David's Bridal plans to spin off AI platform Pearl into publicly traded company
David's Bridal is planning to spin off its artificial intelligence platform, Pearl, into a stand-alone publicly traded company targeting a...
Retail industry
Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.
A staff member is seen at a Taco Bell restaurant in London.May James | Sopa Images | Lightrocket | Getty ImagesPepsiCo...
Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
Procter & Gamble on Thursday reported quarterly earnings and revenue that beat analysts' expectations, fueled by growing demand for its laundry detergent...
EBay to lay off 9% of workforce in its second round of job cuts this year
EBay will lay off about 9% of its workforce in a move to streamline its operations and focus on its...
Best Buy launches new gaming hub ahead of 'Zelda' and 'Grand Theft Auto VI'
Best Buy is tapping further into a growing customer cohort: gamers.Chief Revenue Officer Patrick McGinnis told CNBC exclusively that the...
Walmart launches joint membership with Sam's Club as it leans into delivery, gas discounts
Walmart on Tuesday announced a new joint membership combining its namesake chain and its subsidiary Sam's Club, as the retailer...
Nike's India campus is a long-term growth bet amid turnaround
A shopper carries a Nike bag in San Francisco, Dec. 17, 2025.David Paul Morris | Bloomberg | Getty ImagesNike is...
KFC to switch to Coca-Cola beverages in U.S. restaurants for the first time in decades
A view of a KFC restaurant in Vallejo, California.Justin Sullivan | Getty ImagesKFC's U.S. restaurants will ditch PepsiCo and switch...
Tale of two markets: Our 3 biggest winners and losers over the past five weeks
Wall Street has become increasingly divided since our last CNBC Investing Club Monthly Meeting . The selling in recent days,...
Starbucks says it is not buying Chipotle after takeover speculation
Brian Niccol, chief executive officer of Starbucks Corp., during a Bloomberg Television interview in New York, US, on Friday, Jan....
AI may change the price of your Big Mac and groceries — what this means for shoppers
People pick up their menu inside the McDonald's restaurant in Times Square, Manhattan, on Sept. 29, 2026, in New York...
From BJ’s to Lululemon, retailers are trimming assortments to boost business
Retailers are trimming assortments in an effort to clean up their balance sheets.As shoppers cut spending in the face of...
Why a Starbucks takeover of Chipotle would — and wouldn't — make sense for both companies
Starbucks CEO Brian Niccol speaks during the Starbucks Investor Day event in New York City, U.S., January 29, 2026. Brendan...
PepsiCo earnings top estimates, but company lowers full-year forecast
Bottles and packs of Pepsi soda at a store in Austin, Texas, US, on Tuesday, July 7, 2026. Sergio Flores...
Lululemon poaches Athleta CEO as new chief product officer
Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as president and chief product officer, effective later...
Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic
Levi Strauss on Wednesday increased its profit outlook after it received tariff refunds, but gave less rosy revenue guidance.The denim...
Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat quarterly earnings and revenue expectations as its beer brands gained market share, but continued consumer caution tempered...
Chick-fil-A wants to stay a family business even as it expands in the U.S. and abroad
Chick-fil-A location in New York City, Aug. 6, 2026.Marcin Golba | Nurphoto | Getty ImagesWith restaurants as far-flung as Singapore,...
Why brands like E.l.f., Wendy's and Gap are branching out into original music
Beauty products by e.l.f. cosmetics are seen on display at a Target store in Union Square on April 04, 2025...
High-tech vehicles are driving up auto repair costs for shops and consumers
Increasingly sophisticated vehicles are forcing repair shops to spend more on computers, software and calibration equipment — costs that mechanics...
