Tag: Retail industry
McDonald’s Russian shutdown will cost fast-food chain $50 million a month
A McDonald's restaurant in St. Petersburg, Russia.Peter Kovalev | TASS | Getty ImagesMcDonald's expects that its Russian shutdown will cost the fast-f [...]
Lululemon footwear marks new product to take on Nike, Adidas
Lululemon CEO Calvin McDonald said that launching into shoes was the next natural step for the leggings maker.Source: LululemonLululemon is venturing [...]
Coca-Cola, McDonald’s, Pepsi and Starbucks suspend business in Russia
PepsiCo, Coca-Cola, McDonald's and Starbucks each said Tuesday they are suspending business in Russia after that country's invasion of Ukraine, a symb [...]
Stitch Fix shares plummet after company cuts guidance for the year
The Stitch Fix application for download in the Apple App Store on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 20 [...]
Starbucks suspends all business in Russia as Putin’s forces attack Ukraine
A woman drinks coffee in a Starbucks in a mall in Khimki outside Moscow.Alexander Natruskin | RussiaStarbucks is suspending all business activity in R [...]
McDonald’s temporarily closes Russia restaurants amid Ukraine war
McDonald's, citing "the needless human suffering unfolding in Ukraine," announced Tuesday it will temporarily close 850 locations in Russia. The decis [...]
Dick’s Sporting Goods (DKS) reports Q4 2021 earnings beat
Signage outside a Dick's Sporting Goods Inc. store in Clarksville, Indiana, on Monday, Nov. 9, 2020.Luke Sharrett | Bloomberg | Getty ImagesDick's Spo [...]
Sustainability alone is not enough for consumers to change habits, Garnier exec says
Lechatnoir | E+ | Getty ImagesSustainability alone will not be enough for consumers to change their shopping habits and products must "deliver for the [...]
Kohl’s (KSS) issues long-term financial targets at investor day 2022
The Kohl's logo is displayed on the exterior of a Kohl's store on January 24, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesKohl's, fac [...]
Michael Kors-parent Capri Holdings ditches CEO succession plan; shares fall
Joshua Schulman is seen at Michael Kors intimate Cocktail Party in Celebration of his 40th Anniversary on September 23, 2021 in Milan, Italy.Victor Bo [...]
McDonald’s declines to comment on war, has exposure in Russia
A McDonald's restaurant in Moscow.Andrey Rudakov | Bloomberg | Getty ImagesU.S. fast-food chains have limited exposure to Russia and Ukraine, but McDo [...]
Bed Bath & Beyond shares surge after GameStop chairman reveals big stake
Customers carry bags from Bed Bath & Beyond store on April 10, 2013 in Los Angeles, California.Kevork Djansezian | Getty Images News | Getty Image [...]
The pros and cons of installment payments
You can use buy now, pay later for just about everything these days.Since the start of the pandemic, installment payments have exploded in popularity [...]
Kroger, Impossible Foods partnership stirs fall in Beyond Meat stock
Impossible Pork Char Siu Buns are sampled during an Impossible Foods press event for CES 2020 at the Mandalay Bay Convention Center on January 6, 2020 [...]
The big jobs growth for economy isn’t helping small business
A "now hiring" sign is posted in the window of a restaurant in Los Angeles, California on January 28, 2022.Frederic J. Brown | AFP | Getty ImagesThe l [...]