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Wealthier customers flock to Walmart to boost retailer’s sales in strong Q1 earnings

More wealthy shoppers flocked to Walmart, helping the nation’s largest retailer overcome inflation headwinds faced by its rivals and deliver better-than-expected quarterly results, the company said Thursday. Walmart said total U.S. comparable sales increased 3.8% in the first quarter ended April 30, with most of the increase coming from households with incomes of $100,000 or […]

McDonald’s confirms $5 value meal promotion to lure back customers

McDonald’s has confirmed it will roll out a limited-time $5 combo meal this summer in hopes of attracting customers who have been turned away by inflation since the fast-food chain’s price hikes. The Chicago-based company announced it will be introducing a month-long promotion starting June 25th. During the event, customers can choose from four items: […]

Struggling restaurants announce deals to lure in customers as inflation remains high

As rising inflation continues to affect businesses across the country, several restaurant chains have announced value deals to get cash-strapped customers to return. This week, Red Lobster announced it was shuttering over 50 locations. It comes as the Bureau of Economic Analysis reported on Tuesday that inflation went up 2.2% for the year ending in […]

Dell says 49 million customers were allegedly affected in recent data breach

Dell warned customers earlier this week about a data breach after attackers claimed to have stolen the personal information of approximately 49 million customers. peepee computer report The computer company said Wednesday it began sending emails to customers with data breach notifications noting that Dell’s portal, which contains customer information related to purchases, had been […]

McDonald’s considering $5 meal deal to lure back inflation-hit customers

California McDonald’s franchise owner Scott Rodrick joins Barney & Company. to discuss California’s highly controversial $20 minimum wage increase. McDonald’s is giving five U.S. franchisees a bid to persuade price-conscious customers to come back as fast-food restaurants’ sales have slumped due to inflation and more people are eating at home. We’re asking you to consider […]

McDonald’s to launch $5 meal deal to lure back customers

McDonald’s is reportedly trying to lure back lower-income customers who were being priced out of the Golden Arches after menu prices increased to include $18 Big Macs and $6 hash browns. It is reportedly preparing to launch dollar meal deals. A person familiar with the matter said the affordable menu could include a McChicken or […]

Approximately 800,000 BetterHelp Customers Receive Refund Notices, FTC Says

On January 15, 2014, a Federal Trade Commission (FTC) seal is seen sewn into the carpet of a committee room at FTC headquarters in Washington, DC. (Photo credit: PAUL J. RICHARDS/AFP, see Getty Images) OAN’s James Myers8:06am – Friday, May 10, 2024 Approximately 800,000 customers of online treatment platform BetterHelp will begin receiving refund notices […]

FTX says it can repay most customers all funds

FOX Business’ Kelly O’Grady reports on the trial of former FTX CEO Sam Bankman Freed after he was found guilty on seven counts of criminal fraud. Bankrupt cryptocurrency exchange FTX said most customers will be fully repaid for the assets lost during its bankruptcy nearly two years ago, and some will receive more. The company […]