Category: Retail News
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. [...]
Panera Bread founder Ron Shaich says most CEOs end up regretting taking companies public
Panera Bread founder Ron Shaich's new book "Know What Matters" looks back on his career and argues companies should rethink IPOs. [...]