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Retail
Pepsi renews contract with Taco Bell after KFC Coke deal
A staff member is seen at a Taco Bell restaurant in London.May James | Sopa Images | Lightrocket | Getty ImagesPepsiCo and Taco Bell renewed their long-running partnership through 2036, the food and beverage company said Thursday.The…
David’s Bridal plans Pearl AI spinoff into public company
David's Bridal is planning to spin off its artificial intelligence platform, Pearl, into a stand-alone publicly traded company targeting a valuation of roughly $350 million, CNBC learned exclusively.The company expects the deal to close…
EBay to lay off 9% of workforce
EBay will lay off about 9% of its workforce in a move to streamline its operations and focus on its fastest-growing areas, a company spokesperson confirmed to CNBC. The layoffs will affect approximately 1,000 employees. "As we work to…
What Amazon must do to get its stumbling stock back to record highs and
Only a couple of months ago, Amazon's comeback rally looked unstoppable — until it was. With a huge post-earnings boost, Amazon shares closed at a record high of $284 each on Aug. 3 — an increase of nearly 45% from its 52-week low back…
Apple’s iPhone Duo is proving the catalyst that Jim Cramer said it would be
Apple's iPhone Duo is shaping up to be the new growth engine that Jim Cramer predicted it would be. In the days leading up to Duo preorders this past Friday, Jim said many times that Apple's first foldable device would be a blockbuster.…
Here’s our monthly update on our 32 stocks, including 2 more names to buy
What a week to have a Monthly Meeting. On Thursday, Jim Cramer and portfolio director Jeff Marks held our October Monthly Meeting. They ran through our portfolio during this cloudy moment for the AI trade. Nevertheless, as Jim explained…
E.l.f. Beauty CFO Mandy Fields on consumers, pricing and building a
E.l.f. Beauty CFO Mandy FieldsCourtesy: e.l.f. BeautyCNBC CFO Council member Mandy Fields has helped lead E.l.f. Beauty through massive growth in recent years. The cosmetics and skincare company has evolved from a small budget-friendly…
Kimberly-Clark is having its best week in four years. Here’s what is
Kimberly-Clark shareholders were in need of some good news. We've been gifted plenty of it this week. On Thursday alone, the maker of Kleenex and Huggies reported better-than-feared preliminary results for its third quarter, and Chinese…
Jim Cramer on VF Corp, Kontoor Brands apparel stocks
CNBC's Jim Cramer said Thursday that investors looking beyond the struggling artificial intelligence trade should consider apparel stocks VF Corp and Kontoor Brands.VF Corp is the parent company of Vans, The North Face and Timberland.…
Holiday shopping is expected to grow, boosted by inflation
Despite macroeconomic pressures and a cautious consumer, retail sales this holiday season are expected to grow year-over-year as spending remains strong.According to Bain & Company's annual forecast, holiday retail sales are expected…