Longtime mall retailer Express filed for Chapter 11 bankruptcy protection on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it. Express, whose portfolio includes its namesake banner, Bonobos and UpWest, said it will close 95 of its...
USA Cricket Vice-Captain Aaron Jones poses next to a giant cricket ball, installed at a marketplace to mark 100 days to go for the ICC Men's T20 World Cup, in Miami, Florida, on Feb. 22, 2024.Chandan Khanna | Afp | Getty ImagesA major cricket world cup is coming to...
A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023.Jeenah Moon | The Washington Post | Getty ImagesA highly popular group of weight loss and diabetes drugs is decreasing some consumers' appetites — and also how much they spend on food.Most people...
Kelcey Smith displays UAW buttons in Chattanooga, Tennessee on April 10, 2024. Kevin Wurm | The Washington Post | Getty ImagesVolkswagen workers in Chattanooga, Tennessee, have overwhelmingly voted to join the United Auto Workers — marking a major milestone for the union and its first successful organizing drive of an...
Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los Angeles, the company confirmed Friday.The athletic apparel retailer filed a WARN notice with the state's Employment Security Department on Thursday, notifying it of its plans...
Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it's eyeing restaurant partnerships in its next phase of growth.The San Francisco-based startup designs, builds and operates autonomous delivery drones, working with clients that range from more than 4,700 hospitals, including...
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023Saul Loeb | AFP | Getty ImagesThe head of the Federal Aviation Administration on Friday said the agency will increase the required amount of...
In this photo illustration, Pantene and Head & Shoulders hair products are displayed on July 28, 2023 in San Anselmo, California. Justin Sullivan | Getty ImagesProcter & Gamble on Friday reported mixed quarterly results but raised its full-year earnings outlook.Shares of the company were roughly flat in premarket trading.Here's what P&G...
The best way to get investors to stop focusing on something is to stop telling them at all.Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025.This is a significant change for the company and for...
A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesThe Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids, it announced on Thursday. CEO Erik...