The beverage and snack company is under increasing pressure to grow its business in North America, as consumers cut costs and calories.
Category: Consumer Behavior
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Shifting Eating Habits Push PepsiCo to Weigh Options, Including a Split
The New York Times – Business: -
Can Bergdorf Goodman Return to Its Golden Age?
The New York Times – Business:Bergdorf Goodman, which has survived two bankruptcies in six years, is getting back to its white-glove origins.
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These Taste Testers Have Four Legs and Picky Palates
The New York Times – Business:Global pet food makers chasing a growing market are pouring big money into studying the taste buds of dogs and cats.
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High Interest Rates Aren’t Slowing the A.I. Boom. That’s a Problem for the Fed.
The New York Times – Business:Rising borrowing costs are taking a toll on households and businesses. But they are doing little to dampen enthusiasm for investments in A.I. infrastructure, which are contributing to inflation.
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Pay Advance Apps May Be Costlier Than Workers Think
The New York Times – Business:The loans tide borrowers over until their next paycheck. The apps offer no-cost options, but most users end up paying high fees, a report finds.
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Starbucks to Close 250 Stores in the US
The New York Times – Business:The company said the affected cafes did not meet financial or customer service expectations.
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At DraftKings, AI Targets the Gamblers Likeliest to Lose
The New York Times – Business:Data science helps determine who receives betting incentives, but the company has resisted using similar technology to protect gamblers at risk of addiction.
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Use of GLP-1s Like Ozempic Is Forcing Food Companies to Adapt
The New York Times – Business:People on medications for weight loss are buying less food, shrinking their portion sizes and purchasing smaller clothes. Businesses are trying to adjust.
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How to Lure the Spendy and the Thrifty? Bring On the ‘Barbell.’
The New York Times – Business:Restaurant chains are trying to draw in both kinds of consumers by offering low-cost and more-premium options at the same time.
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Why Cheap Used Cars Are So Hard to Find
The New York Times – Business:A three-year-old car was the sweet spot for buying used cars, since they have passed the peak of depreciation. But they now average about $33,000.
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Dollar Tree and Dollar General Report Sales Gains as Shoppers Cut Costs
The New York Times – Business:Dollar General and Dollar Tree each reported gains in sales and store traffic on Thursday as higher gas prices forced shoppers to pare back.
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Why Your Next Long-Haul Layover May Be in Seoul, Not Dubai
The New York Times – Travel:The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.