Sat.Jul 27, 2024

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The First Apple Union Deal Has Formed

RetailWire

Apple and the International Association of Machinists have reached a labor deal that must be ratified by a vote of the 85 workers who are stationed in its Towson, Maryland store.

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Various Food Recalls In Effect

RetailWire

There have been multiple various food recalls these past two weeks. The CDC has released information about how Boar’s Head recall for liverwurst and various deli meats due to potential Listeria contamination.

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Steward Health Care Faces Restructuring Troubles

RetailWire

According to their press release on their official website this past May, Steward Health Care has filed for Chapter 11 bankruptcy protection in the Southern District of Texas as part of their restructuring process. The company is the largest physician-led hospital operator in the U.S., and now must begin finalizing a financing deal with Medical Properties Trust.

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Alzheimer’s Drug Lecanemab Rejected in Europe

RetailWire

The European Medicines Agency (EMA) has denied approval for lecanemab, a drug being currently developed to help against Alzheimer’s. It has been reported that the drug has been showing the ability to start slowing cognitive decline. However, the EMA also concluded that there are indeed some risks and also possible severe side effects such as brain bleeding and swelling.

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The Trends You Need to Succeed This Holiday Season

October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

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AI Is Facing Various Ups and Downs

RetailWire

Artificial Intelligence has been waxing and waning as of late due to many different factors.

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Stellantis Reports Major Declines

RetailWire

Stellantis faces financial troubles.