Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags
Chipotle Mexican Grill and Coach store logos.Getty ImagesChipotle and Cava pinned weaker sales on younger customers who are pulling back...
Retail industry
Retailers' holiday hiring to hit lowest level since the Great Recession, says major industry trade group
Shoppers carry bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic...
Peloton recalls 833,000 more bikes over seat post issue, two injuries reported
Peloton stationary bikes for sale at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman...
Target's sloppier stores are wearing on shoppers, and its turnaround could hinge on cleaning them up
People walk to their car after shopping at a Target store on Oct. 3, 2025, in Jersey City, New Jersey.Gary...
Retailers are raising prices to meet tariffs. Amazon is hiking more than others
The Amazon Prime logo on a package in Manhattan, New York City, on Sept. 16, 2023.Michael Kappeler | Picture Alliance...
E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact
Hailey Bieber's cosmetics line Rhode is expected to increase E.l.f. Beauty's annual sales by $200 million this fiscal year, but...
Starbucks union authorizes open-ended strike as busy holiday season begins
Starbucks baristas gather outside a Starbucks store as they protest against the company during a rally to demand a new...
McDonald's sales rise, but CEO expects low-income diners to spend less into next year
McDonald's on Wednesday fell short of Wall Street's earnings expectations, but the company's U.S. restaurants reported better-than-expected same-store sales growth.CEO...
AI-washing and the massive layoffs hitting the economy
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for...
PepsiCo earnings top estimates as international markets fuel sales growth
PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts' expectations, as international growth offset another quarter of declining volume in...
Gold prices keep rising, and jewelry companies are sounding the alarm
Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further...
Constellation Brands reiterates lower full-year guidance
Modelo beer is displayed on a shelf at a Safeway store on Oct. 6, 2025 in San Anselmo, California. Justin...
Nike's turnaround will 'take a while' amid stock slump, CEO Elliott Hill says
Nike's turnaround plan is showing early signs of progress, but it will "take a while" for the company to return...
Online holiday spending growth set to slow to 5.3% as shoppers seek discounts
Alistair Berg | Digitalvision | Getty ImagesOnline holiday spending in the U.S. is expected to jump 5.3% year over year...
Why vinyl records like Taylor Swift's 'The Life of a Showgirl' are protected from tariffs
Taylor Swift performs onstage during The Eras Tour at Wembley Stadium on June 21, 2024, in London.Kevin Mazur | Getty...
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
OnePay, the fintech firm majority-owned by Walmart, will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned.OnePay...
Peloton revamps equipment, launches commercial unit and raises prices ahead of holidays
The entrance to the Peloton offices in Midtown Manhattan.Erik Mcgregor | Lightrocket | Getty ImagesPeloton on Wednesday said it's relaunching...
Nike posts surprise sales growth but turnaround work is far from over
Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead...
Hertz will let customers do almost entire car buying process online
Rental company Hertz said Tuesday it is updating its online shopping website to allow customers to secure financing, get a...
Coach is serving up coffee with handbags as it looks to build on Gen Z success
With its new coffee shop, Coach wants to drive more frequent trips to its stores and solidify its gains with...
