Category: Retail News
Best Buy cuts sales forecast, as holiday shoppers hunt for deals
Best Buy beat Wall Street's earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers. [...]
Lowe’s cuts sales outlook as homeowners take on fewer projects; shares slide
Lowe's cut its full-year sales and earnings outlook as it said homeowners were taking on fewer do-it-yourself projects. [...]
Starbucks remains a big winner in China even if a domestic rival sells more coffee there
Starbucks losing its coffee crown in China does not diminish the opportunity the U.S. company has in the world's second-largest economy. [...]
Tiger Woods’ new golf league delays start of season by a year after venue collapse
TGL, the tech-driven indoor golf league led by Tiger Woods and Rory McIlroy delayed its start until 2025. [...]
Unlocking the Potential: Strategies for Store Owners in the Wholesale Market
Discover effective strategies for store owners in the wholesale market to unlock their full potential. Learn how to maximize profits and succeed in th [...]
McDonald’s increases its minority stake in China business
In 2017, the fast-food giant sold control of its restaurants in mainland China, Hong Kong and Macau to Carlyle and Citic. [...]
CEOs have a new favorite word: ‘Choiceful’
So far in 2023, "choiceful" has appeared in 15 quarterly earnings calls for S&P 500 companies, up from just two in 2021, according to a CNBC analy [...]
Here’s why investors don’t necessarily need to own international stocks to be diversified
The Investing Club focuses on the geographic sales mix of a company rather than where its headquartered. [...]
Forget quiet luxury. ‘We don’t need half of these things,’ celebrity stylist Allison Bornstein says
Ahead of the holidays, personal stylist Allison Bornstein has a radical theory: "Just because you have the money doesn't mean you have to spend it," s [...]
Investor JAT Capital sends scathing letter to new Bed Bath & Beyond board over CEO ouster, vacancy
Investment firm JAT Capital sent a scathing letter to the new Bed Bath & Beyond board on Friday saying it has refused to answer questions from sha [...]