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Retail
Hasbro (HAS) earnings Q2 2024
Hasbro board games are seen for sale at a Target store on December 12, 2023 in Austin, Texas. Brandon Bell | Getty ImagesToy company Hasbro beat Wall Street expectations for the second quarter on Thursday, thanks in part to growth in its…
Chipotle Mexican Grill (CMG) Q2 2024 earnings
A Chipotle restaurant in New York on July 3, 2023.Jeenah Moon | Bloomberg | Getty ImagesChipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts' expectations as it saw higher traffic at its…
FTC launches probe into ‘surveillance pricing’
Lina Khan, chair of the Federal Trade Commission, speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on June 4, 2024. Shannon Finney | CNBCThe Federal Trade Commission is launching an investigation into so-called…
Macy’s ends buyout talks with Arkhouse and Brigade
The Macy's logo is seen at the Macy's store in Herald Square in New York City on Jan. 19, 2024.Michael M. Santiago | Getty Images News | Getty ImagesDepartment store Macy's said Monday its board has unanimously decided to end…
Here’s why Jim Cramer says Amazon is a buy ahead of its Prime Day event
Amazon is a buy ahead of its annual Prime Day starting Tuesday — even as the stock has rallied hard this year. That's because the high-quality stock is still cheap, said Jim Cramer on CNBC Monday. Consider: Shares of the e-commerce giant…
China’s rich shy away from flaunting wealth amid economic uncertainty
China's rich are turning their backs on flaunting their wealth as the economy faces headwinds, putting the country's luxury market under pressure.D3sign | Moment | Getty ImagesChina's rich are growing more cautious about flaunting their…
Britain sees low-alcohol beer sales boom during Euros
People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of July 2024, London, United Kingdom. Kristian Buus | In Pictures | Getty ImagesLONDON — While the European men's soccer…
Why outlet malls are struggling against Amazon and Shein
Outlet malls have been an American staple for shoppers since the 1930s. But they're not doing as well as they once were.Historically, outlets were attached to the factories where apparel was made, selling out-of-season, overrun or faulty…
Bay, Iger to take controlling stake at $250 million value
Bob Iger, chief executive officer of The Walt Disney Co., and his wife attend Willow Bay the Allen & Company Sun Valley Conference on July 11, 2024 in Sun Valley, Idaho. Kevork Djansezian | Getty ImagesWillow Bay and Bob Iger will…
6 categories cheaper today than before pandemic
It's the nature of prices to go up over time, even in low-inflation environments. Historically, the target for the U.S. Federal Reserve has been 2% annual inflation.So when worldwide events like the Covid-19 pandemic push inflation well…