Retail industry
Private equity firms circle Peloton for potential buyout
Firms have zeroed in on how to cut Peloton’s operating expenses to make a buyout more attractive. Last week, Peloton ...
Carvana, Etsy, Cigna, Wayfair, Trade Desk
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Carvana : Shares ...
Starbucks, McDonald’s, Yum earnings show consumers pulling back
For months, economists have been predicting that consumers would cut back on their spending in response to higher prices and ...
Yum Brands (YUM) Q1 2024 earnings
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Brandon Bell | Getty Images Here’s what ...
How American malls survived the slow death of department stores
The American mall is alive and well. Department stores — which were historically the most important real estate in the ...
How Walmart, Chipotle are splitting the wealth of record stock market
Chipotle and Walmart have been among the movers in the universe of big U.S. corporations when it comes to raising ...
As ‘guilt tipping’ gets out of control, consumers start pushing back
“Customers are being asked to tip at the more traditional service encounters [and] also app-based services, ride-share and delivery apps. ...
Home Depot acquiring SRS Distribution for $18.25 billion to grow pro sales
Home Depot already draws half of its business from pros, while the other half comes from do-it-yourself customers. With the ...
Canada Goose to cut 17% of its corporate workforce
In a statement Tuesday, CEO Dani Reiss said, “Today, we are realigning our teams to ensure that corporate resources are ...
McDonald’s to sell Krispy Kreme doughnuts nationwide by end of 2026
The doughnut chain uses a “hub and spoke” model that lets it make and distribute its treats efficiently. Production hubs, ...
