Costco's big butter recall, and Black Friday deals from Amazon, Walmart, and Target: Retail news roundup
Plus, shareholders sue Chipotle over its viral portion size debacle
Costco pulled nearly 80,000 pounds of its store-branded butter last month after it was found to be missing a crucial allergy warning. In fast food, it literally pays to be “friendly,” yet some chains are falling short on personal customer interactions. Amazon isn’t just outpacing retailers like Target and Walmart in the U.S. price wars – it’s also claiming the bulk of online sales. Check out those stories and more retail news highlights from this week.
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Costco (COST) recalled nearly 80,000 pounds of its store-brand butter products last month because they were missing a legally required allergy statement.
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Red Lobster is making big changes to its menu as part of its restructuring after filing for bankruptcy. Gone is the popular Ultimate Endless Shrimp deal, but the seafood chain is introducing new dishes and bringing back a fan favorite.
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Trips to retailers such as Target (TGT) and Walmart (WMT) have become a hassle, with everyday essentials locked up. Rising frustration over the practice is sending shoppers straight to Amazon (AMZN).
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Black Friday and Cyber Monday are almost here, and Amazon (AMZN) is offering discounts across a wide range of categories, giving shoppers a chance to score big on deals.
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With Black Friday and Cyber Monday fast approaching, Walmart (WMT) is offering deals across numerous categories.
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With Black Friday and Cyber Monday just around the corner, Target (TGT) is offering deals across a variety of categories.
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Amazon is winning the U.S. price wars, leaving Walmart and Target behind for the eighth consecutive year.
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Donald Trump’s re-election could spell trouble for retailers and consumers, especially if his proposal to implement major tariffs on imports comes to fruition.
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Amazon launched its Temu and Shein competitor on Wednesday, offering ultra-low-cost items and trying to entice back customers fleeing the platform for better deals.
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Chipotle Mexican Grill (CMG) is facing a class action lawsuit from shareholders who claim the company misled investors about inconsistent portion sizes, leading to higher costs and a significant dip in stock value.
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Taco Bell (YUM) is tapping into nostalgia with the return of some classic menu items, hoping to rekindle the magic for long-time customers.
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These days, convenience comes at a steep price — and ordering food straight to your door is no longer just a treat — it’s increasingly a budget buster.