Tag: Retail industry
Starbucks’ North American head to leave the company as chain shakes up leadership
A pedestrian carries a Starbucks branded cup in San Francisco, California, U.S., on Thursday, April 28, 2022. Starbucks Corp.David Paul Morris | Bloom [...]
Chipotle tests cauliflower rice at select stores in Arizona, California and Wisconsin
Employees prepare orders for customers at a Chipotle Mexican Grill restaurant in Hollywood, California.Patrick T. Fallon | Bloomberg | Getty ImagesChi [...]
Revlon files for Chapter 11 bankruptcy protection
Daniel Acker | Bloomberg | Getty ImagesCosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cu [...]
These could be the next hot food and drink trends
Pasta is coming back in different shapes and flavors, drinking vinegar is cool, and comfort food favorites like pancakes are being made with new ingre [...]
Unexpected 0.3% decline, hammered by inflation
Retail sales turned negative in May as consumers pulled back spending while inflation surged, the Commerce Department reported Wednesday.Advance retai [...]
Stew Leonard’s boss accused of racist, sexist, anti-Semitic remarks
Customers push shopping carts outside a Stew Leonard's supermarket in Paramus, New Jersey, U.S., on Tuesday, May 12, 2020. Stew Leonard Jr. said that [...]
Coca-Cola and Brown-Forman team up for new drink
Brown-Forman and The Coca-Cola Company announce plans to debut Jack Daniel's® Tennessee Whiskey and Coca-Cola®™ Ready-to-Drink CocktailCourtesy: Coca- [...]
Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion
Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply [...]
Walmart strategy to launch apparel, home brands is being put to the test
Scoop is one of Walmart's exclusive fashion brands. It has also struck deals with national brands like BCBG Paris.Melissa Repko | CNBCSPRINGDALE, Arka [...]
Simon Property CEO aims to create new sales event as inflation surges
David Simon, chairman and chief executive officer of Simon Property GroupPatrick T. Fallon | Bloomberg | Getty ImagesDavid Simon, the chief executive [...]
Bonobos founder who helped transform Walmart opens up about mental health struggles
Burn Rate: Launching a Startup and Losing Your MindAndy Dunn's start-up, Bonobos, was being courted for an acquisition by retail giant Walmart. It was [...]
Stitch Fix shares sink after company announces layoffs, offers weak guidance
Stitch Fix said Thursday that it is laying off 15% of salaried positions within its workforce, mostly in corporate roles and styling leadership positi [...]
Why Franchise Group wants to buy Kohl’s and what could happen next
Shoppers enter a Kohl's store in Peoria, Illinois.Daniel Acker | Bloomberg | Getty ImagesA little-known conglomerate of companies including the Vitami [...]
Fanatics strikes deal with colleges, student athletes to launch Topps cards
Fanatics display at the All-Star Players House Presented by MLBPA located at the Corner Alley Bar & Grill on July 07, 2019 in Cleveland, Ohio.Duan [...]
Target warns of squeezed profits from aggressive inventory plan
Target warned investors Tuesday that its profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive step [...]