DIRS.INFO The most relevant business & tech news

☆ Bed Bath & Beyond owner to lay off 20% of its workforce
▼ + stars: | 2024-10-24 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Bed Bath & Beyond's owner said in a regulatory filing that it will cut one-fifth of its workforce. AdvertisementThe parent company of Bed Bath & Beyond plans to lay off one-fifth of its workforce in a move to save $20 million per year. AdvertisementEarlier in the week, Beyond and Kirkland's Home announced a $25 million deal to open small-format, 15,000 square-foot "neighborhood" Bed Bath & Beyond locations across the US. Related storiesThe $21.5 million deal covered trademarks, internal business data, and e-commerce platforms, including websites and mobile apps, but no physical stores or inventory. The company said at the time that the additional Bed Bath & Beyond loyalty program shoppers tripled Overstock's existing customer base.

Persons: —, Adrianne Lee, Dave Nielsen, Overstock, Dominick Organizations: Inc, Service, Bed, Kirkland's, Business Locations: Utah

As Sam's Club opens more locations, it is trying to raise the bar for its own brand, Member's Mark. Net sales for Sam's Club totaled $86.2 billion in its most recent fiscal year, compared with $176.63 billion for Costco's U.S. clubs. Sam's Club CEO Chris Nicholas told CNBC the brand's revamp was inspired, in part, by the retailer's chief rival. Overtaking Costco and its beloved private label won't be easy for Sam's Club, said Michael Baker, a retail analyst for D.A. But he added Costco's success with Kirkland Signature created a formula that Sam's Club can follow.

Persons: Megan Crozier, Crozier, —, kickstart, Mark, Chris Nicholas, Kirkland, Member's Mark, Michael Baker, Davidson Organizations: Sam's Club, Walmart, Costco, Kirkland, Sam's, Costco's U.S, CNBC, D.A

☆ The job more parents are taking to get a discount on their kids' college tuition
▼ + stars: | 2024-03-06 | by ( Kevin Williams | ) www.cnbc.com time to read: +5 min

As a college staff member, Heater gets deeply discounted tuition at the private Marianist Catholic college with approximately 8,000 undergraduate students. She compared universities in her area and their benefits and decided on University of Dayton, which offers tuition benefits for staff workers and their dependents. Washington said that workers and their dependents can also use a tuition exchange program, which allows them to transfer their tuition benefits within a pool of participating schools. For instance, once the tuition benefit exceeds the IRS' guidelines of $5,250 annually, the rest is generally considered taxable income. She said she thinks a lack of awareness about tuition benefits programs keeps them from being more popular.

Persons: Ariel Skelley, Troy Washington, Washington, Jacob Channel, Sherry Kirkland, Kirkland Organizations: Digitalvision, Getty, University of Dayton, Catholic, University of Dayton's, College and University Professional, for Human Resources, Wilmington University Locations: Ohio, Delaware

☆ I'm a nutritionist who shops at Costco for 2. Here are 15 things I always buy in bulk.
▼ + stars: | 2024-02-26 | by ( Candace Nelson | ) www.businessinsider.com time to read: +11 min

Candace Nelson for InsiderEggs are so versatile, and we eat a ton in my house since we're huge fans of breakfast burritos. Kirkland Signature's mixed-nut butter is wholesome and simpleKirkland Signature's nut butter is a great source of healthy fats. Candace Nelson for InsiderKirkland's mixed-nut butter is my all-time favorite Costco discovery — I recommend it to my nutrition clients and use it almost daily. Candace Nelson for InsiderI do most of my cooking in olive oil, so I keep it near the stove for easy access. Candace Nelson for InsiderI don't eat a lot of dairy but when I do, I prefer it in cheese form.

Persons: —, Candace Nelson, Kirkland Signature's, Kirkland's, I'm, Kirkland Organizations: Service, Business, Costco, Disney, Kirkland Locations: Costco, veggies

☆ We're DINKs who make $190k a year and work from home. Here's what our typical Costco haul looks like.
▼ + stars: | 2024-02-20 | by ( Jacqueline Gualtieri | ) www.businessinsider.com time to read: +9 min

Here's what my partner and I usually get for $350 in our high-cost-of-living California city. AdvertisementWe usually pick up variety packs of Poppi, which contain prebiotics for gut health and have fewer calories and added sugars than most sodas. There are few places to grab bagels around my home now, so the bagels at Costco are a decent replacement. Instead of using cream cheese, I put Laughing Cow spreadable cheese on my bagel, preferably the light option if Costco has it. It's a good substitute for unhealthier snacks, and a pack of 60 only costs us about $10 at Costco.

Persons: —, we're DINKs, Jacqueline Gualtieri, we're, Ade kombucha, Costco's, Caesar, Costco Jacqueline Gualtieri, Gualtieri, We've, Kirkland Organizations: Service, Area, Business, Costco, Del Real Foods, Kirkland Locations: Central Coast, Monterey, California, Del Real, Italian

☆ Morning Bid: November bids adieu with inflation data, OPEC
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. With signs of turn emerging in Federal Reserve policy guidance and October PCE inflation readings set to encourage that later in the day, rate cut fever was in full flow across the Atlantic too. Headline annual inflation in the bloc fell as low as 2.4% - within arm's length of the ECB's 2% target. Later on Thursday, U.S. PCE inflation for the prior month is pencilled to fall 3.0% from 3.4% - with a core also ebbing to 3.5%. "Monetary policy is in a good place," Cleveland Fed President Loretta Mester said on Wednesday, echoing comments from previously hawkish Fed governor Christopher Waller the previous day.

Persons: Brendan McDermid, Mike Dolan, policymaker Fabio Panetta, Loretta Mester, Christopher Waller, John Williams, Christine Lagarde, Megan Greene, Kroger, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Treasury, Federal, European Central Bank, Bank of Italy, policymaker, U.S ., ECB, Cleveland Fed, Wall, OPEC, Dallas Fed, PMI, York Federal, Bank of England, Academy Sports, Rock Biotech, Titan, Reuters, Thomson Locations: New York City, U.S, China, Canada, Vienna, Automotive, Duluth, BOS, Jan

☆ Corporate America is bracing for a rise in activist investing. Meet the 13 lawyers on speed-dial when companies and investors fight for boardroom control.
▼ + stars: | 2022-11-23 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +11 min

Law firms including Olshan Frome Wolosky LLP and Schulte Roth & Zabel are go-tos for activist investors looking to change how companies do business. Kai Liekefett, who co-chairs Sidley's shareholder activism practice, last year successfully defended cloud company Box Inc. in a proxy fight by Starboard. Liekefett has also defended clients against major activist investors including Carl Icahn and Trian Partners. He has advised clients against major activist investors including Trian, Carl Icahn, Starboard Value and the billionaire Paul Singer. Lawrence Elbaum and Patrick Gadson, Vinson & ElkinsPatrick Gadson (L) and Lawrence Elbaum (R), co-heads of Vinson & Elkins' shareholder activism group.

☆ A CEO and activist investor who moved into micro caps after two decades picking stocks at BlackRock and Merrill Lynch told us his process for finding companies that can double their worth in 3 years
▼ + stars: | 2022-11-04 | by ( Marley Jay | ) www.businessinsider.com time to read: +5 min

Kevin Rendino led big value funds for Merrill Lynch and BlackRock, but changed course. He's now an activist micro cap investor and CEO of turnaround firm 180 Degree Capital. Rendino spent 24 years at Merrill Lynch and then BlackRock, as an analyst and then as a portfolio manager. At different stages, he managed a large cap value fund for six years and oversaw an equity value team that ran 11 funds that held a combined $13 billion. The firm specializes in investing in micro cap companies and helping them turn their businesses around.

☆ 33 Items You Should Buy at Costco and 14 You Should Skip Every Time
▼ + stars: | 2019-05-02 | by ( Laura Mccamy | ) www.businessinsider.com time to read: +1 min

Costco customers swear by certain products the retailer sells, such as olive oil, rotisserie chickens, and even golf balls. Here are 33 Costco products you should buy and 14 others you should skip every time. Customers swear by the olive oil, rotisserie chickens, and even the golf balls made by Costco's house brand, Kirkland. We consulted personal-finance experts and accounts from Costco shoppers to compile 33 items that are definitely worth it at Costco and 14 others that you should find at another store. AdvertisementHere are the Costco products that are worth your money and the ones you should avoid at all costs.

Persons: — Organizations: Costco, Service, Kirkland

Search resuls for: "Kirkland's"

9 mentions found