Category: Retail News
Walmart plans to add more than 150 large-format stores across the U.S.
Walmart already has a massive footprint, with more than 4,600 stores across the country. [...]
Starbucks’ earnings report was weak — but Wall Street expected worse
Starbucks executives said the challenges faced by the company are "transitory." [...]
Walmart announces 3-for-1 stock split as shares hover below all-time high
Walmart's shares hit their all-time high last year. [...]
Starbucks earnings disappoint as sales outside the U.S. lag
Starbucks stock has fallen 13% over the past year as investors worry about U.S. traffic and sales in China. [...]
UPS announces 12,000 job cuts, says package volume slipped last quarter
UPS reported more than a 7% decrease in daily package volume in its fourth quarter earnings report Tuesday morning. [...]
Tom Brady is merging his nutrition and apparel brands with training company Nobull
The deal will include footwear, apparel and nutrition products previously housed under the TB12 and Brady brands. [...]
Costco CFO says China has huge potential as he gives us a peek at international expansion plans
"We'd probably be at least fifty-fifty outside of the U.S. and Canada" in the next six to seven years, Costco CFO Rich Galanti told CNBC. [...]
How ‘quiet luxury’ is subtly taking over investor portfolios
Quiet luxury was one of last year's biggest viral fashion trends, but unlike other short-lived fads, this one has made its way into investor portfolio [...]
Retail return fraud is rising as key holiday deadline approaches
Retail return fraud is rising, and companies face a tough balance of trying to keep customers loyal while cracking down on abuse of return policies. [...]
Starbucks olive oil-infused Oleato drinks to launch across the U.S.
Starbucks' olive oil-infused coffee beverages will be available across all U.S. stores starting Tuesday, the company announced. [...]