A JD.com courier drives past the Zaha Hadid-designed Galaxy Soho complex in Beijing, China, on Saturday, Feb. 18, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China has yet to see a strong reb...
Tag: Retail industry
Allbirds (BIRD) Q4 earnings 2022
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Footwear retailer Allbirds on Thursday unveiled ...
Gap (GPS) Q4 earnings 2022
People walk by the Gap retail store in Century City on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images Gap reported disappointing holiday-quarter results Thursday and anno...
Ulta Beauty (ULTA) earnings Q4 2022
Kylie cosmetics display at an ULTA store in New York. Scott Mlyn | CNBC Ulta Beauty topped Wall Street’s expectations for its holiday-quarter earnings and revenue, as shoppers continued to save ...
Roku will sell company-made smart TVs at Best Buy
A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | R...
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas o...
Global brands look to boost media investment
IOC executive board member Angela Ruggiero attends the Medal Ceremony on day six of the PyeongChang 2018 Winter Olympic Games at Medal Plaza on February 15, 2018 in Pyeongchang-gun, South Korea. Alexa...
WeightWatchers stock surges after Sequence deal
Weight Watchers brand ice cream in a supermarket freezer in New York. Richard Levine | Corbis News | Getty Images Shares of WW International, also known as WeightWatchers, skyrocketed Tuesday after th...
Dick’s Sporting Goods (DKS) Q4 2022 earnings
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Tuesday reported holiday-quarter results that beat...
Lego sales leap as fans buy Harry Potter, Star Wars sets
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on Monday, March 7, 2022. Bloomberg | Getty Images Lego sales are building on pandemic-era growth, boosted ...
Best Buy and Atrium Health set in-home hospital care deal
Best Buy is best known for installing TVs and home theater systems. Now, its Geek Squad is helping to set up virtual hospital rooms. The consumer electronics retailer said Tuesday it has struck a thre...
Toblerone to drop Matterhorn from packaging due to ‘Swissness’ laws
Toblerone chocolate bars with a representation of the Matterhorn mountain (back) and of a generic mountain (front) in Geneva. The Swiss Matterhorn peak will be removed when some of the chocolate’...
Marlboro maker Altria to buy NJOY
In a bid to strengthen its portfolio of smoke-free products, Altria Group said Monday it would buy e-cigarette startup NJOY for $2.75 billion. Altria, which makes Marlboro cigarettes, will have full g...
Nestle, Tyson, food giants bet on air fryers
An Air Fryer for sale at Kroger Marketplace in Versailles, Kentucky, U.S., on Tuesday, Nov. 24, 2020. Scotty Perry | Bloomberg | Getty Images Kettle Foods, known for its kettle-cooked potato chips, re...
How top women executives in sports and betting are leading by example
FanDuel CEO Amy Howe stands out in a crowd — in spite of her slight stature. In a room full of executives in the sports or gambling industries, she’s often one of very few women. But Howe has th...
Best Buy (BBY) earnings Q4 2023
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Thursday reported holiday-quarter earnings and revenue that topped Wall Street’...
Macy’s (M) earnings Q4 2022
People wait in line to enter Macy’s department store during Black Friday in New York City on November 25, 2022. Yuki Iwamura | AFP | Getty Images Macy’s shares surged Thursday, as the comp...
Bernie Sanders calls vote on Starbucks’ Howard Schultz subpoena
Starbucks Chairman and former CEO Howard Schultz Jason Redmond | AFP | Getty Images Sen. Bernie Sanders is making good on his threat of a subpoena for Starbucks CEO Howard Schultz on what Sanders has ...
Il Makiage creator Oddity says it’s profitable
Oddity Il Makiage Coutesy: Oddity Oddity — the direct-to-consumer beauty and wellness platform known for its ubiquitous Il Makiage social media ads — is making money and growing in an environment that...
Kohl’s (KSS) earnings Q4 2022
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s shares sunk ...
Lowes (LOW) Q4 earnings 2022
A Lowe’s Home Improvement Warehouse worker collects carts in a parking lot on August 17, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images Lowe’s on Wednesday report...
Target invests in cheap chic as sales slow
An increased number of mannequins feature clothing and shoes throughout the remodeled Target store in Orange, California. Jeff Gritchen | MediaNews Group | Getty Images NEW YORK — As Target sees growt...
Target (TGT) earnings Q4 2022
A shopper leaves a Target store in New York, August 15, 2021. Scott Mlyn | CNBC Target on Tuesday topped Wall Street’s earnings expectations for the first time in a year, as its holiday-quarter ...
Beyond Meat (BYND) Q4 2022 earnings
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat on Thursday reported a narrowe...
Starbucks CEO Howard Schultz touts new olive oil coffee
Starbucks’ new line of olive oil-infused coffee drinks could disrupt the industry, interim CEO Howard Schultz told CNBC’s Jim Cramer on Tuesday. “This is a transformational moment in...
Target bets on e-commerce, invests in delivery hubs
The Target Corporation logo displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Target said Wednesday it will spend $100 million to build a larger network of s...
Adidas, Major League Soccer renew deal
Major League Soccer and sportwear giant Adidas agreed to a multiyear extension of their partnership. The deal, announced days before MLS kicks off its 28th season, goes through 2030 and is valued at $...
Walmart CEO Doug McMillon vows to fight inflation
Doug McMillon, president and CEO of Walmart. Adam Jeffery | CNBC Walmart CEO Doug McMillon wants to help bring inflationary prices down by keeping his company’s own private brands priced low, te...