Category: Retail News
Walmart reports its earnings before the bell. Here’s what to expect
Walmart will report its quarterly earnings as economists and investors seek clarity about the consumer and the economy. [...]
Starbucks is giving incoming CEO Brian Niccol $85 million in cash and stock for leaving Chipotle
Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle. [...]
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Earlier this month, DraftKings said it would introduce a surcharge on users in states where taxes on sports betting are highest. FanDuel wouldn't foll [...]
Designer ‘dupes’ go mainstream as shoppers choose affordability over luxury. ‘It just makes more financial sense,’ expert says
More shoppers are buying dupes on TikTok Shop and other ecommerce platforms as a way to participate in a trend without breaking the bank. [...]
Mars to acquire snack maker Kellanova in $36 billion deal
After separating from Kellogg in 2023, Kellanova will become part of Mars Snacking, adding billion-dollar brands Pringles and Cheez-Its to the portfol [...]
3 data points that could impact how big of a Fed rate cut the market gets next month
The recent data certainly supports the idea of a rate cut at the Fed's mid-September meeting, [...]
Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
Starbucks tapped Brian Niccol as its latest CEO, effective Sept. 9, after sales slumped under Laxman Narasimhan. [...]
Home Depot may need an interest rate cut to boost its sales
Home Depot has been hurt by higher interest rates, which have slowed housing turnover and demand for bigger projects. [...]
Jim Cramer: What Starbucks shareholders should do after 20% stock pop on CEO change
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Chipotle stock falls as CEO Brian Niccol leaves for Starbucks
Chipotle stock fell 10% in premarket trading Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become CEO of S [...]