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Retailers report more cases, greater losses due to organized theft
Organized retail crime keeps growing, the National Retail Federation has found, with 75% of retailers that have been victims saying activity is up. Losses averaged $719,548 per $1 billion in sales, which is up 2% over 2019. It’s the fifth c.....»»
Legal Sea Foods sells more than 25 restaurants to PPX Hospitality Brands
This article first appeared on MassLive.com. An iconic Massachusetts chain has sold its more than 25 restaurants. Legal Sea Foods Restaurant Group, which first opened as a fish market in Cambridge 70 years ago, sold to Medford-based PPX Hospit.....»»
The Wall Street Journal: Intel, Cisco, Nvidia among victims of SolarWinds hack
The suspected Russian hackers behind breaches at U.S. government agencies also gained access to major U.S. technology and accounting companies, at least one hospital and a university, a Wall Street Journal analysis of internet records found......»»
YouTube and Instagram influencers share their playbooks for making money despite the ad downturn
Christina Vidal The ad business has been hurting for influencers in recent weeks as brands cut marketing budgets to save on costs or to avoid appearing tone-dea.....»»
Hamilton Beach shares fall on Mexico accounting irregularities
Shares of Hamilton Beach Brands Holding Co. fell Monday after the company said it found accounting irregularities at its Mexican unit......»»
American Brands That Might Not Survive the Coronavirus
Businesses of all sizes in America are facing an unprecedented crisis as a result of the COVID-19 pandemic. A U.S. Chamber of Commerce report found that 43% of small businesses believe they will not........»»
China"s Alibaba launches "outlet" platform to shift luxury overstock
Chinese e-commerce giant Alibaba Group Holding Ltd has launched a new luxury platform targeting younger consumers that also aims to help high-end brands shed excess inventory built up during the global coronavirus lockdown......»»
Victoria’s Secret to be spun off after $525 million sale falls through
L Brands, which owns lingerie seller Victoria's Secret, said it has agreed to end a February deal that would have sold a controlling stake of Vict.....»»
Hershey sells Krave back to Sonoma Brands, Forbes reports
Five years after acquiring jerky and meat-snack maker Krave for $218.7 million from Sonoma Brands, The Hershey Co. has sold it back to the California-based company for an undisclosed sum, Forbes reported on May 4. Krave had been operating under A.....»»
Making money from Instagram livestreams, inside the invite-only app Community, and social-media guidelines for brands during a health crisis
Henry Kornaros/Elena Taber. Welcome back to this week's Influencer Dashboard newsletter! This is Amanda Perelli, writing to you from home, and here's an update on what's new in the business of influencers and creators......»»
Trump praised himself and his government almost four times more during his coronavirus briefings than he expressed empathy for victims or appealed to national unity
AP Photo/Alex Brandon A New York Times analysis has found that Trump uses his coronavirus briefings to praise himself and his government's response, far more than he pr.....»»
Jack Dorsey reportedly felt so betrayed that Instagram sold to Facebook that he deleted the app and hasn"t posted since (FB, TW)
AP Images Twitter and Square CEO Jack Dorsey hasn't posted to Ins.....»»
Emerging retail brands capitalize on e-commerce roots in shutdown
Retailers are getting innovate as they shift their strategies on the fly in light of COVID-19. A key space is Instagram, where transparency, celebrity partnerships and wellness messaging see big rewards in the moment......»»
KFC owner Yum Brands breaks junk debt market"s four-week fast
Yum Brands Inc , owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold $600 million in bonds on Monday, reopening the U.S. market for junk-rated debt issues after its longest lull since the 2008 financial crisis......»»
KFC owner Yum Brands breaks junk debt market"s fast
Yum Brands Inc , owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold $600 million in bonds on Monday, reopening the U.S. market for junk-rated debt issues after its longest lull since the 2008 financial crisis......»»
America’s Favorite Coffee Brands
Years ago, most packaged supermarket coffee — nearly always pre-ground — was sold under such brand names as Folgers, Maxwell House, Yuban, Hills Bros., Eight O’Clock, and Chock Full........»»
IKEA to sell through third party for first time on Tmall in China
IKEA on Tuesday started selling its products on Alibaba's Chinese e-commerce platform Tmall, the first time the world's biggest furniture retailer has sold through a third party in its 77-year history......»»
IKEA tests selling through third party for the first time, on Tmall in China
IKEA on Tuesday started selling its products on Alibaba's Chinese e-commerce platform Tmall, the first time the world's biggest furniture retailer has sold through a third party in its 77-year history......»»
8 startups making cool backpacks for adults — from $40 basics to $900 splurges
Backpacks usually tend towards pure style or pure practicality. The perfect one balances both. We found eight brands making stylish backpacks that can.....»»
Businesses are selling face masks for hundreds of dollars to profit off of the coronavirus and authorities are cracking down
Getty Images Face masks are being sold for hundreds of dollars and New York City has cracked down on predatory pricing. Businesses found to be taking advantage of coronavirus fears by price gouging sanitary .....»»