Category: Retail News
Harley-Davidson drops diversity efforts after online pressure
"We do not have a DEI function today," and Harley-Davidson has not since April 2024, according to the statement. [...]
Lowe’s cuts full-year outlook as it expects home improvement sales to weaken
Lowe's said customers took on fewer discretionary home projects and unfavorable weather hurt sales of outdoor and seasonal items. [...]
California cracks down on organized retail crime with new package of laws
Retailers have called on governments to do more to combat retail theft, citing it as a growing challenge that's impacted profits, customers and staff. [...]
Some families expect to go into debt shopping for back to school, reports find. High prices are partly to blame
With back-to-school shopping in full swing, up to one-third of families say buying supplies for the new year will put them into debt. [...]
Jim Cramer questions an up-and-coming coffee chain’s strategy and looks at 2 more stock movers
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. [...]
We’re exiting our position in a struggling company with few near-term catalysts
We'd rather our cash be in companies that are beating expectations and raising guidance. [...]
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. [...]