Feb 20, 2018

02/20/2018: Splurging during Chinese New Year

The Year of the Dog was celebrated by millions of Chinese people around the world on Feb. 16. Jack Taylor/Getty Images

(U.S. Edition) The grocery chain Albertsons is planning to buy part of Rite Aid in a $24 billion deal. On today's show, we'll look at the tough supermarket landscape that big chains have to face these days. Afterwards, we'll discuss Walmart's venture into new apparel brands so that it can compete with Amazon, and then find out what some people in China are planning to splurge on this Chinese New Year.

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For many, Chinese New Year is a time to splurge

by Jennifer Pak

Feb 20, 2018

Here is a look at what people in China are buying to mark the Year of the Dog.

The Year of the Dog was celebrated by millions of Chinese people around the world on Feb. 16.

Jack Taylor/Getty Images

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(U.S. Edition) The grocery chain Albertsons is planning to buy part of Rite Aid in a $24 billion deal. On today’s show, we’ll look at the tough supermarket landscape that big chains have to face these days. Afterwards, we’ll discuss Walmart’s venture into new apparel brands so that it can compete with Amazon, and then find out what some people in China are planning to splurge on this Chinese New Year.