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Retail
Mattel names Roger Lynch as CEO, replacing Ynon Kreiz
Mattel on Wednesday named Roger Lynch as its new CEO and chairman, succeeding Ynon Kreiz.Lynch, who has been a member of Mattel's board since 2018, will take the reins as chairman on Oct. 2 and CEO by Nov. 2, according to the press…
From BJ’s to Lululemon, retailers are trimming assortments
Retailers are trimming assortments in an effort to clean up their balance sheets.As shoppers cut spending in the face of high gas and food prices, businesses have pulled more levers to boost profitability and appease investors. During…
AI agents could soon shop for consumers. What it means for retail stocks
Your next personal shopper may not be a person at all. The latest breed of artificial intelligence assistants goes beyond the abilities of chatbots, which are great at answering questions and creating content. These generative AI…
Costco’s sales resilience is giving Cramer a reason to feel better about
Costco's latest monthly sales report is giving Jim Cramer a new reason to feel better about the stock. On Wednesday evening, Costco reported overall same-store sales, also called comparables or comps, increased 11.4% in September.…
Lululemon poaches Athleta CEO Maggie Gauger as chief product officer
Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as president and chief product officer, effective later this month.The move marks the latest shake-up among the top executives in the increasingly…
Walmart digital shelf labels add product-finding tools
Walmart is aiming to make it as easy as possible for its customers to find exactly what they want.The retailer is leveraging three new tools tied to its digital shelf labels for both customers and store associates to better find…
Burger King refranchising plan targets local operators
A car goes through the drive-thru at a Burger King restaurant on May 6, 2026 in Burbank, California. Justin Sullivan | Getty ImagesWhen Jeremy Kline was 15, he started as a crew member at Taco Bell. In the decades since then, he worked…
Chick-fil-A CEO Andrew Cathy on family ownership, growth
Chick-fil-A location in New York City, Aug. 6, 2026.Marcin Golba | Nurphoto | Getty ImagesWith restaurants as far-flung as Singapore, Chick-fil-A has expanded far beyond its Southeastern stronghold in recent years, but CEO Andrew Cathy…
How checkout, payments and privacy work
Jolly, the mascot for the Muse AI agent, during the Meta Connect event in Menlo Park, California, US, on Thursday, Sept. 24, 2026. Minh Connors | Bloomberg | Getty ImagesMeta's new artificial intelligence agent Muse promises to make…
How 3 brands turn buzz into business
The perfect mix of viral moment, urgency, and brand awareness can be summed up in two words: Unicorn Frappuccino. How Starbucks over the summer drummed up interest in a limited-time drink based on a mythical beast — and leveraged it to…