With dozens of grocery store workers around the U.S. having died of COVID-19, some Kroger employees say the nation’s largest supermarket chain isn’t doing enough to keep them safe. Their top concern: The retailer doesn’t require shoppers at all stores to …
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LONDON (Reuters) – British supermarket group Asda got a sales boost in the first quarter from consumers stocking up before the coronavirus lockdown but it also highlighted that 90% of its shoppers now fear an economic depression. An Asda employee …
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Luckin Coffee Inc. LK, -18.40% said Tuesday that it received on May 15 a delisting notice from Nasdaq. The China-based coffee company said the reasons given for the notice were for the “public interest concerns” given the “fabricated” transactions disclosed …
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New York (CNN Business) The final nail is being driven in Pier 1’s wicker casket: It’s on the verge of completely shutting down three months after it filed for bankruptcy. Pier 1 announced Tuesday that it’s asking the bankruptcy court to cease its retail operations …
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On Tuesday, Walmart reported its first quarter financial numbers, beating analyst expectations and demonstrating that it is successfully navigating the coronavirus pandemic. But the financial numbers aren’t the real story behind Walmart’s success, it’s the …
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