Category: Retail News
Lululemon sees sales and profit jump 18%, boosts full-year guidance
Lululemon saw its sales and profit rise 18% during its most recent quarter and raised its full-year guidance. [...]
China’s sluggish economic recovery has weighed on key Club stocks. Here’s why we’re holding on
The Club's China-focused names are poised to ride out the storm, while finding alternate routes to growth. [...]
Autumn arrives earlier than ever for Starbucks and others with pumpkin menu items
More restaurants and retailers including Starbucks, Dunkin' Donuts and IHOP are launching their limited-time pumpkin items in August. [...]
State officials want Shein to prove it doesn’t use forced labor before it goes public
Fast-fashion retailer Shein is facing more scrutiny from elected officials who want the company to independently prove it doesn't use forced labor. [...]
Walmart ramps up efforts to grow third-party marketplace with Las Vegas event, new perks
Walmart is chasing more e-commerce sales and has said it will grow profits faster than revenue over the next five years. [...]
Under Armour founder used TV anchor’s advice when facing negative coverage, records show
The Plank-Ruhle relationship included private jet rides and access to confidential company information, according to court filings. [...]
Fanatics-backed vintage sports brand Mitchell & Ness hires Nike executive as CEO
With Fanatics, Jay-Z and Lebron James as backers, Mitchell & Ness hires a Nike and Jordan Brand executive as CEO to grow its vintage sports appare [...]
Best Buy scales back sales outlook as results top expectations
While Best Buy trimmed its sales guidance for the year, it raised the bottom end of its profit outlook. [...]
CNBC Daily Open: Despite Monday’s bounce, stocks are still wobbly
Markets are trying to make up for a dismal August but that might prove a difficult feat. September's a historically bad month for stocks. [...]
CNBC Daily Open: Despite Monday’s bounce, stocks are still shaky
Markets are trying to make up for a dismal August but that might prove a difficult feat. September's a historically bad month for stocks. [...]