Business News

If you thought Bed, Bath & Beyond was gone for good after filing for bankruptcy in April, think again. Bed, Bath & Beyond’s brick and mortar stores closed up on Sunday after the company wrapped up its liquidation sales. However, Overstock won its intellectual property at an auction in June and plans on merging the two companies online. “The newly launched website and app will feature the...

Amazon’s virtual health care marketplace, Amazon Clinic, is now serving customers in all 50 states. The clinic allows customers 24/7 access to third-party health care providers on Amazon’s website and mobile app. Amazon Clinic will be able to provide care for more than 30 common health concerns. The company also announced message-based consultations are available in 34 states and video visits are available nationwide. “At Amazon, we want...

Walmart shoppers will soon experience more in-store advertising. This includes ads on the screens in self-checkout lanes, announcements over the store’s radio and product sample stations. Walmart is reportedly increasing its in-store ad space as another way to capitalize on the company’s huge reach. According to CNBC, “The discounter has nearly 4,700 stores across the U.S., with roughly 90% of Americans living within 10 miles of...

E-cigarette company, Juul Labs, has presented a “next generation” vape with age verification capabilities for authorization in the U.S. According to a Juul spokesperson, the vape verifies a user’s age by pairing with a phone app that requires customers to upload their government ID and a real-time photo of themselves or have a third-party database verify their identity. Also, CNN reported, to prevent customers from using counterfeit...

This week, Amazon announced it is getting closer to its goal of making same-day and next-day delivery the standard for its Prime loyalty club members. The company said so far this year it has delivered 1.8 billion units to U.S. Prime customers the same or next day. Amazon has reportedly been working on its delivery speed for years now until the pandemic hit which led to supply...

Jell-O will be getting a refresh to its packaging as the company focuses on a new look. According to CNN, “Customers will soon see a bigger logo displayed on more colorful packaging and a stronger emphasis on its “zero sugar” appeal for some of its treats.” Jell-O had three words to describe the new look, “loud, proud and simple,” yet is still recognizable to customers. Neil Sanders,...

Just as consumers were getting used to cheaper gas prices, costs are now shooting right back up. U.S. gas prices are now at an eight-month high. The average for regular gas has reached $3.71 per gallon, the highest level since November of last year, according to the American Automobile Association (AAA). In several states, like Colorado, Arizona and more, the average gas price is $3.80 or above....

Samsung held its annual Unpacked event on Wednesday where it announced updates to its tablets, smartwatches and foldable devices and largely covered the arrival of the fifth generation foldable smartphones. The smartphones come in the 6.7 inch Z Flip5, which folds into a 3.4-inch device and the 6.2-inch Galaxy Z Fold, which opens like a book into a 7.6 inch device. Both devices are featuring better...

Coca-Cola had good news for its loyal U.S. and European customers. This week, the company announced it would not be hiking up prices for the remainder of the year in developed markets like the U.S. and Europe. For two years now Coca-Cola has been raising prices on its drinks to keep up with higher costs, CNBC reported. Coca-Cola, along with Pepsi, both reported strong sales growth...

The release of “Barbie” and “Oppenheimer” made for a massively successful weekend at the box office. Together, the movies, dubbed “Barbenheimer,” generated more than $235.5 million in ticket sales at the North American box office. “Barbie” is responsible for $155 million, brought in during its first three days in theaters and “Oppenheimer” made $82.4 million,” The Guardian reported. “Our partners in the creative community and at the...