Category: Retail News
McDonald’s expands Krispy Kreme test to more than 150 Kentucky locations
The Krispy Kreme doughnuts will be available all day and can be ordered in the drive-thru lane, in the restaurant, through the McDonald's app and for [...]
Can’t figure out this economy? Walmart, Home Depot are having trouble, too
Think the economy is confusing? You're not alone. Home Depot and Walmart aren't sure what comes next, but their consumer outlook helps handicap market [...]
P&G, Constellation Brands see solid U.S. demand, even as prices rise — a key reason we’re shareholders
Procter & Gamble (PG) and Constellation Brands (STZ) see resilient U.S. consumer demand despite persistent inflation, executives at both companies [...]
Jim Cramer’s Investing Club meeting Friday: Hot inflation, Nvidia, earnings on deck
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Big city restaurants and bars are missing office workers’ spending on Mondays and Fridays
The three-day in-person work week has forced restaurants and bars to get creative about pulling in customers on Mondays and Fridays. [...]
China’s online shoppers started the year cautiously, Alibaba says
Online sales remained weak this year through early February, Alibaba CEO Daniel Zhang said during a quarterly earnings call. [...]
Beyond Meat reports narrow-than-expected quarterly loss despite sinking sales
Beyond Meat said its sales could fall as much as 10% in 2023. [...]
Alibaba shares rally 6% after massive earnings beat
Alibaba reported earnings for its fiscal third quarter that smashed expectations, sending shares soaring 6% higher. [...]
Off-price retailer TJX’s quarterly results show strong demand. We’re unconcerned by a softer profit outlook
TJX Companies (TJX) reported solid fiscal fourth-quarter 2023 results Wednesday, as stronger-than-expected sales highlighted robust consumer demand. [...]
Dick’s Sporting Goods to buy e-commerce outdoor retailer Moosejaw from Walmart
Dick's Sporting Goods is looking to grow its share in the multibillion-dollar outdoor market by acquiring e-commerce retailer Moosejaw from Walmart. [...]