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Gabrielle Bienasz
24 May 2022, 22:40

Best Buy’s CEO says she isn’t planning for a ‘full recession’ — and she’s not alone

Best Buy’s CEO says she isn’t planning for a ‘full recession’ — and she’s not alone

Best Buy’s CEO says she isn’t planning for a ‘full recession’ — and she’s not alone

In an earnings call Tuesday, Best Buy CEO Corie Barry said that she is "not planning for a full recession."

Walmart recalls ice cream commemorating Juneteenth after receiving a heavy backlash, a report says
Urooba Jamal
24 May 2022, 21:10

Walmart recalls ice cream commemorating Juneteenth after receiving a heavy backlash, a report says

Walmart apologized and removed the product from shelves, following criticism that it was capitalizing on the holiday, Fox 7 Austin reported.

Kumar Mangalam Birla’s fashion empire raises ₹2,195 crore from Singapore’s sovereign fund
Kritti Bhalla
24 May 2022, 12:57

Kumar Mangalam Birla’s fashion empire raises ₹2,195 crore from Singapore’s sovereign fund

Kumar Mangalam Birla-owned Aditya Birla Fashion and Retail (ABFRL) today raised ₹2,198 crore from Singapore’s sovereign wealth fund GIC in exchange for 7.5% stake in the company. The fashion retailer houses a large number of Indian and international brands like Sabyasachi, Forever21, Ralph Lauren, Van Heusen, Allen Solly and more.