Category: Retail News
Facing fines, cluttered aisles and late-night mockery, Dollar General’s returning CEO tries to drive a turnaround
The retailer said it will put more workers in the front of the stores, slow down store openings and step up efforts to keep merchandise in stock. [...]
GameStop’s potential new strategy: Let Ryan Cohen buy other stocks with company cash
The Chewy co-founder and investor is gaining even more power at GameStop, which was at the center of the meme stock craze of 2021. [...]
Retail Industry Predictions for 2023: Insights and Trends
Get ahead in the retail industry with our predictions for 2023. Discover key insights and trends that will shape the future of retail and boost your b [...]
Here’s why Jim Cramer thinks Starbucks is a buy despite its recent rough patch
Starbucks' 12-session losing streak is finally over, with Wednesday's gain making a small dent in that recent decline. [...]
McDonald’s to open first CosMc’s spinoff restaurant this week
The burger chain is positioning CosMc's as a fast, convenient way to grab a pick-me-up snack or coffee. [...]
Walmart’s hiring and wage pressures have eased, CEO says
Walmart CEO Doug McMillon also said artificial intelligence is changing employees' roles across stores and in warehouses. [...]
Why Cramer is in ‘wakeup-call mode’ on Starbucks
The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET. [...]
Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show
In a CNBC interview, Walmart CEO Doug McMillon said the discounter is gearing up for a year when it faces tougher comparisons because of falling price [...]
Women’s sports, NFL’s Swift bump and Messi helped define a big year in ticket sales, StubHub says
StubHub is out with its Live Experiences Report which outlines some of the biggest influences in ticket sales for 2023. [...]
McDonald’s aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
After 2024, McDonald's is targeting systemwide sales growth of 2.5% in constant currency. [...]