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Retailers jacked up prices and squeezed consumers. They might have just blinked

Retailers jacked up prices and squeezed consumers. They might have just blinked
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Peloton CEO Barry McCarthy plans to step down ahead of company-wide layoffs - as fitness bike sales slump

Peloton customers are cancelling $40-a-month subscriptoins and sales of its fitness gear to new ones has stalled. Some 400 jobs will go - it is unclear if its famous instructors are affected. ....

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Peloton cuts 15% of its global workforce, CEO steps down - National

Peloton CEO Barry McCarthy is stepping down, the company said on Thursday as it announced a 15 per cent cut to its global workforce due to a post-pandemic slump in demand. ....

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Mondelēz maintains positive outlook for 2024 on back of strong Q1

Mondelēz International has maintained the company expects Organic Net Revenue growth of 3% to 5% in its 2024 Outlook after the Cadbury parent beat market expectations for first-quarter sales and profit. ....

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