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Coach parent blocked from merging with owner of Michael Kors
A US judge blocked the pending $8.5 billion merger of handbag and accessories maker Tapestry and Capri on Thursday, a victory for…
Playboy rejects $100M bid from Hugh Hefner’s son
The group that owns the fading Playboy brand on Thursday rejected a $100 million buyout offer from Cooper…
Neiman Marcus has quietly banned ‘Christmas’ from its annual gift catalog
Neiman Marcus has quietly removed the word “Christmas” from its iconic, 98-year-old annual gift catalog – and some…
Why it feels like inflation is growing faster than your paycheck
If you feel like your paycheck hasn’t kept up with inflation, you aren’t alone — and you may…
Costco’s membership card scanners are already paying off
Costco’s introduction of membership card scanners at the front of US stores is still rolling out, but the move is…
Hermès sales surge as French luxury firm leaves LVMH, Kering behind
Sales of Hermès luxury purses that can go for upwards of $25,000 jumped by more than 11% in…
Taco Bell, Pizza Hut, KFC pull onions after McDonald’s E.coli outbreak
Yum Brands said Thursday it would be removing fresh onions from its meals at select Taco Bell, Pizza Hut…
Starbucks shares tumble after warning of drop in sales, profit
Starbucks said Tuesday it was suspending its annual forecasts as new CEO Brian Niccol looks to turn around the…
Denny’s to close 150 restaurants, slash hours, menu items amid inflation woes
Denny’s is slimming down. The budget-friendly, and belly-busting chain, will close 150 underperforming locations over the next year,…
Let ’em eat steak! NYC restaurants serve up cheaper cuts to lure inflation-battered red meat fans
Record-high steak prices have forced savvy Big Apple restaurateurs to serve cheaper options — like steak frites —…