Category: Retail News
SEC charges Keurig Dr Pepper for making inaccurate claims about K-Cups’ recyclability
In Keurig's fiscal second quarter, sales of K-Cup pods and the company's brewing systems accounted for nearly a quarter of the company's revenue. [...]
Rotation trade pushed this consumer stock to new highs, so we’re booking some profits
This stock has become a source of funds to buy other companies that have been hit hard and stand to benefit from Fed rate cuts. [...]
Big Lots files for bankruptcy, sells to PE firm as it promises to keep offering ‘extreme bargains’
Discount home goods retailer Big Lots filed for bankruptcy as low-income shoppers slow spending on new furniture and home decor. [...]
Nelson Peltz steps down as chair of Wendy’s board, starting a new era for burger chain
Peltz's Trian Fund Management has a 10% stake in Wendy's, making it the company's second-largest shareholder. [...]
Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO
Former Chipotle CEO Brian Niccol is starting as chief executive of Starbucks. [...]
As consumers trade down to cheaper private label brands, these stocks could head up
Month after month of soaring prices has wreaked havoc on household finances.These retailers with saavy store brands stand to benefit. [...]
For online shoppers, Friday is the best day to score a discount, report finds
Online shopping discounts reach their peak on Fridays, a recent report found. Here's how to make the most of the deals while avoiding the pitfalls of [...]
Jim Cramer recommends buying Costco stock as a port in September’s market storm
CNBC's Jim Cramer's confidence in Costco was bolstered by the retailer's strong August sales report. [...]
NFL’s games in Brazil, Europe are key to more revenue growth, Goodell says
The NFL is banking on international markets for growth as it plays its first ever game in Brazil. [...]
Red Lobster cleared to exit Chapter 11 bankruptcy
A group of investors under the name RL Investor Holdings will acquire Red Lobster by the end of the month. [...]