Stop & Shop to Shutter Underperforming Stores

Stop & Shop, a Massachusetts-based company with almost 400 stores in five states, plans to close 'underperforming' stores as part of a four-year strategy outlined by its parent company Ahold Delhaize. The closures are aimed at creating a healthy store base for long-term growth. The CEO mentioned plans for store improvements, price cuts, and a focus on quality products and service.

Tesla Price Cuts

Tesla has dropped prices on its cars by about $2,000 in the United States, China, and other countries. The price reductions vary by region but are around 5% for the most affordable models. This comes as Tesla faces challenges such as delivering fewer cars and increased competition.