Meet the investor buying 60% of Starbucks' China business in a $4 billion deal

Tech Insider : Business, Environment
Pedestrians walk past a Starbucks Coffee store on May 20, 2025 in Chongqing, China.
Starbucks has sold 60% of its China business to Boyu Capital.

Cheng Xin/Getty Images

Hooters is getting a 're-Hooterization' as its founders retake control of the restaurant chain

Tech Insider : Business
A Hooters restaurant is seen on February 24 in Pembroke Pines, Florida.
Hooters filed for Chapter 11 bankruptcy on Monday.

Joe Raedle/Getty Images

I'm a luxury event planner. My clients don't want 'Quiet Luxury' — they want multi-day spectacle

Tech Insider : Business, Style
Event planner Akeshi Akinseye poses on a white leather couch in front of a floral arrangement.
Luxury event planner Akeshi Akinseye told Business Insider that sit-down dinners are "out" among her clients. Interactive, chef-led courses are "in."

Courtesy of Akeshi Akinseye

Gold's wild rally traps jewelers between soaring costs and cautious customers

Tech Insider : Economy, Business, Environment
Isaac Yuan and Joanne Sim, the husband-and-wife team behind Eli J Fine Jewelry in Singapore
Isaac Yuan and Joanne Sim, the husband-and-wife team behind Eli J Fine Jewelry in Singapore, have been adjusting designs and prices as gold costs soar.

Huileng Tan/Business Insider

30 products that haven't been around for as long as you'd think

Tech Insider : Technology, Business, Sports
iPhone 2007
An iPhone in 2007.

Justin Sullivan/Getty Images

How much the typical worker makes at 30 top retailers, from Amazon to Walmart

Tech Insider : Business
An employee delivers a row of shopping carts to the front of a Costco warehouse on April 4, 2025, in Hawthorne, California.
Costco keeps topping the list of retailers whose median employees earn the most.

Jay L Clendenin/Getty Images

I went shopping at Claire's to see why the jewelry chain is facing bankruptcy and closing stores

Tech Insider : Business, Style
Claire's storefront
Claire's is selling its North American business.

Jordan Hart/Business Insider

I went to Sprouts Farmers Market. The chain is growing fast, and that might be bad news for Whole Foods.

Tech Insider : Business, Economy
Business Insider reporter Alex Bitter wears a khaki-colored coat while standing in front of the entrance to a Sprouts Farmers Market Store in Maryland.
Sprouts Farmers Market is plotting an expansion into the Midwest and Northeast.

Alex Bitter/BI

Why brands from Lululemon to Smucker's are taking retailers to court over store-brand dupes

Tech Insider : Business
A shopper with her hands on her head in exasperation.
Recent trade dress lawsuits center on the question of whether shoppers are confused by similarities between competing products.

nicoletaionescu/Getty Images

I went to Whole Foods' latest Daily Shop store. It's more promising than the chain's last attempt at a small store.

Tech Insider : Business
The author outside of a Whole Foods Market Daily Shop in Arlington, Virginia.
This Whole Foods Daily Shop location in Arlington, Virginia, opened on Thursday.

Alex Bitter/BI

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