Tag: Retail industry
Peloton plunges after short-seller warns of cheaper competition
Shannon Stapleton | Reuters Peloton shares skidded 6.6% Tuesday after a Citron Research short-seller note pointed to “clear flaws” in the exercise ...Moody’s sees department store operating income down 20% in 2019
People carry shopping bags from Macy’s Herald Square during early opening for Black Friday sales in New York City, November 28, 2019. ...Coca-Cola CEO says it waited too long to make a sparkling water brand
James Quincey, the CEO of The Coca-Cola Company, speaks during an interview with CNBC on the floor at the New York Stock ...Macy’s, Kohl’s ‘have never felt more irrelevant’
Department stores “have never felt more irrelevant,” CNBC’s Jim Cramer said Monday. Consumers are finding it easier to shop for better prices ...McDonald’s black franchisees leave chain as disparity grows
A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images McDonald’s black franchisees are choosing ...Nestle’s plan to reinvigorate bottled water growth includes caffeinated water
A woman pushes her shopping cart down the bottled water aisle at a supermarket in Los Angeles, California on March 15, 2018. ...Papa John’s CEO says pizza recipe hasn’t changed despite founder’s claims
Rob Lynch, CEO of Papa John’s Pizza. Anjali Sundaram | CNBC Papa John’s CEO Rob Lynch said Tuesday that the pizza chain ...Disney nears $10 billion global box office record
Anna in “Frozen II.” Disney With Sunday’s estimates, Disney is now a breath away from hauling in $10 billion globally from its ...Why online mattress start-up Nectar is seeing faster growth offline
Nectar mattresses Source: Nectar When our company, Resident, first reached out to Cardi’s, a top New England furniture and mattress retailer, we ...‘Playmobil’ movie bombs at box office, hauls in less than $1 million
The character Marla in ‘Playmobil’ STX Films, promotional photo of Playmobil movie It seems Disney’s reign over the animation box office continued ...
