Mattel shares rise after reports of takeover interest from Authentic Brands Group
Barbie dolls are seen in a store at Fiumicino Airport in Rome on March 28, 2024. Jakub Porzycki | Nurphoto...
Retail industry
General Motor Q3 sales drop 5.5%, while Toyota buoyed by EVs, hybrids
General Motors on Thursday reported a year-over-year sales decline of 5.5%, with 670,974 new vehicles sold during the third quarter.GM's...
Nike is set to report earnings after the bell. Here's what to expect
Nike is expected to report fiscal first-quarter earnings after the bell Thursday as the retailer struggles to maintain relevancy and...
Walmart is using light-up digital shelf labels to help shoppers and employees find items
Walmart is aiming to make it as easy as possible for its customers to find exactly what they want.The retailer...
David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery
Jakub Porzycki | Nurphoto | Getty ImagesParamount Skydance CEO David Ellison announced on Wednesday the appointment of outgoing Mattel Chief...
Mattel names Roger Lynch as CEO, replacing Ynon Kreiz
Mattel on Wednesday named Roger Lynch as its new CEO and chairman, succeeding Ynon Kreiz.Lynch, who has been a member...
Holiday retail sales are expected to top $1 trillion as inflation boosts growth
Despite macroeconomic pressures and a cautious consumer, retail sales this holiday season are expected to grow year-over-year as spending remains...
El Pollo Loco to open first New York restaurant as it aims to become national chicken chain
El Pollo Loco will open its first New York City restaurant next year as the California chain looks to become...
Cat owners are spending more and boosting pet retailers
Cat owners are spending on their feline friends in a bright spot for pet food makers and sellers. Though consumers are...
Starbucks to shutter about 250 stores in latest round of cafe closures
The Starbucks logo is seen at a store in Houston on September 25, 2025. Ronaldo Schemidt | Afp | Getty...
Darden Restaurants stock falls as Olive Garden reports slower growth
The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas. Brandon Bell | Getty ImagesDarden...
Lowe's is launching a drone delivery service in partnership with DoorDash, Alphabet
Lowe's is launching a drone delivery service in partnership with DoorDash and Alphabet's Wing, CNBC has learned exclusively. The company...
Why McDonald's is following Walmart and Amazon into the advertising business
McDonald's on Wednesday announced plans to create its own media network, following in the footsteps of retail giants like Amazon...
McDonald's stock falls as it unveils plan to spend big on restaurant upgrades
McDonald's Corp. signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug....
McDonald's CEO expects high inflation, flat traffic are not going away for restaurant industry
McDonald's is predicting that flat traffic and higher inflation will continue to weigh on the restaurant industry, CEO Chris Kempczinski...
Peloton is revamping its treadmills with new features in the next phase of its turnaround
A person walks past a Peloton store in New York, Jan. 25, 2022.Carlo Allegri | ReutersPeloton is betting that revamped...
McDonald's is hosting an investor day as its U.S. business struggles. Here are 4 things to expect
McDonald's Chris Kempczinski speaks about fresh beef expansion at a McDonald's event in Oak Brook, Illinois.Richa Naidu | ReutersMcDonald's is...
Soccer superstar Kylian Mbappé on ending 20-year journey with Nike: 'It was time to change'
French soccer champion Kylian Mbappé has told CNBC he was ready for "change" after ending an almost 20-year association with...
Wendy's franchisee files for Chapter 11 bankruptcy protection as burger chain struggles
Close-up of fast-food packaging with Wendy's logo.Smith Collection/gado | Archive Photos | Getty ImagesMeritage Hospitality, one of Wendy's largest U.S....
Putin targets Nestle's Russian business as Kremlin tightens grip on Western assets
Boxes of cereal manufactured by Nestle SA sit on shelves amongst other goods inside an Essen hypermarket operated by ZAO...
