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Kroger Closes 3 Automated Fulfillment Centers

Kroger said it will close facilities in Pleasant Prairie, Wis.; Frederick, Md.; and Groveland, Fla., in January, and will monitor the performance of its five remaining facilities.

November 18, 2025

爱豆传媒 Depot Lowers Forecast on Weak Housing Market

爱豆传媒 Depot's third quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers and a housing market that is in a deep funk.

November 18, 2025

Walmart CEO Doug McMillon to Retire in 2026

Walmart CEO Doug McMillon, who over a decade ushered the big-box behemoth into the internet age, will retire in February. He鈥檒l be replaced by U.S. head John Furner.

November 14, 2025

Trump Asks Justice Department to Probe Meatpacker Prices

President Trump asked the Justice Department to start an investigation into the meatpacking industry, accusing it of driving up the price of beef through collusion and other means.

November 7, 2025

Layoffs Rise to Highest Level Since 2003

"This comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes,鈥 Challenger, Gray & Christmas said in the report.

November 6, 2025

Building Materials Carrier BlueLinx Acquires Disdero Lumber

BlueLinx Holdings has expanded its western U.S. footprint with the $96 million acquisition of Disdero Lumber, an Oregon distributor of premium specialty wood products.

November 4, 2025

Amazon Demands Perplexity Stop AI Tool's Purchasing Ability

Amazon has sent a cease and desist letter to Perplexity AI demanding that the AI search startup stop allowing its AI browser agent, Comet, to make purchases online for users.

November 4, 2025

Meatpacker JBS to Pay $1.1 Million to Settle N.Y. Climate Suit

The state alleged JBS misled the public about reducing the impact of its operations on the environment. JBS said the settlement 鈥渄oes not reflect an admission of wrongdoing.鈥

November 4, 2025

Uber Misses Estimates Even as Rideshare, Delivery Trips Soar

Operating income for the three months ended Sept. 30 came in at $1.11 billion, the company said in a statement Nov. 4. Analysts were expecting $1.62 billion.

November 4, 2025

Cloud Computing Growth Pushes Amazon Earnings Higher

Analysts are assessing Amazon's results, along with other retailers' earnings performances, to get insight into how shoppers are spending heading into the holiday season.

October 31, 2025