquez

Trump's tariffs could make beer more expensive

Beer lovers could soon see higher prices at the checkout counter if President-elect Donald Trump’s proposed tariff plan moves forward.Read more...

27.11.2024 10

Quartz

Francisco Velasquez

Walmart's top 10 Black Friday deals under $50

Black Friday and Cyber Monday are nearly here, and Walmart is already offering bargains spanning various categories.Read more...

27.11.2024 6

Quartz

Francisco Velasquez

Best Buy says Trump's tariffs could drive up prices for electronics

Best Buy (BBY) may have no choice but to raise prices on electronics if President-elect Donald Trump’s tariff proposals on imports are implemented,...

26.11.2024 10

Quartz

Francisco Velasquez

Subway's CEO is calling it quits

Subway CEO John Chidsey will retire at the end of 2024, the company said Tuesday, bringing his five-year tenure at the helm of the global restaurant...

26.11.2024 10

Quartz

Francisco Velasquez

Amazon's top 10 Black Friday deals under $50

Black Friday and Cyber Monday are just days away, and Amazon is already offering deals across every category.Read more...

25.11.2024 7

Quartz

Francisco Velasquez

Jersey Mike's is getting an $8 billion boost. What's next for the iconic sandwich chain?

Jersey Mike’s has big plans. The beloved sandwich chain has secured an $8 billion investment from private equity giant Blackstone (BX), which has...

25.11.2024 9

Quartz

Francisco Velasquez

Today is National Shopping Reminder Day. Get ahead of the holiday chaos

The holiday season is here, and for many shoppers, that means gifts are still on the to-do list before the last-minute rush sets in. Today marks...

25.11.2024 9

Quartz

Francisco Velasquez

Macy's, T.J. Maxx, and dozens more hiked store credit card rates just before Fed cuts

To shore up their profit margins, at least 50 major U.S. retailers, including Macy’s and T.J. Maxx owner TJX (TJX), hiked interest rates on their...

22.11.2024 6

Quartz

Francisco Velasquez

Walmart's big win, Target's huge miss, and Costco's membership deal: Retail news roundup

Walmart is hitting the sweet spot with both high- and low-income shoppers. However, the retail giant is feeling the pressure from the rise of popular...

22.11.2024 10

Quartz

Francisco Velasquez

Target's earnings miss isn't about the U.S. port strike. Here's what happened

When Target’s (TGT) earnings fell drastically short of expectations on Wednesday, executives pointed to the U.S. port strike as a key factor....

21.11.2024 6

Quartz

Francisco Velasquez

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