Skims valued at $5 billion after new funding round as it accelerates store expansion
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan...
Retail industry
Swiss sneaker company On raises guidance again, says it won't offer Black Friday deal
Logo of Swiss shoemaker On is displayed in a shop in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | ReutersOn...
Restaurant Brands International to form joint venture for Burger King China to accelerate expansion
People walk past a Burger King restaurant with Chinese national flags displayed on a street during the National Day Golden...
Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup
Peloton on Thursday posted its second profitable quarter in a row as it released strong guidance for the crucial holiday...
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...
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...
