Tag: Retail industry
Ulta Beauty names new CEO Kecia Steelman to replace Dave Kimbell
People walk past an Ulta Beauty store in the Manhattan borough of New York City on March 8, 2022.Carlo Allegri | ReutersUlta Beauty CEO Dave Kimbell i [...]
DraftKings tests subscription service in New York
Sports betting company DraftKings' logo is displayed on a smartphone screen.Budrul Chukrut | Lightrocket | Getty ImagesDraftKings is upping the ante.T [...]
Wendy’s, Denny’s, Red Lobster close locations in 2024
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years t [...]
U.S. sues Walmart, Branch Messenger over driver payment accounts
A Walmart truck pulls out of a Walmart Distribution Center in Hurricane, Utah, on May 30, 2024.George Frey | Afp | Getty ImagesThe Consumer Financial [...]
Nordstrom to go private in $6.25 billion deal with founding family
A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesNordstrom on Monday announced it will [...]
CEO departures at U.S. companies hit a record this year
Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuter [...]
Party City to close all of its stores, report says
A sign in a Party City store in Miami, Florida, on Jan. 18, 2023.Joe Raedle | Getty ImagesParty City on Friday announced it will close all of its stor [...]
Starbucks workers strike in LA, Chicago and Seattle ahead of Christmas
Starbucks Workers United members picket outside a Starbucks store in Chicago, Illinois, US, on Friday, Dec. 20, 2024. Vincent Alban | Bloomberg | Gett [...]
Mall restaurants like Cheesecake Factory, Eataly help to draw shoppers
Editor's note: This is the third story in a three-part CNBC series about the future of U.S. shopping malls, as developers transform the spaces to add [...]
Pro pickleball players are getting a higher salary than WNBA players
NEW YORK CITY, NY - SEPTEMBER 21: Anna Leigh Waters of the New Jersey Fives rallies the ball during a Major League Pickleball match on September 21, 2 [...]
Darden Restaurants (DRI) Q2 2025 earnings
Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts' expectations and better-than-expected same-store sales growt [...]
Nike (NKE) earnings Q2 2025
Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024.Frederic J. Brown | Afp | Getty ImagesNike on Thursday will report its f [...]
How Vuori is taking on Lululemon
When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men's shorts and couldn't get investors to give it the time [...]
Holiday decor spending could help retailers
Zoom In IconArrows pointing outwardsThe Milam family turned its front lawn into a holiday-themed putt-putt course. Going all out on Christmas decorati [...]
Starbucks union authorizes strike ahead of bargaining session
A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of Americ [...]