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Retail
Walmart hometown Bentonville Arkansas gets more expensive
BENTONVILLE, Ark. — When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn't yet a decade old. Sometimes, the nearby creek would flood, and cows would…
Best Buy, Microsoft get price-target hikes — plus, TJX plans to enter a new
Club holdings Microsoft and Best Buy were the subject of upbeat Wall Street research, while TJX Companies hit an intraday high Friday on the same day it announced plans to enter a new international market. Here's a closer look at the…
GM EVs at Costco Auto help drive electric vehicle sales
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric…
Dollar Tree (DLTR) earnings Q1 2024
An exterior view of a Dollar Tree store in Bloomsburg Pennsylvania. Paul Weaver | Sopa Images | Lightrocket | Getty ImagesDollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand.The…
Here’s how ‘spaving’ could hurt your finances
"Spaving," or spending more to save more, has become a dangerous habit for cash-strapped Americans amid elevated inflation and mounting debt.Though inflation eased in April, the consumer price index was still up 3.4% from a year prior. …
Sweetgreen stock plummets after salad chain cuts forecast, announces
A worker wears a Sweetgreen Inc. hat while preparing food inside the company's restaurant in Boston, Massachusetts.Adam Glanzman | Bloomberg | Getty ImagesShares of Sweetgreen plunged 23% in extended trading Tuesday after the salad chain…
Yum Brands (YUM) Q2 2022 earnings
A woman walks past a Taco Bell Cantina on July 30, 2020 in New York City.Alexi Rosenfeld | Getty ImagesYum Brands on Wednesday reported mixed quarterly results, but said Taco Bell had stronger sales.Shares of the company rose nearly 2%…
Starbucks union asks coffee giant to extend pay hikes, benefits to
With pay increases set to kick in at Starbucks cafes around the U.S. on Monday, labor organizers are asking the coffee giant to extend the benefits to unionized stores as well without going through the bargaining process.The request…
Peloton slashing 780 jobs, closing stores and hiking prices in push to turn
Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking prices on some equipment in a bid to cut costs and become profitable. The company did not specify how many…
Alibaba (BABA) earnings fiscal Q1 June quarter
Alibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's growth could pick up through the rest of…