Category: Retail News
To fix Starbucks, incoming CEO Brian Niccol will have to tackle its mobile app problem
When Brian Niccol steps in as CEO of Starbucks, he'll be tasked with fixing the chain's operational issues. [...]
Here’s why Walgreens and CVS retail pharmacies are struggling — and what they’re doing to fix it
Drugstores remain an important fixture of the U.S. health-care system that tens of millions of Americans rely on, but they may need to reinvent themse [...]
Why 90% of the U.S. avocado supply comes from Mexico
Avocados' popularity has skyrocketed in the U.S. thanks to Mexico, which provides nearly 90% of U.S. avocado supply. Can the U.S. ever catch up? [...]
Brian Niccol’s fix for Starbucks’ China cafes could set the tone for where shares head next
The leadership shake-up has left Wall Street wondering what the new executive will do about the struggling China business. [...]
These 3 retail stocks are set up to win this back-to-school shopping season
Wall Street expects lackluster spending heading into this new school year — an environment that plays to the strengths of some retailers. [...]
Cramer says Walmart’s strong quarter may not be indicative of consumers as a whole
CNBC's Jim Cramer reviewed Walmart's quarter, suggesting its strong results are due to its strategy and might not broadly reflect the consumer economy [...]
Walmart says prices are coming down — except in one key area
Walmart said inflation was flat in its latest quarter, and revenue growth came from selling more units rather than from higher prices. [...]
TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold
After two years, Brinker International's turnaround of Chili's looks like it's taking hold, as the chain benefits from higher fast-food prices. [...]
Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration
Alibaba continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. [...]
Starbucks and new CEO Brian Niccol, a perfect match? Why we’re holding the stock to find out
Niccol, who is coming from Chipotle, is up to the task of tackling the unique issues that have plagued Starbucks and stock. [...]