Canada to scrap mask mandate on planes, joining Japan, Hong Kong and U.A.E. in lifting COVID restrictions

The Canadian government announced on Monday that it will no longer require people to wear masks on planes to guard against COVID-19, the Associated Press reported. The rules will be lifted on October 1. Government officials have also confirmed that Canada is dropping the vaccine requirement for people entering the country at the end of … Read more

Actually, Costco Is Raising its Membership Prices

Warehouse clubs remain invaluable to customers, even though they charge membership fees to shop there. Costco (COST) walmart (WMT) Sam’s Club and BJ’s Wholesale (bj) all offer members a similar proposition – paying a membership fee and gaining access to a selection of items at low prices. There are compromises. The selection is small and … Read more

Costco to keep $1.50 hot dog-and-soda combo ‘forever’ despite inflation: exec

A senior Costco Wholesale executive has confirmed that the big-box retailer has no plans to reprice its $1.50 hot dog and soda combo in its stores despite months of decades-long high inflation. . Costco Chief Financial Officer Richard Galanti reiterated that the discount price of the fan-favorite deal would remain in place during the company’s … Read more

Why Alibaba Stock Is an Exception to Goldman’s US Market Preference

Text size Alibaba and other Chinese tech stocks have been battered since early last year. Qilai Shen/Bloomberg Chinese tech stocks have been battered since many hit all-time highs in early 2021, and the situation hasn’t improved much in 2022. That may be a compelling reason to at least take a fresh look at this sector. … Read more

Queen’s death creates frenzy for royal merchandise in Canada and abroad

TORONTO – There are kits to help you crochet a miniature Queen Elizabeth sporting the dress and hat of your choice of color, t-shirts of her likeness and “never complain, never explain” – a saying that reportedly adopted by her late mother – and limited-edition Mattel Barbie dolls were released in honor of her 96th … Read more

Retail price of sugar drops to P90/kilo

Read this in the Manila Times digital edition. THE retail price of refined sugar in some Metro Manila markets fell to 90 pesos per kilo-day after President Ferdinand “Bongbong” Marcos Jr. signed Sugar Ordinance 2 authorizing the import of 150,000 metric tons of sweetener. Based on the Department of Agriculture (DA) Daily Market Watch on … Read more

Kanye West Isn’t Alone as Big Stars Seek More Say in the Brands They Back

Kanye West’s breakup with Gap Inc. reflects a broader trend of celebrities seeking more control over the brands they create or support. Mr. West belongs to an elite group of superstars with the following and the resources to plausibly succeed without a major consumer goods brand as a partner, but celebrities who continue to work … Read more

UK retail sales plunge, underlining risk of recession

LONDON: British retail sales fell much more than expected in August, another sign that the economy is slipping into recession as the cost of living crisis squeezes disposable household spending. Retail sales volumes fell 1.6% in monthly terms in August, the Office for National Statistics said – the biggest drop since December 2021 and worse … Read more

Holiday sales growth to slow to 4% to 6% this year, Deloitte says

LOS ANGELES: Deloitte expects retailers to see slower volume gains this holiday season, from November to January, due to the US economic slowdown. “Retail sales are likely to be further impacted by lower demand for durable consumer goods, which had been the centerpiece of pandemic-related spending,” Daniel Bachman, U.S. economic forecaster at Deloitte, said in … Read more

Popular Starbucks Coffee Drink Faces Recall

When an unsafe or defective product hits the market, companies will recall the product as soon as possible to avoid liability. Automobiles have been among the most common recalls in recent months. Ford (F) on September 1, nearly 500,000 vehicles were recalled for fan motor and backup camera issues. BMW recalled four models of its … Read more