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Walgreens Plans ‘Significant’ Store Closures, Citing Weak Consumer Spending
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The Wall Street Journal - Business
Walgreens Plans Major U.S. Store Closures; Shares Tumble
Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO’s plans and the company lowered its guidance for the full year. -
ABC News - Health
Walgreens to take a hard look at underperforming stores, could shutter hundreds more
Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years -
CNBC - Business
Walgreens stock plunges as drugstore chain slashes profit guidance in 'challenging' consumer environment
The results and guidance cut come as Walgreens works to slash costs by closing underperforming U.S. stores, among other measures. -
CNBC - Business
Inside Starbucks' plans to improve stores for customers and baristas
Starbucks is rolling out changes to barista workflows as it tries to reduce customer wait times. -
NBC News - Top stories
Here's how Starbucks plans to improve its stores
Starbucks cafes across the country are starting to change how they make drink orders to reduce long wait times that have dogged the chain. -
CNBC - Business
Inflation isn’t stopping people from dining out, but consumers are getting savvy with spending
Even though inflation has slowed significantly, consumers still feeling the financial squeeze are opting for takeout, value meals and happy hour deals. -
Financial Times - World
How to spend it in July
Where to shop, eat and visit this midsummer -
The Guardian - World
US supreme court ruling could make it harder to prosecute January 6 rioters – and Trump
Court rules prosecutors overstepped in bringing obstruction charges against Capitol rioters. Conservative bloc. Alito – Majority. Barrett – Minority. Gorsuch – Majority. Kavanaugh – Majority. Roberts – Majority. Thomas – Majority. Jackson – ...Donald Trump -
The New York Times - Top stories
Trump Moves to Overturn Hush-Money Conviction, Citing Immunity Decision
Former President Donald J. Trump took the action hours after a U.S. Supreme Court ruling granted him immunity for official acts committed in office.Donald Trump
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The New York Times - Business
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USA Today Editor in Chief Terence Samuel Is Stepping Down
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Meta’s Ad-Free Subscription Violates Competition Law, E.U. Says
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Boeing Agrees to Buy Spirit AeroSystems, a Longtime Supplier
The multibillion-dollar deal will reverse a decision the plane maker made two decades ago to outsource production of key parts to independent suppliers. -
The New York Times - Business
China Dangled Rebates to Lure People to Spend. It’s Not Enough.
China’s leaders vowed to kick-start spending by offering subsidies for households to buy cars and appliances. But many consumers aren’t biting.China