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Hayley Peterson

Hayley Peterson

Director of Business News at Business Insider

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Email address
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Influence score
73
Phone
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Location
United States
Languages
  • English
Covering topics
  • Business
  • Commerce

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Recent Articles

businessinsider.com

What it costs to open 12 of the biggest fast food chains in the US, from Chick-fil-A to McDonald's

Owning a fast food franchise can be a lucrative business. One top performing Chick-fil-A restaurant reported sales of over $17 million in 2021, more than double the average per unit sales volume for the chain, according to Chick-fil-A’s 2022 franchise disclosure document. Additionally, the average McDonald’s restaurant logs about $4 million in yearly sales. However, opening a franchise requires a hefty amount of cash to cover the startup costs. For example, you must have at least $500,000 in liq…
businessinsider.in

The Apple car is the latest casualty in the brutal EV market - Busi...

Apple is reportedly abandoning its vehicle project after a decade of development.It would be the latest casualty in the brutal EV market.The Apple car is dead (apparently).The scrapped plans would be a grim sign for the EV market in the US, which has suffered from flagging demand. Apple has been working on its electric car for 10 years and is now dropping the project before ever even releasing a prototype, Bloomberg reported this week.Apple’s reported decision comes amid an EV reckoning in the U…
businessinsider.in

How Best Buy is winning the war against retail theft - Business Ins...

Target, Walmart, Dick’s, and other major retailers have sounded alarms on rising retail theft.But Best Buy said Tuesday that theft at its stores has remained relatively stable.Target, Walmart, Dick’s Sporting Goods, and other major retailers have been sounding alarms over the last year about rising rates of retail theft.But Best Buy said Tuesday that its rate of shrink — or losses due to theft, fraud, or other causes — has remained relatively stable over the last several years.In certain parts o…