To keep growing, incoming Best Buy CEO says he first wants to go smaller
Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO...
Retail industry
More consumer companies are staying private for longer, avoiding the IPO road
Signage at a Jersey Mike's restaurant in Washington, July 20, 2026.Graeme Sloan | Bloomberg | Getty ImagesFive years after the...
Cyclospora outbreak has hurt Taco Bell but sales are already improving, Yum Brands CEO says
The Taco Bell logo is displayed at a Taco Bell restaurant on July 14, 2026 in Pasadena, California. Mario Tama...
Retailer Reformation closes flat in NYSE debut as CEO says company is 'ready to scale'
Reformation Inc. signage as traders work during the company's initial public offering (IPO) on the floor of the New York...
Jersey Mike's stock falls 7% in public market debut after pricing shares at $23
Shares of Jersey Mike's fell about 7% during trading on Thursday afternoon after the company made its public market debut...
Chipotle hikes same-store sales forecast, says cyclospora fears hit sales in late July
A customer prepares to eat at the first Chipotle fast-food restaurant in northeastern Mexico on its opening day in San...
Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks on Wednesday raised its full-year outlook after reporting its fourth straight quarter of same-store sales growth.For fiscal 2026, Starbucks...
Procter & Gamble revenue misses estimates as volume stays unchanged
Boxes of Tide Pods laundry detergent are displayed at a Costco Wholesale store on May 15, 2026 in San Diego,...
Nike was once China's sneaker king. Here's why its sales have fallen 30%
Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, Aug. 28, 2019.Tingshu Wang | ReutersBy all accounts,...
Cyclospora outbreak tied to Taco Bell will steal the spotlight from Yum Brands' earnings
Customers enter a Taco Bell restaurant in La Cañada Flintridge, California, on July 14, 2026.Mario Tama | Getty ImagesYum Brands...
Shein says it's under investigation by the Federal Trade Commission as it prepares for Hong Kong IPO
Shein's U.S. business is under investigation by the Federal Trade Commission, the fast fashion giant revealed in documents connected to...
Coca-Cola tops earnings estimates, hikes full-year outlook as demand for drinks climbs
Coca-Cola on Tuesday reported quarterly earnings and revenue that topped Wall Street's estimates, fueled by higher demand for its drinks.The...
Cocoa prices are easing. So why is chocolate still so expensive?
People are selecting from an assortment of premium Lindt chocolates at the Lindt & Sprungli chocolate shop.Nurphoto | Nurphoto |...
Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
The exterior of an Albertsons supermarket as shoppers browse for groceries ahead of the Thanksgiving Day holiday in Redmond, Washington,...
Nike to cut off thousands of online distributors in China, restructure digital footprint
The Nike flagship store in Nanjing Road Walkway in Shanghai, Nov. 4, 2025.Cfoto | Future Publishing | Getty ImagesNike is...
RFK Jr. says cyclospora outbreak is 'under control'
Secretary of Health and Human Services Robert F. Kennedy, Jr., speaks during a press conference at the Health and Human...
Domino's misses quarterly sales, profit estimates on weak demand, competition
Pizzas are prepared for a delivery order at a Domino's restaurant in Trenton, Michigan, US, on Wednesday, April, 10, 2024....
Korean beauty products are becoming mainstream in the U.S. Why there may be even more growth ahead
Shoppers during the grand opening of an Olive Young store in Pasadena, California, May 29, 2026.Kyle Grillot | Bloomberg |...
The AI rotation stole the spotlight from a strong start to earnings season
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected...
Fanatics CEO Michael Rubin on two sports businesses his multibillion-dollar conglomerate won't enter
Michael Rubin, Founder and CEO of Fanatics, speaking at the CNBC Game Plan Summit in New York City on July...
