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Tag: Retail industry
Some restaurant workers could see big wage growth in 2023
Employees put together meals orders at a Portillo’s restaurant in Chicago, Illinois, on Tuesday, Sept….
Costco’s December sales beat shows the Club holding is still the retailer to own
Club holding Costco Wholesale (COST) delivered sturdy gross sales development in December, demonstrating the retailer’s…
Macy’s warns holiday-quarter sales will come in light, citing squeeze on shoppers’ wallets
Macy’s flagship retailer in Herald Square in New York, Dec. 23, 2021. Scott Mlyn |…
McDonald’s plans reorganization, job cuts as it accelerates restaurant openings
Noam Galai | Getty Images Entertainment | Getty Images McDonald’s is planning job cuts and…
Jim Cramer’s Investing Club meeting Friday: Stocks rise, Constellation, Wells Fargo
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at…
Stitch Fix plans 20% job cuts as CEO steps down, founder Katrina Lake to reassume post
Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix founder Katrina Lake…
Online holiday sales rose by 3.5% as discounts persuade deal-hungry shoppers
D3sign | Moment | Getty Images Online gross sales in the course of the vacation…
Walgreens shares fall even after quarterly results top expectations
Walgreens Boots Alliance on Thursday reported fiscal first-quarter earnings that beat Wall Street’s estimates after…
Fanatics is divesting its 60% stake in NFT company Candy Digital
Michael Rubin’s sports activities platform firm Fanatics is divesting its 60% stake in NFT firm…