Retail
Cracker Barrel drops marketing firm after logo backlash
Cracker Barrel Old Country Store has terminated its partnership with the marketing firm behind a controversial logo refresh. The decision comes amid customer backlash and raises questions about the company's future branding strategy. Shares fell following the announcement.
Walmart's sales in Mexico grow 5% in third quarter
Walmart de México y Centroamérica reported a 5% growth in third-quarter 2025 revenues, reaching 239.795 billion pesos, driven by sales in Mexico. Despite moderate consumption, the company opened new stores and bolstered its pricing strategies. However, net profit declined 9.2%.
Couple charged with theft from Ikea in Uppsala
A couple in Uppsala faces charges for filling shopping carts at Ikea but paying only for small items on seven occasions. They are suspected of stealing goods worth over 41,000 kronor by not scanning everything at self-checkouts. The man confesses to the crimes, while the woman denies the allegations.
Stockholm ICA store accused of relabeling expired meat
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An ICA store in Stockholm's Östermalm district has been exposed for systematically relabeling expired meat with new dates to sell it. The revelation comes from Aftonbladet's "200 sekunder" program and has sparked strong reactions among customers. The store's owner has initiated an internal investigation and apologizes for the routine failures.
Costco Reports Strong Q4 Earnings Growth
Costco Wholesale Corporation announced robust fourth-quarter earnings for fiscal 2025, with net sales rising 7.3% to $79.1 billion, surpassing expectations amid resilient consumer spending. The retailer also reported a membership fee increase that boosted revenue, though it faced pressures from e-commerce competition. This performance underscores Costco's enduring appeal in a challenging retail environment.
Kroger expands DoorDash delivery partnership
Kroger has broadened its grocery delivery service through DoorDash to cover over 2,200 stores nationwide. Analysts view this move as negative for rival Instacart, whose shares declined following the announcement. The expansion intensifies competition in the online grocery sector.