Walmart's eggless Easter, Old Navy's AI bet, and Target cuts bonuses: Retail news roundup

Quartz

28 Mar

Walmart (WMT) is skipping the eggs this Easter to cut costs. Target (TGT) will cut bonuses for salaried employees in response to weaker consumer spending and inflationary pressures. Just as consumers anticipated a break in egg prices, proposed port fees may make bananas the next price casualty. Meanwhile, McDonald’s (MCD) has claimed the title of the world’s most valuable restaurant brand, surpassing Starbucks (SBUX) for the first time in a decade. Check out these stories and more in the week’s retail roundup.

Graphic: Images: Scott Olson, Justin Sullivan, Ian Waldie, Drew Angere

Walmart is taking the eggs out of Easter to save money

A Walmart in Chicago, Illinois. - Image: Scott Olson (Getty Images)

Walmart wants shoppers to celebrate Easter with their paychecks, even if eggs aren’t included in this year’s basket.

Read More

Target’s employee bonuses are being slashed

A Target in Albany, California. - Image: Justin Sullivan (Getty Images)

Target has announced it will reduce bonuses for salaried employees due to weak consumer spending and inflationary pressures.

Read More

Move over, eggs – bananas are the next victim

Image: Ian Waldie (Getty Images)

Just when consumers were expecting some relief on egg prices, bananas might be the next victim.

Read More

You wouldn’t think Old Navy and AI belong in the same sentence — but here we are

Traffic passes by an Old Navy and a Gap in New York City. - Image: Drew Angere (Getty Images)

Gap is betting Old Navy (GPS) and AI will help solidify its position in retail.

Read More

McDonald’s snatches Starbucks’ crown for the first time in a decade

A lit wall graphic at a McDonald’s in New Delhi, India. - Image: Elke Scholiers (Getty Images)

McDonald’s is the world’s most valuable restaurant brand, dethroning Starbucks for the first time in a decade.

Read More

For the latest news, Facebook, Twitter and Instagram.

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Target (TGT) will cut bonuses for salaried employees in response to weaker consumer spending and inflationary pressures. Just as consumers anticipated a break in egg prices, proposed port fees may make bananas the next price casualty. Meanwhile, McDonald’s (MCD) has claimed the title of the world’s most valuable restaurant brand, surpassing Starbucks (SBUX) for the first time in a decade. Check out these stories and more in the week’s retail roundup. </p>\n<figure>\n<img src=\"https://s.yimg.com/uu/api/res/1.2/ybT6vGfizVfbV.4qgxpRFw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/quartz.com/fa67a819d8ec81b8f4cde00c6202e513\" width=\"600\"/>\n<figcaption>\n  Graphic: Images: Scott Olson, Justin Sullivan, Ian Waldie, Drew Angere\n </figcaption>\n</figure>\n<h3>Walmart is taking the eggs out of Easter to save money</h3>\n<figure>\n<img src=\"https://s1.yimg.com/uu/api/res/1.2/gsUYDK84P58k.7nmHZYuBg--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/quartz.com/a5199b5662705ab8f9a62fcc74ec2bb0\" width=\"600\"/>\n<figcaption>\n  A Walmart in Chicago, Illinois. - Image: Scott Olson (Getty Images)\n </figcaption>\n</figure>\n<p>Walmart wants shoppers to celebrate Easter with their paychecks, even if eggs aren’t included in this year’s basket. </p>\n<p>Read More</p>\n<h3>Target’s employee bonuses are being slashed</h3>\n<figure>\n<img src=\"https://s1.yimg.com/uu/api/res/1.2/rJCcsMR25iroC7DpejdPyQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/quartz.com/08623117fedf3956377248c7eaea0db7\" width=\"600\"/>\n<figcaption>\n  A Target in Albany, California. - Image: Justin Sullivan (Getty Images)\n </figcaption>\n</figure>\n<p>Target has announced it will reduce bonuses for salaried employees due to weak consumer spending and inflationary pressures. </p>\n<p>Read More</p>\n<h3>Move over, eggs – bananas are the next victim</h3>\n<figure>\n<img src=\"https://s.yimg.com/uu/api/res/1.2/fnQRBwuyqjZPI89xiWwtwA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/quartz.com/6578404f0b4c0995de919862db4fee14\" width=\"600\"/>\n<figcaption>\n  Image: Ian Waldie (Getty Images)\n </figcaption>\n</figure>\n<p>Just when consumers were expecting some relief on egg prices, bananas might be the next victim. </p>\n<p>Read More</p>\n<h3>You wouldn’t think Old Navy and AI belong in the same sentence — but here we are</h3>\n<figure>\n<img src=\"https://s.yimg.com/uu/api/res/1.2/viy6BR34EowZ1SBApxCk.g--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/quartz.com/abf9f2cb4c71fa2ec6b6c67f76cb7438\" width=\"600\"/>\n<figcaption>\n  Traffic passes by an Old Navy and a Gap in New York City. - Image: Drew Angere (Getty Images)\n </figcaption>\n</figure>\n<p>Gap is betting Old Navy (GPS) and AI will help solidify its position in retail. </p>\n<p>Read More</p>\n<h3>McDonald’s snatches Starbucks’ crown for the first time in a decade</h3>\n<figure>\n<img src=\"https://s.yimg.com/uu/api/res/1.2/RwZnVcukDd68HYevQCxB_g--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/quartz.com/1462da5ef4684febd42b8740007e4d5f\" width=\"600\"/>\n<figcaption>\n   A lit wall graphic at a McDonald’s in New Delhi, India. - Image: Elke Scholiers (Getty Images)\n </figcaption>\n</figure>\n<p>McDonald’s is the world’s most valuable restaurant brand, dethroning Starbucks for the first time in a decade. </p>\n<p>Read More</p>\n<p> For the latest news, Facebook, Twitter and Instagram.</p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Target (TGT) will cut bonuses for salaried employees in response to weaker consumer spending and inflationary pressures. Just as consumers ...</p>\n\n<a href=\"https://finance.yahoo.com/news/walmarts-eggless-easter-old-navys-090000028.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/walmarts-eggless-easter-old-navys-090000028.html","article_id":"2522579525","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522579525","pubTimestamp":1743152400,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Walmart  is skipping the eggs this Easter to cut costs. Target  will cut bonuses for salaried employees in response to weaker consumer spending and inflationary pressures. 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Check out these stories and more in the week’s retail roundup. \n\n\n\n  Graphic: Images: Scott Olson, Justin Sullivan, Ian Waldie, Drew Angere\n \n\nWalmart is taking the eggs out of Easter to save money\n\n\n\n  A Walmart in Chicago, Illinois. - Image: Scott Olson (Getty Images)\n \n\nWalmart wants shoppers to celebrate Easter with their paychecks, even if eggs aren’t included in this year’s basket. \nRead More\nTarget’s employee bonuses are being slashed\n\n\n\n  A Target in Albany, California. - Image: Justin Sullivan (Getty Images)\n \n\nTarget has announced it will reduce bonuses for salaried employees due to weak consumer spending and inflationary pressures. \nRead More\nMove over, eggs – bananas are the next victim\n\n\n\n  Image: Ian Waldie (Getty Images)\n \n\nJust when consumers were expecting some relief on egg prices, bananas might be the next victim. \nRead More\nYou wouldn’t think Old Navy and AI belong in the same sentence — but here we are\n\n\n\n  Traffic passes by an Old Navy and a Gap in New York City. - Image: Drew Angere (Getty Images)\n \n\nGap is betting Old Navy (GPS) and AI will help solidify its position in retail. \nRead More\nMcDonald’s snatches Starbucks’ crown for the first time in a decade\n\n\n\n   A lit wall graphic at a McDonald’s in New Delhi, India. - Image: Elke Scholiers (Getty Images)\n \n\nMcDonald’s is the world’s most valuable restaurant brand, dethroning Starbucks for the first time in a decade. \nRead More\n For the latest news, Facebook, Twitter and Instagram.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}