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CNN —The McRib is returning to menus this holiday season – but don’t get used to it. Essentially, consumers don’t know when it will show up next — and that element of surprise also drives demand. “It creates this sense of urgency that you have to get it now because you don’t know when it’s coming back. You don’t know if it’s coming back,” Henkes said. It’s so popular that the McDonald’s website listed “Why isn’t the McRib sold year-round?” as a frequently asked question.
Persons: McDonald’s, Nacho Fries, hasn’t, , Michael Della Penna, Stephen Zagor, David Henkes, Technomic, it’s, ” Henkes, Henkes, Brian Niccol, Zagor Organizations: CNN, Columbia Business School, Starbucks, Facebook, Locations: Kansas City
CNN —A coffee shop in Middleborough, Massachusetts, went viral overnight for offering free coffee to customers who entered the shop while dancing. Owner Josh Rashid told CNN that business picked up after the video was posted, attracting curious new customers while delighting cafe regulars. The sign posted outside of Coffee Milano Cafe informing customers of the promotion. Coffee Milano CafeInspired by a similar promotion by a pizza shop, Rashid posted a sign telling customers they would receive a free coffee if they danced for five seconds. “You’ve got to have some joy in this world, and if a little five second dance brings you joy, then it’s worth the free coffee.”
Persons: Josh Rashid, , ’ ”, Rashid, , Kristyn Shay, “ It’s, ” Rashid, ” Shay, it’s, “ You’ve Organizations: CNN, Coffee Milano Cafe, SCORE Locations: Middleborough , Massachusetts, Middleborough, Coffee
Barnes & Noble is making a comeback
  + stars: | 2024-11-16 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +6 min
In a move that’s perhaps more symbolic than business-minded, Barnes & Noble, America’s largest retail bookseller, has reclaimed the flagship store it vacated in 2013. But Barnes & Noble would revamp its business model. “The problem with Barnes & Noble when I took it over was that the bookstores themselves weren’t very good,” Daunt told CNN. Foot traffic data for Barnes & Noble show that visits are up by 7% since 2019, according to location analytics company Placer.ai. Shannon DeVito, head of books at Barnes & Noble, says that beyond reigniting a love for reading, the BookTok trend has guided stores on what to stock.
Persons: Barnes, Noble, It’s, James Daunt, , Barnes & Noble, ” Daunt, , , we’d, influencers, Shannon DeVito, Kendra Keeter, Gray, it’s, Gray Barnes, ” DeVito, “ It’s, Harry Potter, we’ve, DeVito Organizations: CNN, Sales, Barnes &, Barnes, Amazon, Amazon Books, Kendra Locations: Washington, DC, Georgetown, Washington , DC, , Barnes
CNN —Ford is being fined up to $165 million after the National Highway Traffic Safety Administration ruled the company moved too slowly in recalling cars with faulty rearview cameras. The agency’s consent order says Ford failed to issue a “timely recall” and did not submit quarterly reports on time. The models covered by the Ford recall included the 2020 Ford Edge, Escape, Expedition, Explorer, F-150, Mustang, Ranger and Transit, as well as the Lincoln Corsair and Nautilus. Of the $165 million civil penalty fined by NHTSA, Ford must immediately pay $65 million up front. Ford and the NHTSA will meet quarterly to ensure its compliance with the terms of the consent order.
Persons: CNN — Ford, Ford, Maria Buczkowski, Sophie Shulman Organizations: CNN, Traffic Safety Administration, NHTSA, Ford, Lincoln Corsair, Nautilus
Americans are doom spending
  + stars: | 2024-11-10 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +7 min
While this kind of catharsis might work to temporarily allay worries, experts say doom spending poses a danger to consumers’ long-term financial health. Joe Raedle/Getty ImagesThat financial gloom is powering doom spending and, in turn, driving up credit card debt. Beyond the economy, experts say that internet habits play a significant role in driving doom spending, especially for younger consumers. But Alev says that she anticipates a pop in spending whether Americans feel positively or negatively about the outcome of the election. How do you curb doom spending?
Persons: , Gen, “ We’re, Courtney Alev, , Alev, Donald Trump, Trump, Kamala Harris, , Sertan Kabadayi, Joe Raedle, Bankrate, Aja Evans, ’ ” Evans, hasn’t, ” Alev, Jeff Roberson, Biden, Evans Organizations: CNN, Wheaton College senior, YouTube, Credit, Gallup, Fordham University’s Gabelli School of Business, Federal, Federal Reserve Bank of Philadelphia, Finance, Brookings Institution Locations: Massachusetts, Miami , Florida, West Palm Beach , Florida
(CNN) – Margaret Atwood’s “The Handmaid’s Tale,” a novel set in a totalitarian society, has shot to the top of Amazon’s bestselling books list following Donald Trump’s reelection. Former president Trump clinched a victory against Vice President Kamala Harris in Tuesday’s election, securing a second term, non-consecutive after he lost in 2020. “The Handmaid’s Tale” takes place in a theocratic, male-dominated future America where the US Constitution is suspended, media is censored and women (the titular “handmaids”) are forced to bear children for the ruling class. Many have harnessed comparisons to Atwood’s classic in the lead-up to the election, particularly around the topic of reproductive rights. Calm drew attention on social media after airing ads that gave viewers “30 seconds of silence” amid continuous election coverage.
Persons: – Margaret Atwood’s “, , Donald Trump’s, Trump, Kamala Harris, Harris, Roe, Wade, handmaids, Barack Obama, Valerie Jarrett, Joe Biden’s, Hillary Clinton, Atwood, X, It’s, Brett Kavanaugh’s, George Orwell’s “, Ray Bradbury’s, Melania Organizations: CNN, Barnes, Trump, US Supreme, MSNBC, Apple Locations: skyrocketing, Tuesday’s, America
CNN —The trading card industry has gone to the dogs — literally. Topps’ “Stars of the Show” relics will feature authentic cut-up pieces of the winning dog’s “Best in Show” ribbon. Even rarer are the seven one-of-a-kind cards that include the handler’s purple winner’s lapel fully inserted into the card. “What the cards do is they capture a moment and connect you with a hero,” said Clay Luraschi, Topps’ senior vice president of product. Making a legacy brand accessibleThe Westminster Dog Show, first held in 1877, is America’s second-oldest continuous sporting event and predates the invention of both the lightbulb and the automobile.
Persons: pooches, , , Clay Luraschi, Luraschi, Don Sturz, it’s, ” Sturz, Allen, Sturz, they’re Organizations: CNN, Topps, Westminster Kennel Club, Madison Locations: Westminster
“Buying gold has never been easier and more accessible.”While gold, typically invested in as a hedge against inflation, has shined this year, there are plenty of things to know before investors join the gold rush. How do you actually go about buying gold? Another consideration when buying gold in the retail market is how the sticker price of the bullion compares to the spot price of gold. But Cavatoni advises having a “round-trip mentality” when purchasing physical gold, emphasizing the importance of the selling stage as much as the purchase process. On the other hand, gold-backed ETFs free consumers from the considerations that need to be made when purchasing physical gold.
Persons: , Joseph Cavatoni, , Cavatoni, “ It’s, ” Cavatoni, prudently Organizations: CNN, Costco, World Gold, of Labor Statistics Locations: China, India, Turkey
Amazon Prime wants to help you save on gas
  + stars: | 2024-10-24 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +3 min
CNN —Prime members can now add “fuel discounts” to their ever-growing list of benefits. Members can avail themselves of the discount by linking their Amazon account to Earnify, a loyalty program app by BP. Amazon’s newest savings benefit could alleviate some of that potential grief for its over 184 million Prime subscribers. How Amazon is retaining its leadFuel and energy probably isn’t the first sector to come to mind when you think of Amazon, but analysts say that the recent inclusion of gas savings doesn’t come as too much of a surprise. “Other retailers are still playing catch up to Amazon, and Amazon wants to retain its lead,” Saunders said.
Persons: , Neil Saunders, Saunders, Wayfair’s, ” Saunders Organizations: CNN, Amoco, BP, GlobalData, Walmart, that’s, Target
That’s because cocoa prices have more than doubled since the start of the year and have remained at record highs, according to Wells Fargo data shared with CNN. The surging prices have caused grief for confectioners during prime chocolate sales seasons like Valentine’s Day and Easter. The company’s president, Michele Buck, said in a call in August with analysts that cocoa prices are “not sustainable,” and pointed toward higher prices. Though hope is on the horizon, experts project cocoa prices will remain high until at least September 2025. A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.
Persons: it’s, , David Branch, Francis Kokoroko, Reuters El, Michele Buck, Hershey, Joseph , Missouri Nick Ingram, Sally Lyons Wyatt, Mars, Brandon Bell, ” Lyons Wyatt Organizations: CNN, Wells, Food Institute, Reuters, International Cocoa Organization, Hershey, Walmart, Getty, ’ Association, NCA, Locations: Wells Fargo, West Africa, Osino, Eastern Region, Ghana, St, Joseph , Missouri, Austin , Texas
CNN —America’s largest drug store chain named a new chief executive officer on Friday, with longtime CVS Health executive David Joyner replacing Karen Lynch. In August, rising costs at CVS’ insurance arm Aetna cut into profits, leading to the ousting of then-president Brian Kane. Charles Krupa/AP/FileLower reimbursement rates for prescription drugs have hit retail pharmacies, including Walgreens and Rite-Aid, resulting in flagging profits and forcing drug stores to shutter locations and cut jobs. Meanwhile, rival chain Walgreens is closing 1,200 stores as it faces competition from online pharmacies and larger retailers — another challenge facing drug stores. Our results need to show that more consistently,” a CVS Health spokesperson told CNN in a statement.
Persons: CNN —, David Joyner, Karen Lynch, Brian Kane, Lynch, ” Julie Utterback, Charles Krupa, Joyner, David, Roger Farah Organizations: CNN, CVS Health, CVS, Aetna, Federal Trade Commission, Morningstar, Boston College's, Club, Walgreens, Rite, Locations: Boston
The FTC unveiled its final “click-to-cancel” rule, which requires businesses provide a way for consumers to cancel their subscriptions that is just as easy as it is to sign up. That includes everything from gym memberships to digital streaming and e-commerce to cable TV service. “Too often, businesses make people jump through endless hoops just to cancel a subscription,” said Commission Chair Lina Khan in statement by the FTC. Other times they might’ve been able to sign up online, but in order to cancel they had to call and talk to a representative. Other kinds of memberships required them to actually show up in person to cancel their subscription,” Brett said.
Persons: , Lina Khan, Laura Brett, Brett, you’ve, ” Brett, Natnan, ABCmouse, Brian Fung, Nathaniel Meyersohn Organizations: CNN, Federal Trade Commission, FTC, Federal, National Advertising Division, BBB
New Croc clogs mean matching togs for your dogs
  + stars: | 2024-10-12 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +3 min
CNN —From cowboy boots to fried chicken-scented charms, foam footwear maker Crocs has a reputation for quirk. This month, Crocs is putting its best paw forward: The quirky-but-comfortable footwear maker is releasing a line of clogs for dogs. Pet Clogs are part of a partnership with pet supply company and subscription service BARK as part of Crocs’ annual “Croctober” campaign, when it releases a fan-inspired product. And sales of the footwear brand soared in 2020, thanks to the rise of casual fashion during the pandemic. “In many instances these will be fun purchases which people will share on social media, helping to amplify the Crocs brand,” he said.
Persons: Crocs, Andrew Rees, , Justin Bieber, Bad, , Neil Saunders, Lightning McQueen, Saunders Organizations: CNN, Labor Statistics, American Pet Products, Disney, DreamWorks Locations: Crocs
Shopping hauls are so back
  + stars: | 2024-08-17 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +8 min
CNN —Aria Liu, 17, regularly posts shopping haul videos to her YouTube channel, which has 300,000 subscribers. “I don’t know what it is, but when I’m shopping online, money doesn’t feel real.”Liu’s not alone. Shopping hauls have existed for years, if not decades. Aria Liu says that the shopping haul videos she posts on her YouTube channel, “urmomsushi,” are the ones that garner the most views. There’s also a growing body of research that is questioning whether social media can be dangerous, especially for younger users.
Persons: Aria Liu, , , ” Liu’s, Liu It’s, Philippa Ward, Katie Fang, TikTok, Fang, hashtags, Alistair Berg, Matthias Lehner, ” Lehner, Katrina Caspelich, There’s, there’s, ” Caspelich Organizations: CNN, YouTube, Consumer, US Commerce Department, Consumer Financial, University of Gloucestershire, Research, Federal Reserve Bank of New, Centre for Retail Research, Lund University Locations: Federal Reserve Bank of New York, TikTok, Lund , Sweden,
CNN —Despite sweltering August temperatures, more stores are rolling out products in what was once the quintessential fall flavor: pumpkin spice. IHOP will launch its fall-themed lineup on September 1, including pumpkin spice pancakes, pumpkin spice cold foam cold brew and maple pumpkin cheesecake-flavored pancakes. And Krispy Kreme unveiled its fall menu even earlier, announcing the return of the pumpkin spice cake doughnut and pumpkin spice latte beginning August 12. Pumpkin spice has cemented itself as a fall staple, with Americans spending more than $500 million on pumpkin spice products each year, according to data from Nielsen. And with companies from Starbucks to Bath & Body Works consistently rolling out their own line of pumpkin spice products as the days grow shorter, the flavor has become a well-established part of the consumption calendar.
Persons: Krispy Kreme, , Neil Saunders, Saunders Organizations: CNN, Nielsen, Body, Home, Locations: Bath
Inflation comes for your oysters
  + stars: | 2024-08-11 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +4 min
Wholesale oyster prices soared to triple digit highs in 2022 and only began coming down late last year. The sheer lack of wild-caught oysters is the biggest supply issue underlying market fluctuations, and industry experts say the problem can be traced back more than 10 years. Branch estimates that up to 60% of the current oyster supply comes from farms — a near-complete turnaround from 20 years ago, when 70% of oysters were wild-caught. Qiu echoed Branch’s assessment, adding that the remaining wild oyster reefs are only a small fraction of their historic numbers. “Climate change is making growth really difficult to be consistent … there’s just a whole lot of things that can go wrong with farming oysters,” Qiu said.
Persons: that’s, , Julie Qiu, Wells Fargo, “ We’ve, David Branch, Qiu, ” Qiu, Gen Z, Organizations: New, New York CNN, US Federal Reserve, Food Institute, Branch Locations: New York, Wells Fargo, New York City, Wells, Gulf of Mexico, Louisiana,
A study published in the Journal of Hospitality Marketing & Management in June found that describing a product as using AI lowers a customer’s intention to buy it. “Way before people even heard about AI, those movies shaped people’s perception of what robots that run by AI can do to humanity,” he said. …and a lack of transparencyAnother part of the equation influencing customers is the perceived risk around AI – particularly with how it handles users’ personal data. This lack of transparency is something that Gursoy warns has the potential to sour customers’ perceptions towards brands they may have already come to trust. “Rather than simply putting ’AI-powered’ or ’run by AI,’ telling people how this can help them will ease the consumer’s fears.”
Persons: , Dogan Gursoy, , ChatGPT, Gursoy, , Organizations: CNN, of Hospitality Marketing, Management, Taco Bell, Washington State University, , Google, Hollywood
Costco is cracking down on membership moochers
  + stars: | 2024-08-07 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +2 min
CNN —Costco knows you’re using your friend’s membership card. To save you the embarrassment of telling you off when you’re in the checkout line, now Costco will try to catch membership moochers before they even get in the door. The retailer is implementing stricter policies and cracking down on non-members using other people’s cards by requiring shoppers to scan their membership cards to enter stores. Last year, the company began requiring shoppers to present their membership card and a photo ID to use the registers. It reported last year that it earned $4.6 billion in revenue from membership fees, an 8% increase from 2022.
Persons: Costco, ” Costco, CNN’s Elisabeth Buchwald, Samantha Delouya, Nathaniel Meyersohn Organizations: CNN, Costco, Canada – Locations: Canada
Roasters and coffee experts are also signaling that prices could remain higher for longer, as factors like climate change reduce the coffee global supply. Climate change drives prices up“Coffee is more sensitive to changes in temperature than many other crops,” said Michael Hoffmann, professor emeritus at Cornell University’s College of Agriculture and Life Sciences. “Climate change is getting worse. According to Delany, coffee prices are typically between 100 to 140 cents, but have stayed consistently above that range for the past three years. “There’s a drum beat in the background that is climate change, and that is causing problems,” he said.
Persons: CNN —, Tomas Edelmann, , Hamburgo, Miranda, Ryan Delany, there’s, Michael Hoffmann, , Brazil sneezes, Delany, Arabica, ” Neil Rosser, Lavazza, Miranda Edelmann, Giuseppe Lavazza, Nestle, Sharon Zackfia, William Blair, Rosser, ” Delany, you’re Organizations: CNN, Coffee, International Coffee Organization, United Nations, Coffee Trading Academy, Cornell University’s College of Agriculture, Life Sciences, US Department of Agriculture, Commodities, Financial Times, Nestle Locations: Chiapas, Mexico, Brazil, Arabica, Vietnam, Ukraine, Red
IHOP is bringing back $5 all-you-can-eat pancakes
  + stars: | 2024-07-31 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +2 min
CNN —It’s a summer for single-digit dollar deals as IHOP and Denny’s join other big-name food chains in offering value menu options. IHOP announced this week that it is bringing back its $5 all-you-can-eat pancake deal. IHOP announced the same promotion with much fanfare around the same time last summer as part of its 65-year anniversary. He says that IHOP’s dine-in only deal is meant to spur customers into returning to stores. “As a restaurateur, you hope that they’re not just taking advantage of the deal, they’re buying extras, they’re adding on sausages or some other breakfast meat.”
Persons: CNN —, Denny’s, IHOP, Taco, , David Henkes, Henkes, IHOP’s, they’re Organizations: CNN, Taco Bell, KFC, McDonalds Locations: Technomic
Starbucks online ordering returns after app outage
  + stars: | 2024-07-30 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +2 min
CNN —A Starbucks app outage on Tuesday left customers unable to place a mobile order, delaying caffeine fixes for millions of coffee lovers until the app returned to service later in the day. Starbucks’ outage woes come as mobile app and drive-thru orders make up more than 70% of Starbucks sales across approximately 9,500 stores nationwide. Starbucks app is seemingly down nationwide, leaving millions of customers unable to place mobile orders. “The Starbucks app not working on my birthday is so rude come on,” wrote X user @syndey_fields1. The Tuesday Starbucks outage took place at the same time that Microsoft reported its Azure cloud computing servers were down.
Persons: Jaci Anderson, “ We’re, , @StarbucksCare, Organizations: CNN, Starbucks, Microsoft Locations: New York, Boston, Washington, Chicago, Dallas
New York CNN —Spirit Airlines, the ultra-low cost carrier known for charging bargain-hunting passengers for anything and everything, is introducing business class seating. Farther back in the plane Spirit will also allow passengers to pay more for seats in rows where the middle seat will not be sold. Spirit looked at merging, first with another ultra low cost carrier, Frontier Airlines, and then with JetBlue Airways. Last week Southwest Airlines, the nation’s older lower fare carrier, announced it would end its open seating policy it has used throughout its history and let passengers reserve seats for the first time. However, Southwest has not announced any plans to offer wider, business class seats.
Persons: , we’ve, , Ted Christie, – CNN’s Erika Tulfo Organizations: New, New York CNN — Spirit Airlines, United, Delta, Frontier Airlines, JetBlue Airways, Southwest Airlines Locations: New York, , Southwest
He told CNN he wasn’t notified of the minors program embargo. The couple flew to Atlanta, Georgia, from Spokane, Washington, on a Delta flight and encountered no issues, they told CNN. Travelers wait for their luggage at the Delta baggage claim at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Tuesday, July 23, 2024. “There should be some kind of compensation for this.”He told CNN the issues have cost him a significant amount of money. Bastian also told Delta passengers in a note on Sunday that the airline would “continue to offer meal vouchers, hotel accommodations and transportation where available.
Persons: CNN —, “ Delta, , Reed, wasn’t, Delta, He’s, Pete Buttigieg, Jeremy, Kaylee Jones, Lucia, ” Jones, Ed Bastian, Christian Monterrosa, Dylan Steele, Steele, , Arthur Ginolfi, I’ve, Ginolfi, Bastian, we’re Organizations: CNN, Delta, , LaGuardia, Delta Air Lines, Atlanta’s Hartsfield, Jackson International Airport, Hartsfield, Jackson Atlanta International, Bloomberg, Getty, Jackson Airport, Delta Airlines Locations: Delta, Atlanta, Charlotte, New, Orlando, New York, Florida, St, Atlanta , Georgia, Spokane , Washington, Delta’s, South Georgia, Washington, Jackson, Philadelphia, New Jersey
That’s after movie sequel “Inside Out 2” became the highest-grossing animated film of all time, raking in $1.46 billion at the global box office and dethroning former record holder “Frozen 2” from 2019, according to Disney on Wednesday. “Inside Out 2” hit theaters last month and passed the $1 billion mark just 19 days after its release — the fastest ever for an animated film. It’s currently on week six of its theatrical run and has already bagged a spot as the 13th highest-grossing film of all time. The excitement surrounding the “Inside Out 2“ release comes after the film industry was met with a slow start to the summer movie season. Discovery) and “Oppenheimer” combined added nearly a billion dollars to the domestic box office, according to Comscore data.
Persons: , , It’s, Daniel Loria, “ It’s, ” Loria, Paul Dergarabedian, “ Barbie ”, “ Oppenheimer ”, CNN’s Eva Rothenberg Organizations: New, New York CNN, Pixar, Disney, Hollywood, Box, showtime, Comscore, Warner Bros Locations: New York, Europe, Asia, East, United States, Americas, Brazil, Mexico, Colombia, Chile, Japan
New York CNN —An activist hacking group claimed it leaked thousands of Disney’s internal messaging channels, which included information about unreleased projects, raw images computer codes and some logins. Nullbulge, the “hacktivist group,” claimed responsibility for the breach and said they leaked a gigantic, roughly 1.2 terabytes of information from Disney’s Slack, a communications software. In an email on Monday to CNN, the group claimed it gained access through “a man with Slack access who had cookies.” The email also claimed the group was based out of Russia. The hackers said they leaked the data because making demands of Disney would be futile. “If we said ‘Hello Disney, we have all your slack data’ they would instantly lock down and try to take us out.
Persons: , Disney’s Slack, Slack, Disney, , Nullbulge, CNN’s Erika Tulfo, Jon Passantino Organizations: New, New York CNN, CNN, ESPN, Hulu, Disney, ABC News, Disneyland, Screen Actors Guild, Writers Guild of America, Sony Pictures Locations: New York, Russia, Disneyland Paris, North Korea
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