Nike cuts 1,400 roles in second round of layoffs this year
People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new...
Retail industry
Starbucks' loyalty program changes are drawing value-conscious customers
A customer inside a Starbucks coffee shop in Hercules, California, US, on Thursday, Sept. 25, 2025. David Paul Morris |...
Lululemon names former Nike exec Heidi O'Neill as new CEO
Lululemon store sign in London, March 2, 2026.Peter Dazeley | Getty ImagesLululemon on Wednesday named Heidi O’Neill as the athleisure...
Convenience store owner Yesway is stealing customers from fast-food chains, CEO says
Thomas Trkla, chairman and and chief executive officer of Yesway Inc., during the company's initial public offering (IPO) at the...
Best Buy names Jason Bonfig as new CEO, replacing Corie Barry in late October
A Best Buy logo is displayed outside one of their stores on October 10, 2025 in San Diego, California. Kevin...
Hormuz disruptions hit China’s Christmas capital — and holiday spending
Christmas is still eight months away, but artificial tree maker Lou Liping is already worried about a bad holiday season...
Sandwich chain Jersey Mike's confidentially files for IPO
A Jersey Mike's restaurant in Walnut Creek, California, Nov. 21, 2024.David Paul Morris | Bloomberg | Getty ImagesJersey Mike's has...
'It's just scale': Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers
Derek Sylvester with members of his family, team and mascot Molly, who was featured on the dealership's logo.Courtesy Sylvester ChevroletDerek...
Some grocers are using AI to cut food waste and boost profit margins
As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely...
PepsiCo earnings beat estimates as North American food business improves
Illuminated logo for Pepsi on a soda fountain in Walnut Creek, California, March 4, 2026. Smith Collection | Gado |...
Starbucks launches beta app in ChatGPT to fuel new drink discovery
A sample prompt response in ChatGPT using Starbucks' beta app.Source: StarbucksStarbucks has launched a beta app in ChatGPT to provide...
Walmart is refreshing the look of Great Value, its largest private-label brand
Walmart's largest private brand, Great Value, is getting a fresh look.Starting in May, the brand's approximately 10,000 items that span...
How Kodak is trying to turn around its business after teetering on bankruptcy
On Jim Continenza's first day on the job as Eastman Kodak executive chairman in 2019, he got a call from...
As millions lose weight on GLP-1s, they're starting to turn to retailers to refresh their wardrobes
Michelle Suter has worn mostly big and baggy clothing for years. The 63-year-old retiree who lives in a suburb of...
Constellation Brands, U.S. maker of Modelo and Corona, withdraws 2028 guidance due to uncertainty
Modelo beer is displayed on a shelf at a Safeway store on Oct. 6, 2025 in San Anselmo, California. Justin...
Why the U.S. Navy’s retail business is fighting Walmart and Amazon to fund its own future
In the rural plains of Northern Poland, at a remote base surrounded by farmland and pine forest, some 150 U.S....
Levi Strauss beats expectations on the top and bottom lines, raises guidance
A pedestrian walk by sign is posted in front of Levi Strauss headquarters on Oct. 9, 2025 in San Francisco,...
'Silent killers': How AI start-ups are trying to solve one of the retail industry's biggest problems
Moment Makers Group | Istock | Getty ImagesIt pinches here; drags there; the draping is wrong. These are some of...
Trump tariff fallout: Some industries grapple with lingering effects one year later
A year after President Donald Trump declared his "liberation day" and imposed sweeping tariffs on imports, kicking off a wave...
Starbucks to award bonuses to baristas, expand tipping to promote turnaround efforts
A Starbucks barista fulfills an order in a South Philadelphia store.Mark Makela | ReutersStarbucks will award baristas and shift supervisors...
