Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines
Dine Brands hopes to boost sales this year with a wider swath of value meals and buzzier advertising after a rough 2024 for Applebee’s and IHOP. “We had a soft year…
Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working
Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to…
Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction
Rare pieces of memorabilia from two of the National Basketball Association’s biggest icons are hitting the auction block and are expected to sell for a combined $20 million. Sotheby’s announced…
Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working.
Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to…
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely involve scaling back at least part of…
Starbucks poaches Nordstrom CFO as executive shake-up continues
Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri. The executive change is the latest for Starbucks after Brian Niccol joined…
How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise
Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming halt in 2019. A less-than-three-minute trailer released…
Domino’s Pizza finally launches stuffed crust to keep customers away from rivals
Domino’s Pizza is finally releasing its own version of stuffed crust on Monday, aiming to win over the customers who are willing to spend more on the pricey pizza customization. Thirty…
Treasury Dept. will not enforce ownership information reporting for millions of businesses
The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or BOI, reporting requirements for millions of domestic businesses. Enacted via…
In wake of L.A. wildfires, a diverse small business community looks to rebuild
When the Los Angeles wildfires swept through Southern California in January, Barbara Shay lost much more than the building housing the cafe she owned. Gone were the ingredients for menu…