A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond announced Friday that it has struck a deal with act...
Tag: Retail industry
Gopuff partners with Morrisons in UK for speedy grocery delivery
Gopuff and Morrisons are partnering up for speedy grocery deliveries in more than 20 cities across the U.K. Gopuff LONDON — American instant delivery start-up Gopuff said Friday it has partnered with ...
Darden Restaurants (DRI) Q3 2022 earnings miss estimates
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that missed analysts’ expect...
Walmart sues BJ’s Wholesale claiming theft of Sam’s Club self-checkout tech
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accus...
Petco is inflation-proof, CEO says
A customer exits a Petco store in Clark, New Jersey. Ron Antonelli | Bloomberg | Getty Images Petco CEO Ron Coughlin on Wednesday said the specialty retailer has a key advantage in an uncertain enviro...
Beyond Meat, PepsiCo meatless jerky launches
PLANeT Partnership’s new meatless jerky alternative Source: Beyond Meat Beyond Meat and PepsiCo announced Wednesday they will launch meatless jerky as the first product under their PLANeT Partne...
Adidas announces new network that will allow more than 50,000 student-athletes to be paid ambassadors
Adidas announced Wednesday a new “name, image and likeness” network that will be open to student-athletes at NCAA Division 1 Adidas-sponsored schools. The new program will allow more than ...
Seattle Starbucks union vote passes unanimously in the company’s hometown
Starbucks Barista Gianna Reeve, part of the organizing committee in Buffalo, New York, speaks in support of workers at Seattle Starbucks locations that announced plans to unionize, during a rally at C...
Vikings owner Mark Wilf aided refugees at Poland border
With the NFL’s annual meetings set for this weekend, Minnesota Vikings co-owner Mark Wilf has more on his mind than just football. Last week, he brought a humanitarian group to the Poland-Ukrain...
Nike recovers in China, potential good omen for retailers
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Glimmers of hope for Nike in China...
Nike (NKE) reports fiscal Q3 2022 earnings
A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike on Monday reported earnings and sales for the fiscal third quarter ...
Kohl’s confirms it has received multiple preliminary buyout offers
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 Images Kohl’s on Monday confirmed it has receive...
Nike (NKE) about to report Q3 2022 earnings: Here’s what to expect
Shoes line the shelves at the Nike store on December 21, 2021 in Miami Beach, Florida. Joe Raedle | Getty Images Nike‘s post-earnings comments Monday could be a harbinger of how the retail indus...
Indian beauty company Nykaa looks to physical retail expansion
While Nykaa started as an e-commerce platform, founder and CEO Falguni Nayar is a “big believer” in physical retail and said there is demand from consumers. “The last two years have ...
Indian beauty company Nykka looks to physical retail expansion
While Nykka started as an e-commerce platform, founder and CEO Falguni Nayar is a “big believer” in physical retail and said there is demand from consumers. “The last two years have ...
Burger King moves to divest from Russian joint venture
A man holds meals from the Burger King restaurant on May, 15, 2020 in Dedovsk, Russia. Mikhail Svetlov | Getty Images Burger King is moving to divest its 15% stake in its Russian business, but the bur...
GameStop (GME) Q4 2021 earnings
A mall visitor walks be a GameStop store on December 08, 2021 in San Rafael, California. Justin Sullivan | Getty Images GameStop shares on Thursday fell more than 8% in extended trading, after the vid...
Impossible Foods taps top Chobani executive for its new CEO
Impossible Foods CEO Pat Brown in 2019 Robyn Beck | AFP | Getty Images Impossible Foods founder Pat Brown is stepping down as CEO, and Chobani’s departing operating chief, Peter McGuinness, will...
Hydrow raises millions as at-home fitness industry faces post-Covid reckoning
Hydrow, maker of a $2,500 connected rowing machine, said Thursday it has landed another $55 million in funding to fuel its growth while the at-home fitness industry undergoes a shakeout as consumers r...
Warby Parker (WRBY) reports Q4 2021 losses
A customer tries on glasses at a Warby Parker store in Los Angeles. Michael Buckner | Getty Images Warby Parker shares sunk in premarket trading Thursday after the eyewear retailer reported continued ...
Target’s solar panel carports at California store may be a green model
Target has added carport canopies with solar panels to power one of its California stores with renewable energy. The retailer said it will test the approach and may expand it to other locations. Targe...
Who could be in the running
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks‘ board is searching for the coffee giant’s next CEO after Kevin Johnson announced his plan to retire in April. Former CEO Howard S...
Stocks making the biggest moves after hours: Lennar, Williams-Sonoma and more
A contractor carries boards through a house under construction at the Lennar Corp. Tree Tops community development in Lancaster, South Carolina, U.S., on Monday, Jan. 8, 2018. Travis Dove | Bloomberg ...
Kohl’s shares jump after report says Hudson’s Bay is considering buyout bid
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 Images Kohl’s shares jumped nearly 7% Wednesday ...
Walmart wants to hire more than 50,000 workers in new-business push
An employee restocks frozen food products at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Wednesday that it wants to hire more than 50,000 emp...
Retail sales February 2022 come up short as inflation puts dent in consumer spending
An Amazon Prime truck pulls away after a delivery in Washington, DC, on February 17, 2022. Nicholas Kamm | AFP | Getty Images Consumers continued to spend in February through at a slower pace than exp...
Starbucks unveils new plans to eliminate single-use cups, encourage reusable mugs
A protestor walks past a caricature made of coffee cups outside of the Starbucks Annual Shareholders Meeting at McCaw Hall, on March 21, 2018 in Seattle, Washington. Stephen Brashear | Getty Images Wh...
Macy’s overhauls its website and trains personal stylists
Macy’s store in Herald Square in New York. Scott Mlyn | CNBC Macy’s is preparing to overhaul its website and train some of its workforce to be personal stylists in a bid to win more custom...
Retail sales will grow this year, but at a slower rate than in 2021, trade group says
Miami, Florida, Brickell City Centre shopping mall with Apple Store, Chanel and escalators. Jeff Greenberg | Universal Images Group | Getty Images Retail sales in the U.S. are expected to grow between...
Bowery’s vertical farming strawberries go on sale in New York
Bowery Farming’s Chief Commercial Officer Katie Seawell holds up two different varieties of strawberries grown by the vertical farming company in its Kearny, NJ farm. The company is debuting ber...