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Retail
Beyond Meat to launch new steak alternative as it focuses on health
Beyond Meat in El Segundo, Calif. Christina House | Los Angeles Times | Getty ImagesBeyond Meat will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers.CEO Ethan Brown said on Wednesday…
TJ Maxx’s owner (TJX) bringing secret sauce to new parts of the world
TJX Companies is adding new countries to its treasure-hunting map — looking to further boost business outside its strong U.S. marketplace. The Massachusetts-based owner of T.J. Maxx and Marshalls announced a pair of international…
Why the McDonald’s value meal is making a comeback
With fast-food customers revolting over higher prices, chains like McDonald's, Burger King and Wendy's are bringing back the value meal.Nearly 80% of Americans said they feel fast food has become a luxury and are eating out less,…
Restaurant chains that filed for bankruptcy this year
The Red Lobster logo is displayed outside of a closed restaurant in Torrance, California, on May 14, 2024.Patrick T. Fallon | Afp | Getty ImagesRestaurant bankruptcy filings have surged so far this year, echoing a broader rise in…
Here’s when it makes sense to buy vs. rent
Owning isn't always what it's cracked up to be.For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to clothing and furniture these days, according to a report by Intuit…
Shohei Ohtani signs trading card deal with Fanatics-backed Topps
Dodgers designated hitter Shohei Ohtani, #17, watches his ball soar after hitting his first home run as a Dodger off of Giants pitcher Taylor Rogers, # 33, in the seventh inning at Dodger Stadium in Los Angeles Wednesday, April 3,…
Lululemon (LULU) earnings Q2 2024
Signage at a Lululemon store in New York, US, on Thursday, Aug. 22, 2024. Lululemon Athletica Inc. is scheduled to release earnings figures on August 29. Yuki Iwamura | Bloomberg | Getty ImagesLululemon lowered its guidance and posted…
Ford joins list of companies walking back DEI policies
Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives.The automaker has taken "a fresh look" at its DEI policies and practices over the past year to take in to account the…
Nordstrom (JWN) earnings Q2 2024
Signage outside a Nordstrom Rack retail store in New York on Aug. 25, 2022.Gabby Jones | Bloomberg | Getty ImagesNordstrom on Tuesday posted earnings that blew past Wall Street's expectations, indicating the department store is making…
Stock market rotation back? Plus, the mob scene at Costco’s new store in
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. Rotation back: The S & P 500 and Nasdaq were lower to start…