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Retail industry

Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases

A Macy's store is seen at Herald Square on December 11, 2023 in New York City.Michael M. Santiago | Getty ImagesInflation may have...

CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer

Longtime CVS Health executive David Joyner has succeeded Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance,...

Starbucks taps former Chipotle executive as global chief brand officer

Tressie Lieberman, the incoming global chief brand officer at Starbucks.Courtesy: StarbucksStarbucks has tapped Chipotle alum Tressie Lieberman as its global chief brand officer,...

Watch maker Patek Philippe launches first new collection in 25 years

Introducing the new Patek Philippe Cubitus line.Courtesy: Patek PhilippeStoried Swiss watch maker Patek Philippe announced its first new collection in 25 years this...

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales.The company's organic sales in Greater...

NFL stadiums could experience $11 billion in climate-related losses by 2050, a new report finds

In this aerial view, the domed roof at Tropicana Field, the home of the Tampa Bay Rays, is seen ripped to shreds from...

Tom Brady and partner Tom Wagner to pay over $200 million for stake in Las Vegas Raiders

National Football League owners approved Tom Brady as a minority owner of the Las Vegas Raiders on Tuesday. The seven-time Super Bowl champ...

Pharmacy deserts are appearing across U.S. as Rite Aid, Walgreens, CVS drug store closures spread

A shuttered Rite Aid store in New Lebanon, Ohio.Kevin WilliamsNew Lebanon, Ohio, population 3,756, has three dollar stores, a Groceryland grocery store, a few...

Robert Kraft, professional sports leagues join forces with campaign against antisemitism

The biggest names in sports are joining forces in a new campaign to combat antisemitism.New England Patriots owner Robert Kraft and his foundation...

Hard Rock chairman opens the door to a FanDuel or DraftKings partnership in Florida

Florida's sports betting market may be about to get a lot more interesting, with Hard Rock's chairman opening the door to partnerships with...

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