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Retail industry
Retailers brace for DEI blowback in lead-up to election, holiday shopping season
A sign disparaging Bud Light beer is seen along a country road on April 21, 2023 in Arco, Idaho. Anheuser-Busch, the brewer of...
Burger King parent Restaurant Brands falls short of third-quarter expectations
Restaurant Brands International on Tuesday reported quarterly earnings and revenue that missed analysts' expectations as domestic same-store sales growth for all four of its...
Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines
Budrul Chukrut | Lightrocket | Getty ImagesYum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street's expectation as same-store sales at KFC...
A fast-changing Chinese coffee market awaits Starbucks CEO Brian Niccol
People seen around the Starbucks coffee store in Shenzhen, China.Jakub Porzycki | Nurphoto | Getty ImagesOn Starbucks' fourth-quarter earnings call, newly installed CEO...
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peter Stern, CEO of Peloton Interactive.Courtesy: Peloton InteractivePeloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of...
Starbucks’ plan to return to its roots involves 200,000 Sharpies
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks CEO Brian Niccol said the...
Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
A Peloton bike is displayed at a Dick's Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan | Getty ImagesPeloton...
Starbucks will stop charging extra for dairy alternatives
Starbucks offers oat milk as a dairy-free option.Source: StarbucksStarbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S....
CDC says 90 people affected in E. coli outbreak linked to McDonald’s Quarter Pounders
A Quarter Pounder with cheese, fries and a drink arranged at a McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul...
Chipotle misses revenue estimates as same-store sales growth disappoints
A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant | Bloomberg |...