Retail News Brief

  • RetailMeNot Launches AI-Based Rewards App

  • Peloton Achieves First-Ever Profit, Yet Investors Remain Unimpressed

  • Burger King Bolsters Restaurant Brands International’s Bottom Line

  • Ohio Store Sued by Buc-ee’s Sees Growing Community Support

  • Bed Bath & Beyond Inc. Changes Corporate Name to Neighborhood Intelligence


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Retail News Brief

  • RetailMeNot Launches AI-Based Rewards App

  • Peloton Achieves First-Ever Profit, Yet Investors Remain Unimpressed

  • Burger King Bolsters Restaurant Brands International’s Bottom Line

  • Ohio Store Sued by Buc-ee’s Sees Growing Community Support

  • Bed Bath & Beyond Inc. Changes Corporate Name to Neighborhood Intelligence


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  • RetailMeNot Launches AI-Based Rewards App

    RetailMeNot is launching an AI-based rewards app, one with one key feature that shoppers are sure to love: the promise of a working code every time one is presented, rather than the oft-frustrating practice of trying multiple useless codes. “The RetailMeNot Rewards app gives consumers confidence that they’ll get verified savings while making every shopping trip more personalized,” said Magali Darling, chief commercial officer at RetailMeNot (more).

  • Peloton Achieves First-Ever Profit, Yet Investors Remain Unimpressed

    Peloton achieved its first-ever full year of net profit and operating income, yet shares fell by as much as 13% in early morning trading August 6. “We are gradually improving the trajectory of our gross adds and our connected fitness sales while we’re keeping churn flat,” said CEO Peter Stern (more).

  • Burger King Bolsters Restaurant Brands International’s Bottom Line

    Burger King’s U.S. business bolstered parent company Restaurant Brands International’s bottom line in the second quarter, with same-store sales improving by 8.5% following a turnaround effort. “Burger King’s performance is a great example of what’s possible when you invest in the fundamentals and execute well – an approach we’re applying across all of our brands,” Restaurant Brands CEO Josh Kobza said (more).

  • Ohio Store Sued by Buc-ee’s Sees Growing Community Support

    The Buc-ee’s lawsuit targeting Ohio small business Beaver’s Mini Mart is drawing a lot of attention, with the latter store now being bolstered by local (and national) support. Beaver’s Mini Mart has seen a GoFundMe so far raise $36,000 to support its legal fees, with the local residents planning a cash mob to boost sales (more).

  • Bed Bath & Beyond Inc. Changes Corporate Name to Neighborhood Intelligence

    Bed Bath & Beyond Inc. has a new corporate name, opting to go by Neighborhood Intelligence as it relocates its HQ from Murray, Utah, to Nashville, Tennessee. “The new corporate identity also helps align the market’s perception of the business with its current reality: a diversified platform built around home ownership, home services, and omnichannel retail,” CEO Marcus Lemonis said (more).

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