Category: Retail News
Yum Brands earnings miss estimates despite KFC and Pizza Hut’s recovery in China
Yum's same-store sales increased 8% in the quarter as KFC, Taco Bell and Pizza Hut outperformed expectations. [...]
Ford restores faith with quarterly results, while Starbucks proves to be a China play
Club holding Ford (F) on Tuesday showed investors it had righted the ship in the first quarter, while Starbucks' (SBUX) quarterly sales were bolstered [...]
Starbucks earnings beat as China reverses same-store sales declines
Starbucks reported earnings after the bell. Here are the results. [...]
Off-price retailers to get cheap inventory and real estate from Bed Bath & Beyond’s bust, BofA says
With nearly 500 store vacancies and cheap inventory coming from Bed Bath & Beyond's bankruptcy, certain retailers will benefit, Bank of America sa [...]
Restaurant Brands earnings beats estimates, fueled by Tim Hortons’ and Burger King’s strong sales
Burger King's U.S. same-store sales climbed 8.7%, an early sign that its turnaround is taking hold. [...]
Lawmakers urge SEC to crack down on Chinese retail giant Shein over alleged forced labor
Shein, a major fast-fashion brand, is under fire for allegedly selling clothes made by forced labor in China. [...]
Pro sports unions unite to discuss importance of mental health
Players from the NFL, NBA, MLB and other sports are calling attention to mental health during the month of May. [...]
What Home Depot’s billion-dollar pay raise may help prove about workers
Home Depot's $1 billion investment in wages as sales slow took Wall Street by surprise, but paying workers more can pay off for big companies. [...]
Prebiotic soda Olipop approaches $200 million in annual sales — and CEO says Coca-Cola and PepsiCo have already come knocking
Olipop's rise coincides with declining soda consumption in the U.S. and rising interest in "gut health." [...]
These 7 Club holdings are using pricing power to boost profits this earnings season
When we're talking about "pricing power," it's the ability of companies with strong brands to raise prices without seeing too much impact on demand. [...]