Category: Retail News
Starbucks shareholders to vote on proposals for labor probe, succession planning
New Starbucks CEO Laxman Narasimhan will lead the company's shareholder meeting just days after his transition to the role. [...]
Carvana shares pop as company offers first-quarter guidance, restructures debt
Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earli [...]
Starbucks is bringing olive oil-infused coffee to a few locations in the U.S. this week
The Oleato line, which was the brainchild of former CEO Howard Schultz, debuted in roughly two dozen Italian cafes in February. [...]
Barclays sees Nike shares surging more than 20% after the apparel giant’s latest earnings report
Nike worked through excess inventory during the holiday season as it navigated global supply chain issues. [...]
Panera Bread tests Amazon’s palm-scanning technology in St. Louis
Customers at two Panera Bread locations in St. Louis can use their palms to pay for their orders and connect to their loyalty program accounts. [...]
Nike’s holiday quarter plagued by bloated inventory, weak China sales
Investors have been watching to see if Nike's gross margins improve from its direct-to-consumer channels. [...]
Morgan Stanley’s case for six Club names, including Alphabet and Microsoft
When evaluating stocks for the Club, we're guided by our long-term mantra: Own companies that make stuff and do things at a profit. [...]
GameStop stock soars after retailer posts first quarterly profit in two years
GameStop has been in the midst of a turnaround and posted its first quarterly profit for the first time in two years. [...]
White Claw unveils branded vodka as it enters the spirits category
The vodka is available in select markets across North America and comes in an unflavored option, as well pineapple, mango and black cherry. [...]
Foot Locker’s new leadership can drive big gains for the retailer, Citi says
The firm expects the retailer's stock could rally 25.4%. [...]