Nike execs say it’s losing market share to brands like Hoka and On
Matt Friend, Nike’s CFO, told investors the brand will scale back its classic shoes and focus on new products.
Supply & Demand
As the race for autonomy heats up, data shows Google’s Waymo costs more than Uber and Lyft
It’s another nail in the millennial lifestyle subsidy coffin....
Trump’s Unrealistic Demand that Walmart ‘Eat the Tariffs’ - FEE
Recently, a post from President Trump on Truth Social went viral. An attempt to convince retail giant Walmart to keep prices down despite the tariffs, it read:
Dollar General raises outlook amid economic uncertainty
The stores that do well when everyone’s nervous.
Dollar General raises outlook amid economic uncertainty
The stores that do well when everyone’s nervous.
Pickleball is conquering America, next stop: The world
The world’s largest pickleball franchise is going to Japan....
Cricket has helped power an Indian streaming platform to 280 million subscribers
After launching in February, Disney-Reliance-owned JioHotstar’s subscriber numbers have exploded, rivaling that of Netflix....
From Trend to Transformation: Off-Premises Dining Now Essential for Restaurant Consumers, Operators
/PRNewswire/ -- Nearly 75% of all restaurant traffic now happens off-premises—meaning that almost 3 out of 4 restaurant orders are taken to go. New data from...
Foreign tourists are shunning the US
US tourism is on track to lose $12.5 billion in 2025
Walmart’s Kamugo, the knockoff Birkin bag, ignites “Walmès” dupe debate
Should bags be used to store value or just stuff?...
Exclusive | Starbucks Says It’s Making Progress on Quest to Fulfill Orders Faster
The coffee chain says its new technology can cut in-store wait times by two minutes, as it has been struggling with slowing sales.
Empty store shelves are coming, freighters warn
The main US entry point for Chinese goods, the Port of Los Angeles, expects one-third fewer arrivals next week compared to one year ago.
Plane tickets are getting cheaper as domestic travel demand weakens
Airlines are trimming their domestic schedules as leisure traveler demand comes in lighter than expected.
‘Conclave’ Viewership Soars After Pope Francis’ Death, Up 283% to Nearly 7 Million Minutes Watched
The death of Pope Francis has resulted in an increase in views of the movie "Conclave," which centers on the selection of a new Pope.
Can Easter find an alternative egg supply?
The kids either need to get their designs right on the first try or be cool with cheaper alternatives.
Tesla's unsold inventory is creating stockpiles you can see from space
Where have all the Teslas gone? Stored in parking lots, every one....
Chinese TikTokers are promising luxury goods directly from the factories
There is a very strong possibility these wholesalers are not legit.
Has Trump cancelled Christmas? China's decorations makers report no U.S. orders
Trump has hiked tariffs on Chinese imports to more than 104% in an escalating trade war that threatens the world's largest exporter of manufactured goods.
Market Chaos Fuels Viewing Spike for Cable Business Channels
CNBC and Fox Business both saw substantial ratings increases during trading hours late last week.
Your New Lunch Habit Is Hurting the Economy
More people are bringing lunch to work and restaurants are selling fewer lunches than they did in 2020
Brace Yourselves, Coffee Lovers! - FEE
One of the best things about being Guatemalan is growing up in a land rich in my two greatest addictions: coffee and chocolate. Life wouldn’t be the same
Airline stocks slide as concerns grow over consumers' travel appetite
A drop in consumer confidence and a decline in travel spending is weighing on travel stocks.
Chipotle Went on a Seven-Year Quest to Find Avocados Outside of Mexico
Burrito chain, heavily reliant on Mexican imports, has worked since 2018 to diversify sourcing for guacamole ingredient
The “Marvel” of Prices on Display in New York City’s Streets
New York City’s experience with congestion pricing, even if imperfectly structured, is a testament to spontaneous order—a real-world experiment showing the “marvel” of prices, as F. A. Hayek described it.
Amid tariffs, US-Canada flight bookings have tumbled 76%
Trump’s tariffs are already throttling tourism and business travel between the two countries....
Foreign tourists are snubbing the US
Canadians have reduced trips to the US amid worsening relations and others may follow.
Chips and cookies have gotten too expensive. Shoppers are buying less | CNN Business
Americans are cutting back on Doritos, Goldfish and Hostess cakes. It’s not for their health, however – it’s a sign that even small indulgences have gotten too expensive for many to afford.
Apple TV+ is losing $1b/year…likely as planned
The tech giant is expecting to lose $15 to $20 billion on its streaming business in its first 10 years, The Information reported.
We’re buying fewer little treats
The average 16-ounce bag of potato chips has gotten 29% more expensive since 2021, while overall grocery prices have risen 23%, according to government data.
The owner of Ben & Jerry’s and Magnum is ditching its sweetest business as America falls out of love with ice cream
Unilever’s entire ice cream empire is being scooped up and spun off....