SAN RAFAEL, CALIFORNIA – DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will release its third quarter results today after the closing bell. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images GameStop said Wednesday that quarterly sales fell … Read more
Marisa Thalberg, Executive Vice President and Chief Brand and Marketing Officer. Source: Marisa Thalberg Lowe’s Chief marketing officer Marisa Thalberg has left the retailer as part of a broader reorganization, the company announced on Tuesday. The home improvement retailer cut its role and moved its marketing team under Bill Boltz, executive vice president of merchandising. … Read more
Pedestrians walk past a Lululemon store. Scott Mill | CNBC Lululemon Athletica Inc. On Thursday, quarterly earnings and revenue beat analysts’ expectations as shoppers stocked up on workout gear even as soaring prices hurt apparel sales at other retailers. The company also raised its outlook for the year. Shares were up about 9% in after-hours … Read more
Pedestrians walk past a Lululemon store. Scott Mill | CNBC Lululemon Athletica Inc. On Thursday, quarterly earnings and revenue beat analysts’ expectations as shoppers stocked up on workout gear even as soaring prices hurt apparel sales at other retailers. The company also raised its outlook for the year. Shares were up about 9% in after-hours … Read more
Fast Twitch, from the creators of Gatorade Source: PepsiCo Gatorade enters the energy drink category with a caffeinated spinoff called Fast Twitch. It still represents another example of beverage companies blurring the lines between beverage categories, looking to leverage existing brand loyalty while entering fast-growing categories. The parent company of Gatorade, PepsiCohas already expanded Mountain … Read more
A sign hangs outside a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson |Getty Images walmartThe Sam’s Club, owned by Sam, announced Wednesday that it will raise its annual fee this fall, as membership in the warehouse club hits an all-time high and inflation-ridden shoppers seek deals on bulk items. Fees … Read more
A sign is displayed outside a McDonald’s restaurant on April 28, 2022 in San Leandro, California. Justin Sullivan | Getty Images McDonald’s boss On Wednesday, the United States publicly criticized a landmark California bill that would give the state more control over the wages of fast-food workers, saying it unfairly targets big chains. The remarks … Read more
Signage outside a Bed Bath & Beyond retail store in New York City on August 25, 2022. Gaby Jones | Bloomberg | Getty Images Bed bath and beyond the shares fell after the retailer turned the meme stock by saying in a filing that it would sell shares for an undisclosed amount, it said $500 … Read more
A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Bed bath and beyond said Wednesday it had secured more than $500 million in new financing and was closing stores and laying off staff as it sought to fix its ailing … Read more
Signage is displayed outside a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., Monday, September 19, 2016. Patrick T. Fallon | Bloomberg | Getty Images Bed bath and beyond said Thursday that it will share its turnaround strategy soon as it burns cash and tries to win back customers ahead of the … Read more
