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Retail
McDonald’s, Chipotle warn of weak first quarter
A McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesIn like a lion, out like a lamb.That's how restaurant executives envision 2025 after a rough start to the year, largely…
Retail sales slumped 0.9% in January, down much more than expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday.Retail sales slipped 0.9% for the month from an upwardly revised 0.7% gain…
Americans to spend $14.6 billion on Valentine’s Day, report finds
Sanja Radin | E+ | Getty ImagesIt seems that love is in the air, and so is the spending as more people are apparently getting into the Valentine's Day spirit this year.Americans shopping for their significant others are expected to spend…
Unilever (ULVR) earnings Q4, full-year FY24
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave on March 19, 2024 in the Flatbush neighborhood of Brooklyn borough in New York City. Michael M. Santiago | Getty ImagesConsumer goods giant…
Olipop prebiotic soda valued at $1.85 billion in funding round
Super Bowl ad of Poppi.Source: PoppiPrebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company.Founded in 2018, Olipop has helped fuel the growth…
Tequila, mezcal sales are growing but Mexico tariffs may hit industry
A seller holds up a bottle of Casamigos, tequila from Diageo, the world's leading spirits maker, at a liquor store in Monterrey, Mexico, on Dec. 10, 2024.Daniel Becerril | ReutersThe U.S. spirits industry maintained its market share…
Tapestry (TPR) Q2 2025 earnings
The logo of U.S. fashion brand Coach is seen in New York on Nov. 19, 2024.Charly Triballeau | AFP | Getty ImagesShares of Coach parent Tapestry rose about 12% on Thursday after the company beat holiday-quarter sales expectations and…
L’Oreal (OREP.PA) earnings Q4, full-year FY24
A woman view skin care products at L'Oreal booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China.China News Service | China News…
Companies holding the line, working behind the scenes
President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025.Xinhua News Agency | Xinhua News Agency | Getty ImagesThere's a delicate balance playing out at corporations across America.As…
L’Oreal looks to U.S. ‘land of opportunity’ as China disappoints
L'Oreal global flagship store is seen on Nanjing Road on May 8, 2021 in Shanghai, China.Vcg | Visual China Group | Getty ImagesThe world's largest beauty group L'Oreal said Friday that it plans to become less dependent on the Chinese…