1. Channel: Restaurants

McDonald’s Middle East Troubles: Sales Stumble From Boycotts

Written by Posted on Less than 0 min read

McDonald’s has been struggling a bit lately, particularly in the Middle East. The fast-food giant’s quarterly report from 2023 showed that its sales are growing at a snail’s pace in this region.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Department & Category

Sonic Introduces Peanut Butter Burgers to Its Menu

Sonic Drive-In, the popular fast-food chain, is introducing a new combination to its menu: a peanut butter and bacon cheeseburger. View Original Article Dept. Grocery RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas loses lawsuit over luxury designer’s use of stripes

Adidas failed to convince an eight-person jury in New York that Thom Brown infringed on its trademark when the luxury designer used four stripes in its designs. Adidas, which is known for its three-stripe sneakers, said that the Thom Browne designs were similar to its own. View Original Article Dept. Apparel Legal & Criminal RetailWire […]
< 1 min read
0
  1. Media & Marketing

ByteDance preps new U.S. app launch despite TikTok ban talk

ByteDance, the parent company of TikTok, has begun trying to drum up interest in a new social media app focused on fashion, food and wellness. The new Lemon8 platform is trying to recruit creators before it officially rolls out in the U.S. later this year. ByteDance is under pressure to cut its alleged ties with […]
< 1 min read
0
  1. Trends & External Forces

Microsoft Cuts 1,900 Jobs Within Activision Blizzard and Xbox Divisions

The tech company, Microsoft Corporation, recently declared significant layoffs within its gaming division, affecting the Activision Blizzard and Xbox units. View Original Article Gaming Technology & Innovation Weather RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 […]
< 1 min read
0
  1. Department & Category

Bill Gates-Backed Alternative Fuel Startup Powers Energy for Amazon, American Airlines

Infinium, an alternative fuel startup backed by Bill Gates and based in Sacramento, California, has set out to create low-carbon alternatives to aviation fuel, diesel, and Naptha. View Original Article Amazon Dept. Fuel Sustainability RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon Ends Drone Delivery in California, Here’s Where It’s Going Next

This new location will allow for quicker, same-day delivery. View Original Article Delivery Amazon Store Location RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond came very close to going out of business

Bed Bath & Beyond was on the verge of liquidating its business before it struck a deal with a hedge fund to avoid bankruptcy. Lenders to the chain were reported to be in favor of liquidating the business but were convinced to hold back when told of the human cost — 30,000 people out of […]
< 1 min read
0
  1. Media & Marketing

Elon Musk’s X Needs Creators But Isn’t Yet Meeting Their Needs

The social media platform X, previously known as Twitter, has been putting efforts into capturing the creator market. However, creators say X still has a long road ahead to become a main source of revenue for them. View Original Article Marketing: Social Media Twitter ESG and CSR RetailWire Member since October 25, 2020 Loading + […]
< 1 min read
0
  1. Associates & Employees

Amazon’s workers head back en masse to their offices in Seattle

This week marks the beginning of Amazon.com workers returning to their offices at least three days a week. The return of Amazon workers will bring thousands of people to Seattle’s downtown. Not all Amazon employees are happy with the new plan. A signed petition by workers claims that at least 30,000 did not agree with […]
< 1 min read
0
  1. Channel: Mass

Walmart tempers outlook following strong holiday quarter

Walmart had a very good Christmas. Same-store sales, excluding fuel, at the retailer’s namesake chain increased 8.3 percent in the fourth quarter and comps at Sam’s Club jumped 12.2 percent. The retailer expects that sales will rise two to 2.5 percent this year with adjusted earnings per share falling between $5.90 and $6.05. View Original […]
< 1 min read
0
  1. Operations & Supply Chain

Walmart leans into grocery as customers cope with inflation

Americans have shifted purchases away from discretionary items to everyday staples. This has increased Walmart’s focus on groceries and other non-discretionary categories. “If customers want more of something and less of something else, we shift our inventory,” said Walmart CEO Doug McMillon. “If the economy is strong, our customers have more money and that’s great. […]
< 1 min read
0
  1. Trends & External Forces

Lawsuit Alleges 23andMe’s Data Breach Targeted Jewish and Chinese Users

In 2023, a data breach took place between May and September at 23andMe, the DNA testing company. It was recently found that specific users of Chinese or Ashkenazi Jewish descent were seemingly targeted in the breach. View Original Article Data & Insights Legal & Criminal RetailWire Member since October 25, 2020 Loading + Follow Following […]
< 1 min read
0
  1. Trends & External Forces

Hermès Handbag Class Action Lawsuit Filed in California

A class action lawsuit has been filed against luxury brand Hermès, alleging violations of antitrust laws in California. View Original Article Legal & Criminal Government RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling […]
< 1 min read
0
  1. Technology & Innovation

Target Introduces New Express Self-Checkout Nationwide

Target has announced the launch of its new self-checkout policy, set to commence next week across all stores. View Original Article Target Brick and Mortar Tech: Cashierless RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years […]
< 1 min read
0
  1. Channel: Mass

Walmart Is Stripping Some Stores of Self-Checkout Lanes and Bringing Back Cashiers

Walmart is removing self-checkout lanes from at least three stores in Albuquerque, New Mexico, replacing them with staffed checkout counters to enhance the shopping experience. Walmart spokesperson Josh Havens stated that the move is part of their continuous effort to improve customer service. The company has also previously mentioned plans to provide hands-on assistance to… […]
< 1 min read
0
  1. Trends & External Forces

Retailers use layoffs as a hedge against potential downturn

Saks Off Fifth laid off an unspecified number of workers on Tuesday. Saks.com cut about 100 workers from its payroll. Stitch Fix, Wayfair and others have also cut job cuts the start of 2023 as they attempt to operate profitably. “Retailers are really being cognizant of capital preservation,” said Catherine Lepard, who leads the global […]
< 1 min read
0
  1. Corporate Finance

Wayfair loses more than a million customers

More than a million fewer customers purchased products from Wayfair last quarter, a decrease of 22.6 percent year-over-year. The online furniture retailer’s sales fell nine percent during the quarter, which led to a loss of $283 million. “Wayfair’s business isn’t working and it is losing an extensive amount of market share,” said Neil Saunders, an […]
< 1 min read
0
  1. CPG & FMCG

Dove Reveals New Body Wash Line

Dove, the renowned skincare brand, is stepping up its game in the body care department with its latest offering — the Serum Body Wash collection. View Original Article Unilever RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond files price gouging complaint against ocean carrier

Bankrupt Bed Bath & Beyond has filed a complaint with U.S. maritime regulators alleging that Orient Overseas Container Line engaged in “brazen price gouging and profiteering” to the tune of $31.7 million in extra freight charges. The company seeks to recoup the costs as it goes through its bankruptcy proceedings. View Original Article Operations & […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond isn’t sure it can keep the lights on

Bed Bath & Beyond said there is “substantial doubt about the company’s ability to continue” as the retailer has seen further declines in customer traffic and sales. CEO Sue Grove said Bed Bath & Beyond is committed to its transformation plan and expects to make continued progress in the coming quarters. View Original Article Shoppers […]
< 1 min read
0
Next