Category: Retail News
Hasbro, Mattel shares plunge as toymakers forecast a lackluster holiday season
Hasbro and Mattel face a challenging fourth quarter, as both toy makers lowered their sales outlook for toys. [...]
Marlboro maker Altria reports declining revenue, citing competition from illicit e-vapor products
The Marlboro maker said domestic cigarette shipment volume fell 11.6%, primarily driven by industry declines and competition from illicit e-vapor prod [...]
A credit card Christmas: Taking on shopping debt carries more risk this holiday season
Holiday forecasts indicate U.S. consumers are eager to celebrate but are feeling stretched and looking for deals. [...]
Meet the ‘queen of caviar’ who supplies Britain’s royal family with the world’s most expensive food
Laura King has run a caviar business for nearly 20 years and imports hundreds of kilos of the sturgeons' eggs to the U.K. every two to three weeks. [...]
Mattel says Barbie sales grew 16% as blockbuster movie became a phenomenon
Mattel reported earnings and revenue that came in higher than Wall Street's expectations. [...]
Life Time stock plummets as company spends more on premium fitness experience
Life Time said the investments — including new pickleball courts and personal training programs — have helped to drive member engagement at its clubs. [...]
Knicks sign jersey patch deal with owner James Dolan’s Sphere Entertainment
The New York Knicks will debut a new jersey patch sponsor this season with Sphere Entertainment, a company also owned by the team's owner James Dolan. [...]
Amazon considers offering veterinary telehealth as it looks to compete with Walmart
Amazon may join a growing list of retailers that offer pet telehealth as it looks to compete with Walmart and take a slice of the lucrative veterinary [...]
Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes
Coca-Cola's stock has fallen 15% this year, dragging its market value down to about $234 billion. [...]
McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book
Panera Bread founder Ron Shaich's new book reveals new details about his career, including that the chain almost merged with Starbucks. [...]