Category: Retail News
Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol
After several quarters of weak sales, Starbucks has tapped Chipotle CEO Brian Niccol as Laxman Narasimhan's replacement. [...]
Home Depot expects sales to weaken as consumers grow more cautious
Home Depot's CFO said homeowners are now deferring projects due to a "sense of greater uncertainty in the economy." [...]
Equinox Group-owned gym chain Blink Fitness files for bankruptcy
Equinox Group-owned budget gym chain Blink Fitness is filing for bankruptcy while other low-cost gyms like Planet Fitness are seeing membership grow. [...]
Apartments, hockey rinks and Amazon warehouses: Macy’s closures will set off a wave of change at shopping malls
Macy's namesake stores have long served as an anchor for malls across the country, and its plans to close them will lead to widespread change. [...]
LVMH puts mark on Olympics as luxury brands embrace sports
The 2024 Paris Games have seen a luxury touch from Louis Vuitton Moët Hennessy, part of luxury fashion entering the sports world. [...]
Restaurant CEOs’ new favorite word is value as they aim to bring back customers
Restaurant CEOs can't stop using the word "value" in explaining lackluster quarterly sales to investors while detailing plans to appeal to thrifty cus [...]
Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets
According to UBS, the Paris Olympics, as well as the Eras Tour, are causing demand shocks without impacting the average consumers' spending power. [...]
Eli Lilly’s earnings rally is not done yet — plus, why TJX has stayed resilient in the volatility
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. [...]
Wholesale Strategies for Retail Stores: Get Quality for Less
Discover wholesale strategies that can help retail stores obtain high-quality products at a lower cost. Maximize profit margins without compromising o [...]
Choosing Wholesale Suppliers: A Strategy Guide for Retailers
Discover effective strategies for retailers to choose the right wholesale suppliers. Improve your business's profitability and success with smart supp [...]