Category: Retail News
Makers of San Francisco’s famed Anchor Steam beer are going out of business
"Anchor’s contributions to craft brewing and American beer history cannot be overstated," the Brewers Association said. [...]
PepsiCo beats earnings estimates, raises full-year outlook even as higher prices hurt demand
PepsiCo raised its full-year outlook as it beat earnings and revenue estimates for the second quarter, but higher prices hurt its volume. [...]
Fanatics to launch live events business as it seeks to create a sports version of Comic-Con
It's the latest bid for Fanatics to diversify as it heads toward a potential initial public offering. [...]
From ‘Barbie’ to Formula 1, Tag Heuer is making its mark on the luxury watch market
Luxury watch maker Tag Heuer, which is owned by LVMH, is riding a wave of marketing successes and new launches. [...]
Chipotle tests robot that can prepare avocados to make guacamole faster
The Autocado created by Chipotle and Vebu Labs could cut the prep time for the burrito chain's guacamole in half. [...]
Buy Buy Baby stores set to shutter as Go Global’s deal to save chain falls apart at eleventh hour
Brand management firm Go Global was eager to save Bed Bath & Beyond's crown jewel Buy Buy Baby, but it couldn't reach an agreement on valuation. [...]
Lucid, Activision, EA, Uber: Here’s where Saudi Arabia’s sovereign wealth fund has invested
The largest public market bets by Saudi Arabia's secretive PIF include experiential-focused firms such as Live Nation, and gaming bets such as Electro [...]
Apple launches online store on China’s giant WeChat messaging app
WeChat is China's biggest messaging platform with over 1.2 billion users and opens another retail channel for Apple to sell its products. [...]
Finding Affordable Wholesale Suppliers for Your Store
Explore top ideas to find affordable wholesale suppliers to boost your store's sales without compromising your profit margins. [...]
U.S. apparel trade group calls to recall Canadian Parliament as ports strike enters 10th day
Trade associations both in the U.S. and Canada warn the effect will inflate prices and cause weeks of delays in product arrivals. [...]