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Retail industry

NY man Ryan Furtado killed ‘instantly,’ suit says

by Anas Siddiqui
NY man Ryan Furtado killed ‘instantly,’ suit says

Cari Gundee rides her Peloton exercise bike at her home in San Anselmo, California, April 6, 2020. Ezra Shaw | Getty Images The family of a New York man claims …

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Walmart cuts starting pay for new hires who prepare online orders, stock shelves

by Anas Siddiqui
Walmart cuts starting pay for new hires who prepare online orders, stock shelves

A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early …

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Steve Cohen invests in Tiger Woods, Rory McIlroy golf startup TGL

by Anas Siddiqui
Steve Cohen invests in Tiger Woods, Rory McIlroy golf startup TGL

New York Mets owner Steve Cohen speaks to the media before a game against the Milwaukee Brewers at Citi Field in New York City, June 28, 2023. Jim Mcisaac | …

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British American Tobacco finalizes Russia exit

by Akin Smith
British American Tobacco finalizes Russia exit

British American Tobacco has finalized its exit from Russia about 18 months after it pledged to do so in the wake of Moscow’s invasion of Ukraine. The multinational cigarette maker said …

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Record number of Americans to bet on NFL this season

by Anas Siddiqui
Record number of Americans to bet on NFL this season

Buffalo Bills quarterback Josh Allen (17) runs the ball during the AFC Divisional Round playoff game against the Kansas City Chiefs on January 23rd, 2022 at Arrowhead Stadium in Kansas …

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Cramer identifies ‘cracks’ he sees in the market

by Horatio Thompson
Cramer identifies ‘cracks’ he sees in the market

CNBC’s Jim Cramer told investors he sees “cracks” in the market, especially in the prospective earnings of some big name companies. He stressed that many of these cracks may be …

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Taylor Swift, Beyoncé and Barbenheimer are helping consumer spending

by Walter Watson
Taylor Swift, Beyoncé and Barbenheimer are helping consumer spending

Taylor Swift, Beyonce, Barbie, Oppenheimer Getty Images Consumer spending may not be out of the woods. Real spending is expected to come in 1.9% higher in the third quarter, helped …

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Starbucks, Dunkin roll out pumpkin spice, fall menus early

by Anas Siddiqui
Starbucks, Dunkin roll out pumpkin spice, fall menus early

Starbucks’ iced pumpkin cream chai tea latte. Source: Starbucks In most of the U.S., tree foliage is green and temperatures are warm. But for many restaurants and retailers, fall is …

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Lululemon (LULU) earnings Q2 2023

by Anas Siddiqui
Lululemon (LULU) earnings Q2 2023

A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California. Justin Sullivan | Getty Images Lululemon raised its full-year guidance Thursday after reporting an 18% jump …

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Walmart tries to grow third-party marketplace with Las Vegas event

by Anas Siddiqui
Walmart tries to grow third-party marketplace with Las Vegas event

Walmart is hosting its first seller summit businesses that are part of its third-party marketplace. The two-day event includes how-to sessions and remarks by the retailer’s top leaders. Melissa Repko …

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