Category: Retail News
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 [...]
T-Mobile sued after employee stole nude images from customer phone during trade-in
T-Mobile has been sued again for failing to protect consumer data after an employee at one of its Washington stores stole nude images off of a custome [...]
We’re debating our next steps on Estee Lauder as the CEO struggles to turn things around
We're growing less optimistic about Estee Lauder CEO Fabrizio Freda's ability to right the ship. We're not alone. [...]
Black Friday came early this year, signaling worries about holiday demand
Both the depth of discounts and the total amount of items on sale were higher in October compared to the past four years. [...]
The ‘Apple of e-bikes’ targets profitability next year even as rivals enter bankruptcy
Adrien Roose, CEO and co-founder of e-bike firm Cowboy, told CNBC this week that he expects the company to reach profitability on a full-year basis i [...]
Tipping once rewarded good service. Now it determines how consumers are treated
With more opportunities to tip and predetermined point-of-sale options for each transaction, gratuity has become less about rewarding good service. [...]