Japan’s Seven & i Holdings, which operates 85,000 stores, said it had received a bid from the Canadian convenience store chain Alimentation Couche-Tard.
Category: Shopping and Retail
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Kamala Harris Blames ‘Price Gouging’ for Grocery Inflation. Here’s What Economists Say.
Price increases when demand exceeds supply are textbook economics. The question is whether, and how much, the pandemic yielded an excess take.
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Retail Sales Were Up 1% in July, Easing Concerns About the Economy
Sales were up 1 percent in July from the previous month. The rise was slimmer when autos and gasoline were excluded, but market reaction was favorable.
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Walmart Sees Higher Sales From Picky Shoppers
The retail giant raised its forecasts as it attracted bargain-hunting shoppers strained by inflation, drawing in high-income households in particular.
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Who Is Brian Niccol, the Incoming Starbucks CEO From Chipotle?
Mr. Niccol, whom the coffee chain poached from Chipotle, has emerged in recent years as a top leader in the restaurant industry.
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A Place Where It Snows All Summer
At a factory in western New York, the holiday décor brand Buffalo Snow has been manufacturing blizzards for almost 40 years.
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How the Olympics Mascot, Phryge, Went From Bizarre to Beloved
Merchandise featuring the cheery red figure, which is based on a symbol of the French Revolution, has become a best seller at boutiques around Paris.
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How Beverly Nguyen Made a Name in NYC’s Fashion and Culture Scenes
Beverly Nguyen, a stylist, editor and merchant, has become a new soft power broker in New York.
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To Avoid an Economic Recession, Consumer Spending Is Key
It has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.
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Apple Workers Approve Contract at First Union Store in U.S.
The agreement raises wages roughly 10 percent over three years and guarantees benefits and severance pay.
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Watch Buyers Are on the Road Again
Swiss brands from Omega to Bulgari are expanding their travel retail offerings to match the resurgence in tourism.
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A Local’s Guide to Tasmania
A local’s guide to Tasmania, with tips on where to sleep, eat and surf.