Browsing Category
Retail
Beyoncé launches whiskey line with LVMH’s Moët Hennessy
Moët Hennessy SirDavis American Whisky.Courtesy: Moët HennessyBeyoncé is holding her whiskey up high.The megastar is entering the luxury liquor business with the launch of a new whiskey line in collaboration with LVMH's Moët Hennessy,…
Some families say back-to-school shopping will put them in debt
A Target store in Queens, New York.Lindsey Nicholson | UCG | Universal Images Group | Getty ImagesThe back-to-school shopping season is in full swing, with the hefty bills to prove it.Nearly one-third — 31% — of back-to-school shoppers…
Cramer says Walmart’s big quarter may not represent the consumer
CNBC's Jim Cramer reviewed Walmart's quarter, suggesting the big-box retailer's strong results are due to its successful business strategy and aren't necessarily indicative of a favorable consumer landscape."Don't make the mistake of…
Why 90% of the U.S. avocado supply comes from Mexico
Avocados have become nearly ubiquitous in American society, served at fast-food outlets and fine dining alike as demand grows. The U.S. Department of Agriculture reports that U.S. avocado consumption has more than tripled since 2001. The…
These 3 retail stocks are winners this back-to-school shopping season
Backpacks, Stanley water bottles and No. 2 pencils. This year's back-to-school must-haves are a mix of the new and the (very) old. But the most important thing shoppers are looking for doesn't appear on any lists: good deals. The stores…
Walmart (WMT) earnings Q2 2025
Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company's stores and website drew more visits, and sales outside the grocery department improved. The discounter beat Wall Street's…
Designer dupe demand soars, a sign of the economic times
Klaus Vedfelt | Digitalvision | Getty ImagesFrom leggings to lip gloss, there's a dupe for almost any brand-name product.Buying a knockoff used to be a consumer's dirty little secret, largely because a "fake" was considered inferior to…
Chipotle stock falls as CEO Brian Niccol leaves for Starbucks
Chipotle stock fell as much as 10% on Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become CEO of Starbucks. The stock closed down 7% for the day.Niccol began as Chipotle CEO in March 2018.…
Equinox Group-owned gym Blink Fitness files for bankruptcy protection
A Blink Fitness gym is seen on Flatbush Avenue on August 12, 2024 in the Flatbush neighborhood of the Brooklyn borough in New York City. Michael M. Santiago | Getty ImagesBlink Fitness, a budget-friendly gym chain owned by luxury fitness…
LVMH puts mark on Olympics as luxury brands embrace sports
The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering at LVMH in Paris on July 22, 2024, ahead…