Alina Selyukh
Stories
-
National
Grocery delivery app Instacart goes public
Instacart is going public with actual profit to show for itself. But a lot of it has to do with the company's growing foray into digital advertising, not the basics of its operations.
-
Arts & Life
'Oldest start-up on earth': Birkenstock's IPO filing is exactly as you'd expect
"We are serving a primal need of all human beings," Birkenstock's CEO writes to prospective shareholders. "We are a footbed company selling the experience of walking as intended by nature."
-
Food
Twinkies are sold! J.M. Smucker scoops up Hostess Brands for $5.6 billion
For Hostess, the deal with the peanut-butter-and-jelly conglomerate is a sweet win after not one, but two bankruptcies.
-
Politics
Bud Light boycott takes fizz out of brewer's earnings
The company lost big sales in the U.S. after the boycotts over its collaboration with a transgender influencer. CEO says things have now stabilized "with signals of improvement" for the brand.
-
National
Overstock.com is revamping using Bed Bath & Beyond's name
Overstock bought Bed Bath & Beyond's intellectual property in bankruptcy court. Overstock CEO Jonathan Johnson said the company wanted Bed Bath & Beyond's name recognition.
-
National
Bed Bath & Beyond is back from the dead with Overstock.com relaunch
Online discount retailer Overstock.com has become Bed Bath & Beyond after buying the bankrupt home-goods brand. But don't expect brick-and-mortar stores to reopen or big blue coupons in the mail.
-
National
American companies report surprisingly high spending from shoppers despite inflation
Recession? What recession? The Fed is still cautious, but big brands — Kimberly-Clark, Hilton, Visa, Chipotle, Coca-Cola — are singing praises to shoppers who seem un-swayed by their higher prices.
-
Technology
FTC sues Amazon for 'tricking and trapping' people in Prime subscriptions
Federal regulators say Amazon uses manipulative techniques to enroll shoppers into Prime memberships that are purposefully hard to cancel.
-
Food
Tupperware once changed women's lives. Now it struggles to survive
The brand turned homemakers into saleswomen and became synonymous with kitchen storage. But it has relied on Tupperware parties for sales--and struggled to keep its business fresh. Is its fate sealed?
-
Business
America's debt culture is a complicated journey for some immigrants
Each swipe of a credit card is a small loan. But what if you were taught to never be in debt? For immigrants, America's reliance on credit scores often means a jarring and oddly complicated journey.