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Retail
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…
Costco should be higher on ‘incredible’ sales, Wells Fargo is a buy
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. U.S. stocks advanced Thursday after lower-than-expected weekly jobless claims assuaged…
Eli Lilly’s earnings rally is not done yet — plus, why TJX has stayed
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Mixed Markets: The S & P 500 is trying to finish the week out…
E.l.f Beauty (ELF) earnings Q1 2025
E.l.f. Beauty's growth story is still going.The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales. The eyes, lip, face beauty giant's sales soared to $324.5 million in its fiscal first…
Inflation, grocery prices a top issue
Kroger, Walmart, and McDonald's.Beata Zawrzel | Nurphoto | Brandon Bell | Getty Images | Kamil Krzaczynski | ReutersExpensive Big Mac meals and fears of surge pricing at grocery stores have put food chains and consumer product companies…
Arsenal names Athletic Brewing as official nonalcoholic beer partner
Athletic Brewing Company is the official nonalcoholic beer partner of Arsenal F.C.Courtesy: Athletic Brewing Co.Athletic Brewing Company has scored a partnership with Arsenal, becoming the English soccer team's first official…