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Retail
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…
Restaurants fight FTC junk fee crackdown over surcharges
Leopatrizi | E+ | Getty ImagesLawmakers want to crack down on "junk fees," but restaurants are trying to stay out of the fight.Surcharges or fees covering everything from credit card processing to gratuities to "inflation" have become…
Two-day shipping Americans now expect faces a climate change threat
Customers have come to expect when they order something online, it arrives in two days or less. But with increasing adverse weather events like Houston's heatwaves, Florida's hurricanes and other extreme storms, it's getting harder to…
Debate on whether to trim Best Buy ahead of next week’s earnings
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 Friday's key moments. Stocks rallied Friday after Federal Reserve Chairman Jerome Powell's dovish Jackson Hole…
Walmart adds Burger King benefit for Walmart+ members
A Burger King Whopper hamburger is displayed in San Anselmo, California.Justin Sullivan | Getty ImagesWalmart members are in for a whopper of a deal.The retailer on Thursday announced a new partnership with fast food chain Burger King…
Amazon’s cloud unit may need to pass the profit growth baton to e-commerce
Amazon needs to make more money from its retail business at a time when the bar is already high and short-attention-span consumers are looking for bigger and better bargains. Starting in 2025, "the retail business has big shoes to fill…