China is Starbucks' 2nd biggest market, but sales are slumping. Here's why.

Tech Insider : Economy, Economy
A Starbucks store is filled with customers taking a coffee break in Shanghai, China, January 26, 2023.
China is Starbucks' second-biggest market, with more than 7,000 stores.

CFOTO/Future Publishing via Getty Images

Economist Paul Krugman defends Harris' price-gouging plan — but 'Shark Tank' star Kevin O'Leary calls it a 'horror film'

Tech Insider : Economy, Politics, Economy
Kamala Harris on stage holding a microphone
Kamala Harris wants to tackle price gouging on groceries.

Marta Lavandier/AP

Shein found two cases of child labor at its suppliers last year

Tech Insider
Shein letters in black against a blue and white sign in a pink store with two shoppers
Shein suspended the suppliers that used child labor for 30 days.

Per-Anders Pettersson/Getty Images

The baseline price tag for looking cool for school is $1,000 for 9 hot items

Tech Insider
Gen Z TikTok-approved back-to-school items include the Airpods Max, the Adidas Gazelle sneakers, and the Owala FreeSip water bottle.
Gen Z TikTok-approved back-to-school items include the Airpods Max, the Adidas Gazelle sneakers, and the Owala FreeSip water bottle.

Jeremy Moeller/Getty Images, Amazon

China's version of UberEats says it now delivers snacks to the Great Wall for 56 cents using drones

Tech Insider
An drone delivers food packages in the Badaling section of the Great Wall in Beijing, China.
An drone delivers food packages in the Badaling section of the Great Wall in Beijing, China.

Beijing Youth Daily/Getty Images

Goodbye backpacks. The cool kids are going back to school with a $155 Longchamp tote in hand.

Tech Insider
Longchamp next to school supplies.
Longchamp has been named the "it bag" of the school season.

Longchamp; Jenny Chang-Rodriguez/BI

Chick-fil-A just opened a wild new store design that it says handles three times as many drive-thru cars as other stores

Tech Insider
A multi-story Chick-fil-A restaurant with drive-thru lanes below the restaurant
Chick-fil-A's newest restaurant is drive-thru only, with four lanes for cars below the restaurant itself.

Chick-fil-A

I canceled my Costco membership after a year. I loved the store, but it fueled my worst habits.

Tech Insider
A Costco sign on the outside of a store.
I didn't renew my Costco membership because the bulk-buy structure overwhelmed me.

Dominic Lipinski - PA Images / Contributor / Getty Images

Fast food has a Gen Z problem

Tech Insider
Woman ordering out a fast-food restaurant on a digital screen
Winning over Gen Z diners is key, a Morning Consult analyst said.

simonapilolla/Getty

Target's plan to lock in shoppers is working brilliantly

Tech Insider
target shopper shopping cart store
Target says its expanded loyalty program allowed it to offer four times as many personalized offers than it did a year ago.

Brendan McDermid/Reuters

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