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Retail
Mattel shares rise after reports of Authentic Brands takeover interest
Barbie dolls are seen in a store at Fiumicino Airport in Rome on March 28, 2024. Jakub Porzycki | Nurphoto | Getty ImagesShares of Mattel rose nearly 20% on Thursday after the Wall Street Journal reported that the toymaker had attracted…
David Ellison names Ynon Kreiz co-CEO of Paramount-WBD
David Ellison, CEO of Paramount Skydance and Ynon Kreiz.Caroline Brehman | Reuters Richard Bord | Wireimage | Getty ImagesParamount Skydance CEO David Ellison announced on Wednesday the appointment of outgoing Mattel Chief Executive…
El Pollo Loco to open first New York restaurant
El Pollo Loco will open its first New York City restaurant next year as the California chain looks to become a national player.El Pollo Loco has closed three development agreements for a total of 15 restaurants in the New York area over…
McDonald’s (MCD) hosts investor day
McDonald's Chris Kempczinski speaks about fresh beef expansion at a McDonald's event in Oak Brook, Illinois.Richa Naidu | ReutersMcDonald's is expected to share more details about its new strategy to win back diners at its investor day…
Lowe’s launching drone delivery service with DoorDash, Alphabet
Lowe's is launching a drone delivery service in partnership with DoorDash and Alphabet's Wing, CNBC has learned exclusively. The company said the new drone delivery service — a first in the home improvement retail space — will give…
Starbucks to close 250 stores
The Starbucks logo is seen at a store in Houston on September 25, 2025. Ronaldo Schemidt | Afp | Getty ImagesStarbucks on Thursday announced it will close about 1% of its North American cafes as part of its turnaround.Under CEO Brian…
Darden Restaurants (DRI) Q1 2027 earnings
Darden Restaurants on Thursday reported quarterly earnings and revenue that narrowly missed analysts' expectations as same-store sales growth at Olive Garden slows.Shares of the company fell as much as 5% in premarket trading but pared…
KFC debuts Open House restaurant concept in Texas
KFC is debuting a restaurant concept, Open House, where it will test new offerings such as breakfast, late-night and table service, the company said in a release Thursday. Expanded menu offerings include breakfast items — a first for KFC…
CEO Chris Kempczinski discusses inflation
McDonald's is predicting that flat traffic and higher inflation will continue to weigh on the restaurant industry, CEO Chris Kempczinski said Wednesday."One of the things I've talked to our team about is we need to stop talking about…
These 2 stocks are ‘a cornerstone part of our portfolio’ as AI security
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 Tuesday's key moments. 1. Stocks were mixed Tuesday as oil prices fell for a fifth straight session. The…