July 2023

This week, Subway started freshly slicing its meat in its own deli, the biggest change the chain has made in two years. The sandwich industry’s competition has ramped up during the last couple years, according to CNN, and Subway is struggling to keep up. Now, about 80% of store locations will be displaying the pricey meat slicer near the deli counter so customers can watch their...

The well-known weight loss brand, Jenny Craig, will be revived this fall completely online. In May, Jenny Craig reportedly “went bust” after more than 40 years in business according to CNN. Competition from trendy diets and a rise in the use of weight loss drugs like Ozempic and Mounjaro are to blame. One major component of Jenny Craig’s revival is the program will be completely online, its...

Consumers are finally experiencing some relief from the sky-high gas prices they endured last summer. According to AAA, a record number of people will be traveling this Fourth of July. But, the good news is that gasoline prices are much lower than they were last year and many consumers are not sacrificing their holiday travel plans. Last Thursday, the national average for gas was $3.55 per gallon,...

Battery power is not only booming in the auto-industry. Battery-powered tools used for landscaping are becoming increasingly popular as many companies make the transition from gas power. According to CNBC, Home Depot and Lowe’s have been struggling with weaker store traffic, but electric-powered outdoor tools could be the saving grace for these home improvement stores. “Home Depot posted its worst revenue miss in 20 years for...