STRESSRELIEFNEWSLETTER.COM: Latest News of The Hour

Latest News of The Hour: Retail

10:50 2019-08-25

Gap's second-quarter sales fall short of estimates, CEO calls out 'challenging environment' Gap Inc.'s fiscal second-quarter earnings topped analysts' estimates but sales missed. Same-store sales dropped 4% during the period, worse...
00:00 2019-08-23

Target still has room to climb after 20% gain, Citi says Target shares closed Wednesday up more than 20%, after the retailer reported impressive profit growth and a spike in traffic that surpassed analysts&...
22:00 2019-08-22

Former OMB director says a halt in US consumer spending would bring on a recession Jim Nussle, a former Office of Management and Budget director, told CNBC that a strong U.S. consumer is the only thing keeping the country from reces...
01:56 2019-08-22

Victoria's Secret drags down parent company L Brands second-quarter earnings The sexy image that once boosted Victoria's Secret has been haunting L Brands more recently, as women are steering clear of the brand's hot...
23:14 2019-08-21

Lowe's stock surges after beating second-quarter earnings and revenue estimates "Lowe's has lagged for years ... it seems that under the guidance of Marvin, the new CEO, Lowe's is really getting its act together," said ...
13:14 2019-08-21

Stocks have rebounded big in a short time. History shows market momentum should continue Stocks are climbing fast as fears over a U.S. recession appear to be easing. According to market history, this upward momentum could continue for ano...
22:28 2019-08-20

At age 22, she gave up studying law to sell $63,000 swimsuits and $2,300 bras Claudia Lambeth realized becoming lawyer wasn't what she was passionate about, so at 22 years old she took a giant leap and started a luxury lin...
16:42 2019-08-18

The often-hated open floor plan gets a new savior: The office pod In recent years, pods have been embraced in offices across the nation. They provide a quiet space for office workers to conduct important phone calls...
20:56 2019-08-17

5 things to know before the stock market opens Thursday Futures swing; 30-year yield hits historic lows; China threatens tariff countermeasures; Hong Kong unveils economic stimulus; Walmart shares surge on...
23:42 2019-08-16

This is what's behind Walmart's staying power that could outmaneuver Amazon For 20 years Walmart has struggled to pull its online act together while Amazon.com seized nearly half of the US online shopping market. But Walmart&...
23:42 2019-08-16

Trade war is turning China's local manufacturers to the domestic market, says tech giant Chinese e-commerce giant JD.com sees a business opportunity in factories that have been affected by trade tensions between the world's two large...
10:28 2019-08-14

Retail stocks surge after tariffs for clothing, footwear delayed Shares of retailers jumped Tuesday after the United States Trade Representative announced it was delaying proposed tariffs on clothing, footwear and ...
21:42 2019-08-13

Trump says he delayed tariffs because of concerns over Christmas shopping season The Trump administration announced hours earlier that it would delay until Dec. 15 some of the tariffs that were originally scheduled to come into ef...
21:42 2019-08-13

American consumers are worrying more about Amazon's power, a new CNBC survey finds There's been a steady slide toward pessimism among the American public when the topic is Amazon. Whether influenced by politics or not, the chan...
21:42 2019-08-13

We are in the middle of the great American department store shakeout—and there's no stopping it The pressure facing Macy's, Nordstrom and J.C. Penney is the same: as the retail industry has transformed over the past few decades, department ...
21:42 2019-08-13

Tackling food wastage can be a $2.5 trillion market opportunity for businesses As popular debate continues to grow around the rising climate crisis, a new industry is emerging to take a bite out of one of the key culprits: Food ...
12:14 2019-08-12

Man in body armor and armed with rifle sparks panic at Walmart in Missouri An armed man who walked into a Walmart store in Missouri dressed in body armor and fatigues and was detained at gunpoint by an off-duty firefighter i...
03:56 2019-08-10

Why luxury online retailer Farfetch's stock cratered despite acquisition of megabrand Farfetch shares sank 45% Friday, after the luxury e-commerce company said it planned to acquire New Guards Groups, owner of popular streetwear brand ...
03:56 2019-08-10

New York rents are down from 2014 highs. But Barneys shows massive rent hikes still happen Retail rents in New York corridors including Fifth Avenue around Grand Central, SoHo and the Upper East Side are nowhere near what they once were in ...
00:14 2019-08-09

J.C. Penney faces NYSE delisting J.C. Penney is at risk of delisting from the New York Stock Exchange, after shares of the company traded under $1 for a period of 30 consecutive busi...
00:14 2019-08-09

5 things to know before the stock market opens Tuesday The Dow is set to bounce; China labeled a "currency manipulator"; mortgage rates hit November 2016 lows, ex-Fed chiefs call for independent central b...
21:00 2019-08-08

For kids' clothes, no one retailer has the lock on back-to-school season this year No company has the majority of share of the estimated $34 billion U.S. children's clothing industry. Carter's ended 2018 with the biggest s...
21:00 2019-08-08

Adidas CEO: China tariffs won't affect shoe prices, but currency war may have 'significant' impact Adidas CEO Kasper Rorsted said the prospect of China weakening its currency could have a "significant impact" on the firm's earnings since 25% o...
21:00 2019-08-08

CEO of Wrangler, Lee parent isn't afraid of a recession or tariffs on China-made goods Kontoor Brands put up stronger-than-expected earnings and revenue in its first earnings report as an independent company. Earlier this year, it was s...
21:00 2019-08-08

Jeffrey Epstein 'misappropriated vast sums of money from me,' Les Wexner says L Brands founder Les Wexner said he learned that the money was taken only after he decided in 2007 to sever ties with Epstein, a former friend of Pre...
04:00 2019-08-08

26 Sears, Kmart stores to close in October, company 'cannot rule out' more closures this year More Sears and Kmart stores are set to go dark, as the brands' new parent company, TransformCo, fights to keep the once-bankrupt business afloat...
17:00 2019-08-07

Arizona Tea maker enters the cannabis market In another example of marijuana hitting the mass market, the maker of Arizona Tea is entering the market for vape pens and cannabis-infused gummies a...
17:00 2019-08-07

Columbia Sportswear wants sneaker heads to pay attention to its latest shoe On Monday, Columbia Sportswear unveiled a new line of sneaker-boot hybrids, in the outdoor apparel company's first venture into sneaker culture ...
23:00 2019-08-06

Why Best Buy thrives in the US but died in the UK In the U.S., Best Buy is a rare success story in what has otherwise been a brutal past decade for many brick-and-mortar retailers. But in 2010, the c...
23:00 2019-08-06

5 things to know before the stock market opens The Dow is set to bounce; China labeled a "currency manipulator"; mortgage rates hit November 2016 lows, ex-Fed chiefs call for independent central b...
14:28 2019-08-06

Five apps you've never heard of that teens are using to shop E-commerce giants like Amazon and eBay top the chart of most-used retail apps, but a few you might not have heard of are quickly rising in the ranks....
14:28 2019-08-06

Shake Shack stock soars after reporting earnings beat, raising revenue forecast Shares of Shake Shack rose nearly 3% in extended trading on Monday, after the company reported second-quarter earnings that topped Wall Street's...
06:28 2019-08-06

Victoria's Secret owner L Brands is losing its marketing chief Victoria's Secret owner L Brands is about to lose its chief marketing officer Edward Razek, who's pushed the retailer's sexy image as ...
06:28 2019-08-06

Shake Shack taps Grubhub for nationwide delivery Shake Shack CEO Randy Garutti says the partnership was the result of a "journey" after working with Grubhub, Doordash, Caviar and Postmates for the p...
14:28 2019-08-05

The 90s are back. Here are the companies trying to cash in—and the ones that are failing For years, the fashion world has been riding a wave from the past. Young consumers are turning to the 90s for inspiration, leading to the revival of ...
18:56 2019-08-03

Fears become a reality for retail with a fourth round of tariffs Many consumer products, like clothing, shoes and electronics have been spared from the last three rounds of tariffs. But the remaining $300 billion o...
18:14 2019-08-02

Bed Bath and Beyond is trying to save itself from extinction Bed Bath and Beyond became a massive homegoods retailer with a decentralized structure and a focus on keeping customers happy. But critics say the on...
16:42 2019-08-02

Analysts sorting winners and losers as new set of tariffs take aim at Nike, retailers The list of new tariff goods "disproportionately impacts apparel, footwear, consumer electronics, and toys," forcing Wall Street to decide who will b...
16:42 2019-08-02

Starbucks' stock pops after coffee chain crushes estimates, raises forecast Starbucks raised its full-year earnings and revenue forecast Thursday after more customers returned to cafes in the U.S. and China for pricier drinks...
20:00 2019-07-31

Juul co-founder defends company at hearing over its alleged role in teen vaping 'epidemic' Juul co-founder James Monsees defended the company in a hearing Thursday, as lawmakers grilled him over Juul's alleged role in the teen vaping "...
20:00 2019-07-31

Starbucks shares rise more than 6% on renewed momentum in the US and China Starbucks shares rose by more than 6% in early market trading today after a resounding earnings beat has analysts raising their estimates for the cof...
20:00 2019-07-31

JC Penney is trying new things to stay afloat. But its stock is below $1, at risk of being delisted. J.C. Penney CEO Jill Soltau is doing what she can to keep the 117-year-old department store chain afloat, even as the retailer's shares trade be...
20:00 2019-07-31

Starbucks ramps up US delivery with UberEats as Chinese delivery booms As Starbucks ramps up its U.S. delivery program, the global coffee chain is looking to China — its second-largest market — as an example of how deliv...
20:00 2019-07-31

Diet bars with plus-size orders, 'fake news' shorts: Here's why Forever 21 is forever controversial The fast-fashion retailer is prone to controversy because of a lack of sufficient product review and because of the risks it's willing to take, ...
20:00 2019-07-31

Flyfishing and kayaking trips help L.L. Bean, Orvis sell more gear and attract more customers Outdoor retail brands are beefing up their adventure programs and branded trips to create new customers and deepen relationships with existing ones b...
20:00 2019-07-31

Under Armour shares sink 15% on sales miss and lower forecast in North America For the year, Under Armour now expects sales in North America will decline slightly. It's been struggling to keep up with rivals Nike and Adidas...
20:00 2019-07-31

Under Armour's North America problem hasn't gone away Under Armour's mixed earnings results on Tuesday called attention to the fact that the brand continues to fight to win more shoppers on its home...
20:00 2019-07-31

Gap's newest ad campaign attempts to clarify its identity ahead of the Old Navy spinoff Gap's newest ad campaign is a step to focus the retailer's identity, ahead of plans to spin off Old Navy into a separate, publicly traded c...
20:00 2019-07-31

Procter & Gamble writes down Gillette business but remains confident in its future Despite Procter & Gamble's write-down of its Gillette shaving business, executives said they remain confident about the future of the grooming c...
20:00 2019-07-31

P&G CEO says US consumer 'remains strong' despite global trade concerns Procter & Gamble's CEO tells CNBC the U.S. consumer "remains strong," after the company reported fiscal fourth-quarter earnings that beat Wall S...
20:00 2019-07-31

Ford shares plunge after earnings fall short, 2019 forecast disappoints Ford, which has slashed thousands of jobs this year, is also investing $11 billion by 2022 in electric and hybrid vehicles to try to keep pace in a c...
01:42 2019-07-25

JC Penney is fading. Nordstrom is struggling. Walmart is thriving. That sums up retail. Department stores are clearly under water. And what's going on with the shares of several retailers today paints a clear picture of the dynamic ...
22:42 2019-07-24

Beyond Meat is developing meatless bacon Beyond Meat is developing a meatless version of bacon, but a representative for the company said it is not sharing any concrete plans for the product...
19:56 2019-07-24

Kraft Heinz pulls back on asset sales as it seeks to fix a broken business The beleaguered food giant earlier this year put for sale its Maxwell House coffee business, Breakstone's sour cream and cottage cheese and baby...
18:28 2019-07-24

Credit Suisse cuts Amazon estimates a day before earnings report, citing one-day shipping costs Credit Suisse lowered Amazon's full-year earnings per share estimate as it expects the company to apply the one-day shipping on a large number o...
14:00 2019-07-24

Chipotle's stock hits all-time high after earnings top estimates, raises sales forecast Chipotle Mexican Grill on Tuesday reported that its digital sales nearly doubled during its second quarter, fueling earnings that beat analysts'...
00:56 2019-07-24

Coca-Cola, PepsiCo break ties with plastic lobbying group amid mounting scrutiny over pollution The beverage giants join other companies like Clorox, Becton Dickinson and Ecolab, which ended memberships with the Plastics Industry Association las...
00:56 2019-07-24

Nike 'Waffle Shoe' sells for $475,500, becoming the most expensive sneakers ever auctioned The sneakers were purchased by Canadian entrepreneur Miles Nadal, and were part of a collection of 100 of the rarest sneakers ever made that was bein...
00:56 2019-07-24

Chipotle teases carne asada and other potential new menu items Chipotle Mexican Grill teased potential new menu items on its earnings call Tuesday as the chain continues to impress investors under CEO Brian Nicco...
00:56 2019-07-24

Retail stores get a bad rap, as closures pile up. But here's how stores boost online sales A new survey from the International Council of Shopping Centers shows bricks-and-mortar stores clearly offer a boost to online sales, and vice versa....
00:00 2019-07-23

Kids clothing retailer Rockets of Awesome nabs former Walmart e-commerce exec for SVP role At Rockets of Awesome, Turner will be a senior vice president responsible for digital and marketing. He'll report to founder Rachel Blumenthal, ...
21:14 2019-07-22

Major retailers are launching affordable clothing lines for children with disabilities Retailers are finding ways to create affordable clothing for children with disabilities. Kohl's Target, Tommy Hilfiger and Zappos have all launc...
21:14 2019-07-22

Missed Amazon Prime Day? You can still find the best back-to-school deals Back-to-school spending this year is forecast to top $80 billion with American families spending between $700 and $1,000 dollars on students. Amazon ...
19:00 2019-07-19

Walmart announces executive shuffle to further integrate stores and digital Walmart is making further organizational changes to further integrate its store and digital operations and leadership, according to a memo obtained b...
19:00 2019-07-19

AB InBev stock up on report it may sell assets after scrapping Asia IPO plan Anheuser-Busch InBev is considering selling off business units in South Korea, Australia and Central America, the Wall Street Journal reported. The b...
19:28 2019-07-18

Amazon says this year's Prime Day surpassed Black Friday and Cyber Monday combined Amazon also said that on Monday and Tuesday it sold more Amazon devices — like the Echo Dot, the Fire TV Stick and Alexa Voice Remote — over a two-da...
15:56 2019-07-17

The best Amazon Prime Day deals could be these ETFs Amazon Prime Day has market watchers hunting for deals on and offline, and ProShares strategist Simeon Hyman has a few suggestions for how to play th...
17:00 2019-07-16

Biggest Amazon Prime buy of all may start the day after the sale ends Amazon Prime Day is expected to set a new sales record for the online retail giant, bringing in close to $6 billion this week, but another big Amazon...
17:00 2019-07-16

Amazon is using Prime Day this year to try to win in fashion The market for apparel and accessories globally is worth more than $1 trillion, so Amazon clearly sees there's a lot at stake here. It's us...
18:00 2019-07-15

Fear missing out? Amazon knows it—and uses it to make Prime Day sales Amazon's marketing for its annual Prime Day plays on our fear of missing out on deals and discounts. Experts weigh in on the consumer psychology...
00:42 2019-07-15

Fred's will close 129 stores and hold clearance sales. Here's a map of each location Discount retailer Fred's said it will close another 129 stores and hold clearance sales as the company works to repay debt and diversify its pro...
18:28 2019-07-12

Amazon Prime Day to test one-day delivery as value of sales could soar to as much as $6 billion Amazon Prime Day, which begins in just three days, will test the company's promise to provide one-day shipping for more than 10 million products...
18:28 2019-07-12

Domino's Pizza faces new threat from delivery apps like UberEats and GrubHub, Morgan Stanley says Domino's built its business around a fleet of drivers who deliver hot pizzas fast. But outside delivery companies now pose a real threat to abou...
17:56 2019-07-11

America's 10 most expensive states to live in 2019 These states are the most expensive places to live in America, according to CNBC's 2019 Top States for Business study released Wednesday. CNBC s...
01:56 2019-07-11

Cramer: Four stocks are putting up a fight against Amazon in retail "In a retail environment dominated by a handful of players ... there are smaller operators that we have found ways to like and win with," Jim Cramer ...
01:14 2019-07-10

Amazon Prime Day could be the 'record-breaking event' to boost consumer stocks next week Amazon's annual sales event will not only break its own records, but send the rest of the consumer discretionary group higher, says CFRA's ...
23:00 2019-07-08

Sriracha maker loses lawsuit to its former jalapeno grower The maker of Sriracha hot sauce lost its legal battle with its former jalapeno supplier after a California jury awarded the pepper grower $23.3 milli...
20:28 2019-07-05

Nathan's hot dog eating contest offers the frank a rare chance to shine The humble hot dog is a common sight at Fourth of July celebrations, and is an established part of the American diet. But the category has been stagn...
15:42 2019-07-04

Nike should've done their research on 'Betsy Ross' flag, says Motus One CEO Nike should've anticipated the controversy surrounding the early American flag on the sneakers it has since pulled, and the decision the company...
16:42 2019-07-03

Nike's 'Betsy Ross' sneakers are selling for more than $2,000 on sneaker resale site StockX The "Betsy Ross flag" sneakers will now be hard to come by after Nike reportedly told the retailers it sent them to as part of a celebratory Fourth-o...
16:14 2019-07-02

Kim Kardashian is renaming her 'Kimono' company after causing an uproar Reality TV star Kim Kardashian said she's going to change the name of her new "Kimono" brand venture after causing an uproar and drawing accusat...
19:42 2019-07-01

JetBlue sues Walmart for trademark infringement over Jetblack service JetBlue Airways has sued Walmart for trademark infringement, after the world's largest retailer began using the name Jetblack for its text-based...
23:56 2019-06-27

Home Depot CEO says company hopes to cut costs to reduce impact of tariffs on consumer prices Home Depot CEO Craig Menear said the company aims to minimize any impact that potential tariffs will have on customers by cutting costs elsewhere in ...
23:56 2019-06-27

Cheerios maker General Mills stock tumbles after sales disappoint Shares of General Mills tumbled Wednesday after the Cheerios maker's quarterly revenue fell short of analysts' estimates as fewer Americans...
23:56 2019-06-27

Nike misses on earnings, but beats on revenues as customers buy more sneakers and sports gear Nike sold more sneakers and gear during the fiscal fourth quarter than Wall Street expected, helping to boost revenues by 4% to just over $10 billion...
23:56 2019-06-27

How to future-proof companies and CEOs: Highlights from CNBC Evolve CNBC recently held Evolve in New York City. Among the highlights: Best Buy chairman Hubert Joly on the secrets to his amazing retail turnaround and T...
21:42 2019-06-21

Dressbarn announces first store closures as part of plan to shutter all 650 locations Parent company Ascena Retail Group announced in May it planned to wind down Dressbarn and ultimately shut all 650 or so of the women's clothing ...
19:56 2019-06-21

Elon Musk's flamethrower incenses New York lawmakers. State Senate passes bill banning the weapon The New York State Senate passed a bill to make possession of a flamethrower for recreational use a crime, specifically calling out Elon Musk and the...
18:28 2019-06-21

Vera Bradley acquires a majority stake online jewelry store Pura Vida Bracelets Vera Bradley announced Thursday it agreed to pay $75 million to buy a majority stake in Creative Genius, the owner of Pura Vida, an online seller of ...
17:42 2019-06-20

I tried out a vegetarian diet for 21 days. Here's what I learnt about the growing meatless movement. Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whet...
06:28 2019-06-20

Hubert Joly: People said I was 'crazy or suicidal' for taking Best Buy job. Then he turned it around Hubert Joly announced in April he was ceding the chief executive spot to Corie Barry, a move that went into effect earlier this month. Joly will now ...
21:56 2019-06-19

Walmart to test self-driving delivery from warehouse to warehouse Robot-driven vans will be Walmart's next push to lower shipping costs as their online shopping rapidly expands, according to a Bloomberg report....
21:56 2019-06-19

Target CEO Brian Cornell reiterates forecast, apologizes to customers for weekend outages Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers ...
15:56 2019-06-19

How a '90s nostalgia trend powered the comeback of two century-old sports brands The fashion industry is currently swept up in a storm of nostalgia. Riding on this throwback wave, Italian heritage brand Fila and American sweatshir...
10:42 2019-06-19

How the trade war with China could crush California's $2.7 trillion economy and hurt other states The impact of the U.S.-China trade war is greatest in states that export agricultural products, electronics and chemicals directly to China. Californ...
19:00 2019-06-18

Target's stock drops after weekend register meltdown Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other so...
18:28 2019-06-17

Amazon responds to Ocasio-Cortez's claim that it pays warehouse workers 'starvation wages' Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in ...
15:42 2019-06-17

US companies' message to Trump: Don't expand China tariffs Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squeeze profits, and leave U.S. ...
15:00 2019-06-17

Jim Cramer: Put Chewy on the shopping list and buy it on a pullback "Even after today's magnificent run, Chewy isn't all that expensive. The company's got a great growth story and they have legions of l...
02:00 2019-06-15

MGA Entertainment CEO says Mattel will be bankrupt 'within a year or so' after takeover bid rejected MGA Entertainment CEO Isaac Larian said toymaker Mattel will be bankrupt "shortly, within a year or so" after the rival company rejected MGA's t...
01:00 2019-06-14

Busiest US port hit by 7th straight month of export declines amid trade war America's top two busiest container ports, the Los Angeles and Long Beach, on Tuesday reported declines in export volumes in May amid an ongoing...
05:14 2019-06-12

LaCroix parent company's stock falls to multiyear low following lawsuit Shares of National Beverage hit their lowest point since 2016 after a former employee filed a lawsuit alleging he was fired after objecting to a plan...
23:56 2019-06-11

Gary Vaynerchuk: I've seen this side hustle generate up to $100,000 for kids in debt Gary Vaynerchuk, serial entrepreneur turned social media mogul, may be worth $160 million but he still loves a good side hustle. He has witnesses a g...
16:14 2019-06-11

Starbucks is testing a reusable cup program at London's Gatwick Airport Starbucks is launching a reusable cup program at London's Gatwick Airport to offer customers free reusable cups they can drop off throughout the...
20:00 2019-06-10

Walmart will save $30 million by putting new step stools in its warehouses CEO Doug McMillon said Walmart will save at least $30 million this year by putting lighter-weight step stools in its distribution centers for workers...
18:28 2019-06-07

Walmart is going to start delivering groceries inside shoppers' homes Starting this fall, nearly 1 million people across three cities — Kansas City, Missouri, Pittsburgh and Vero Beach, Florida — will have access to Wal...
06:42 2019-06-07

Stitch Fix CEO says it's getting better at finding the most valuable customers for its service Shares of Stitch Fix rose nearly 15% Thursday after the online personal styling company reported Wednesday that it beat earnings and sales expectatio...
00:14 2019-06-07

Stitch Fix spikes 26% after beating earnings and revenue expectations Shares of Stitch Fix soared 26% in after-market trading Wednesday after the online personal styling company reported it beat earnings and sales expec...
22:56 2019-06-05

How Best Buy came back from the brink of death and took on Amazon Best Buy was a behemoth in electronics retail that nearly died. It engineered a miraculous turnaround, and now a new CEO intends to keep the momentum...
15:42 2019-05-30

Foot Locker is kicked to the curb, and one technical analyst says it's on track for new lows Foot Locker got roughed up last week. Charts suggest it could see short-lived relief, but beware a fake rally, says Piper Jaffray's Craig Johnso...
14:28 2019-05-28

Casper, Kylie Jenner's billion-dollar mattress, could be an IPO market sleeper Over 800,000 Instagram likes from Kylie Jenner's followers does not alone make mattress start-up Casper worth billions, but recent hot performan...
20:28 2019-05-26

Elizabeth Warren and AOC target Treasury Secretary Mnuchin over Sears bankruptcy In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO...
18:00 2019-05-23

Meet the 27-year-old set to be India's first woman to co-found a $1 billion start-up At 27, Ankiti Bose is already the CEO of online shopping site Zilingo, and on course to become the first Indian woman to co-found a $1 billion start-...
10:28 2019-05-23

Target CEO Brian Cornell says the winners and losers in retail are emerging Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online...
18:56 2019-05-22

Starbucks' China challenger Luckin Coffee shares fall below IPO price Shares of Luckin Coffee fell Wednesday morning, joining the likes of Uber and Lyft by dropping below its initial public offering price days after its...
18:56 2019-05-22

Dressbarn is about to close 650 stores — here's a map of these locations As shopping has shifted online and styles have evolved, Ascena has been grappling with sagging sales and a large debt-load. Looking to stem the losse...
21:28 2019-05-21

Here's how we're different from Starbucks, says CFO of China's Luckin Coffee on IPO day The CFO China's Luckin Coffee says the tech-based beverage company's business model is setting itself apart from U.S. coffee giant Starbuck...
17:28 2019-05-21

Walmart gives a first look at its sprawling new home office in Bentonville Walmart is one step closer to moving into a new home office for more than 14,000 people, which will be outfitted with fitness centers for employees a...
17:28 2019-05-21

Men are a multibillion dollar growth opportunity for the beauty industry The men's personal care industry is predicted to hit $166 billion by 2022, according to Allied Market Research. Last year, men's skin-care ...
17:28 2019-05-21

Kohl's lands deal with Fanatics to sell its licensed sports gear online Kohl's has signed a deal with Fanatics to sell a wide selection of items from the licensed sports retailer, including NFL jerseys and NBA T-shir...
17:28 2019-05-21

Dozens of shoe retailers, including Nike and Adidas, sign letter to Trump urging a halt to tariffs More than 170 shoe retailers have penned a letter to the White House asking President Donald Trump to consider a halt to tariff increases on footwear...
17:28 2019-05-21

McDonald's faces new complaints related to handling of sexual harassment cases The Time's Up Legal Defense Fund, the American Civil Liberties Union and fast-food workers coalition Fight for $15 said Tuesday that they have f...
17:28 2019-05-21