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Retail
Nike cuts 1,400 roles in second round of layoffs this year
People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the organization, mostly concentrated in its technology…
Generation X is driving beauty sales
Ryan Mckeever | E+ | Getty ImagesMove over, Sephora kids. While younger generations have been buying beauty products in droves, data shows that a different generation holds more spending power: Generation X.Often dubbed the "forgotten…
Procter & Gamble (PG) Q3 2026 earnings
Procter & Gamble on Friday reported quarterly earnings and revenue that topped analysts' expectations, as volume for its products grew for the first time in a year.But looking ahead, executives warned about uncertainty caused by the…
Starbucks’ loyalty changes are drawing value-conscious customers
A customer inside a Starbucks coffee shop in Hercules, California, US, on Thursday, Sept. 25, 2025. David Paul Morris | Bloomberg | Getty ImagesStarbucks is seeing early signs that changes to its loyalty program are paying off as…
(YSWY) starts trading on the Nasdaq
Thomas Trkla, chairman and and chief executive officer of Yesway Inc., during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, April 22, 2026. Michael Nagle | Bloomberg | Getty…
Here’s our April update on all 31 portfolio stocks, including 3 buys
The CNBC Investing Club held its April Monthly Meeting on Thursday, with Jim Cramer and Jeff Marks, director of portfolio analysis, hashing it out on each stock in the portfolio. The confab came a day after the S & P 500 closed at…
Sandwich chain Jersey Mike’s confidentially files for IPO
A Jersey Mike's restaurant in Walnut Creek, California, Nov. 21, 2024.David Paul Morris | Bloomberg | Getty ImagesJersey Mike's has confidentially filed for an initial public offering, the company said Monday. The announcement comes more…
Uber Eats offers return pickup for retail app purchases
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025.Jakub Porzycki | Nurphoto | Getty ImagesReturning packages is a pain. Uber says it can fix that.Uber Eats announced a returns feature on Friday that lets customers do it…
Local car dealerships growing, dying amid rise of mega auto retailers
Derek Sylvester with members of his family, team and mascot Molly, who was featured on the dealership's logo.Courtesy Sylvester ChevroletDerek Sylvester's father built the family's original Chevrolet dealership with his bare hands on…
Some grocers are using AI to cut food waste and boost profit margins
As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely on artificial intelligence to protect margins without losing customers. Traditional levers to…