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Retail
Peloton (PTON) Q2 2025 earnings
Peloton told investors Thursday it still has a "steep hill to climb" to achieve profitable growth under its new CEO and won't be ready to focus on boosting sales until it fixes its balance sheet.The bike maker posted mixed fiscal…
Barbies and Hot Wheels could be more expensive under Trump tariffs
The new and old versions of the classic Barbie dolls are on display at Mattel Design Center in El Segundo, California, on Feb. 22, 2024.Mario Anzuoni | ReutersMattel could soon raise the prices of toys such as Barbie and Hot Wheels in…
Trump tariffs may raise avocado costs
Boxes of avocados are seen at the Central de Abastos market in Guadalajara, Jalisco state, Mexico, on Jan. 31, 2025.Ulises Ruiz | Afp | Getty ImagesChipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs…
Shein releases product safety data ahead of London IPO
A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein's Christmas bus tour, in Manchester, Britain, December 13, 2024. Temilade Adelaja | ReutersShein is ramping up its charm offensive again as the…
Ontario to remove U.S. alcohol from shelves after Trump’s tariffs
Ontario Premier Doug Ford speaks during a campaign stop at Walker Construction in Niagara Falls, Ontario, Canada, January 31, 2025. Carlos Osorio | ReutersOntario will pull all American alcohol from its government-run liquor shelves…
AI chatbots emerged as a go-to tool for holiday shoppers. What that means
There's a new shopping sidekick in town: generative AI. Looking for gift ideas and bargains, online shoppers flocked to artificial intelligence chatbots in droves this holiday season. Retailers reaped the benefits, particularly portfolio…
Manufacturers prepare for higher costs
As President Donald Trump threatens to impose his first tranche of tariffs on the world Saturday, Chinese manufacturers are bracing for impact.Though Trump is proposing his biggest initial swing at Canada and Mexico with a proposed 25%…
UPS shares tank after weak guidance, plan to slash Amazon deliveries
Amazon Prime and UPS trucks are seen in Washington, D.C., on July 12, 2024.Jakub Porzycki | Nurphoto | Getty ImagesShares of United Parcel Service closed down 14% Thursday after the company issued weak revenue guidance for the year and…
Levi Strauss (LEVI) earnings Q4 2024
Levi Strauss issued dismal guidance for its current fiscal year on Wednesday, as the denim maker grapples with unfavorable currency exchange rates, one fewer selling week and a loss in revenue from its Denizen and footwear businesses. …
Starbucks adds two former Taco Bell executives ahead of earnings
Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31, 2024.CNBCStarbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his former employer…