Once a bastion of tranquility amidst the chaos of bustling airports, airport lounges have become the new status symbol within the travel ecosystem. The recent announcement by Capital One to limit access to its lounges for Venture X and Venture X Business cardholders exemplifies a larger trend in which the allure of comfortable travel experiences
Business
The recent movements in the used vehicle market reveal a complex and often contradictory landscape. While wholesale prices experienced a modest decline of 1.5% from April to May, they remain firmly above last year’s levels by 4%. This suggests that despite some cooling, the market retains a surprising robustness, defying expectations of a sharp downturn.
Lululemon Athletica Inc., a titan in the athletic apparel realm, recently shocked investors with its significant earnings report. While the company’s first-quarter earnings per share narrowly surpassed Wall Street expectations, a major revelation regarding its full-year guidance sent shares plummeting by 20% in after-hours trading. This dissonance between short-term performance and long-term outlook illustrates the
Across the United States, organized retail crime has evolved into a beast of alarming proportions and catastrophic consequences for businesses and consumers alike. This isn’t merely a case of everyday shoplifters pilfering items for personal use; we are witnessing sophisticated operations characterized by groups of thieves targeting large retailers to turn stolen goods into cash.
In a daring stride towards revitalization, Peloton has embraced the resale revolution by launching Repowered—a dedicated marketplace designed for users to resell their pre-owned exercise equipment. This ambitious endeavor appears to be a strategic response to the looming issue of latent bikes and treadmills gathering dust in homes across the country. It’s an assertion that
It is hard to ignore the seismic changes taking place in the U.S. office market—a sector once viewed as a golden investment but now marred by uncertainty and transformation. This year marks a critical inflection point in this landscape, with office conversions and demolitions surpassing new construction for the first time in over two decades.
As the dust of economic uncertainty settles in various sectors, U.S. airlines are engaging in an unprecedented arms race to claim dominance in the international business-class market. With every competing airline now offering plush suites and exclusive amenities such as sliding doors, Bang & Olufsen headphones, and gourmet meal options, one must ask: who truly
In a surprising turn of events, United Airlines has reignited its presence at New York’s John F. Kennedy International Airport through a strategic partnership with JetBlue Airways, aptly named “Blue Sky.” This collaboration is not merely a footnote in the matrix of airline alliances; it represents a daring move in an increasingly competitive industry, characterized
The automotive landscape is undergoing seismic shifts, and Stellantis—and its newly appointed CEO, Antonio Filosa—stands at the crossroads of innovation and tradition. The appointment comes after a tumultuous period marked by Carlos Tavares’ unexpected resignation. While Tavares led Stellantis with a grand vision, the company recently grappled with plummeting profits and dwindling U.S. sales. Filosa’s
The narrative surrounding the movie theater industry has shifted dramatically over the past year, and it’s high time we delve into the stunning revival it is experiencing. After a prolonged stagnation fueled by the chaos of the global pandemic and the rise of streaming services, data from the recent Memorial Day weekend suggests that the