- New Starbucks CEO Laxman Narasimhan plans to work a shift once a month at the company's cafes.
- Darden's same-store sales grew 11.7% across all of its brands, which include chains like Olive Garden, LongHorn Steakhouse and The Capital Grille.
- New Starbucks CEO Laxman Narasimhan will lead the company's shareholder meeting just days after his transition to the role.
- Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earlier.
- The Oleato line, which was the brainchild of former CEO Howard Schultz, debuted in roughly two dozen Italian cafes in February.
- Nike worked through excess inventory during the holiday season as it navigated global supply chain issues.
- Customers at two Panera Bread locations in St. Louis can use their palms to pay for their orders and connect to their loyalty program accounts.
- Investors have been watching to see if Nike's gross margins improve from its direct-to-consumer channels.
- GameStop has been in the midst of a turnaround and posted its first quarterly profit in two years.
- The vodka is available in select markets across North America and comes in an unflavored option, as well pineapple, mango and black cherry.
- The firm expects the retailer's stock could rally 25.4%.
- The 10-year deal marks the first time Fanatics branding will appear on official player uniforms in professional sports.
- The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
- Foot Locker touted a 'renewed' relationship with Nike after the sneaker maker moved away from wholesalers for its direct to consumer channels.
- Starbucks' board announced Laxman Narasimhan as Howard Schultz's latest successor in September.
- Retailers and trade groups say organized retail crime has been on the rise, but the problem is far murkier than they've made it seem.
- Retailers including Target, Macy's and Kroger previewed their strategies for a slowdown in recent earnings reports.
- On market days like Wednesday, the Club is considering the impact that concerns about Credit Suisse's health have on our holdings.
- Logistics startup Zipline wants to make deliveries by drone a sustainable, everyday convenience in the U.S.
- Kellanova, which will include brands like Pringles and Cheez-Its, will retain the "K" stock ticker currently used by Kellogg.
- When a sell-off in the futures market brings down the prices of everything, we like to separate what deserves to be down from what doesn't.
- We sought to be discerning with our Club portfolio and, eventually, opportunistic in stocks that we felt unreasonably sank.
- In its latest quarter, Tyson said its chicken business underperformed expectations.
- The Air Jordans are expected to be the most expensive pair of sneakers ever to appear at auction, estimated to sell for between $2 million and $4 million.
- One affected Etsy seller told NBC News the deposits delay would have a “catastrophic” effect on his business.
- China has yet to see a strong rebound in consumer spending, according to major companies.
- Footwear retailer Allbirds had a disappointing holiday quarter and failed to post year-over-year sales growth for the first time in its history.
- Gap's fiscal fourth quarter results fell short of Wall Street's expectations.
- Ulta sales have benefited from the overall resilience of the beauty category as shoppers budget for affordable luxuries like makeup and wellness products.
- Girl Scout cookies are in short supply for the third year in a row due to production delays at Little Brownie Bakers.
- Waitrose has launched a trial scheme where packaging has been removed from hundreds of items in-store to enable customers to fill their own containers with products. .
- Network Rail has reported that retail like-for-like sales at stations it manages increased by 2.42% in the three months to the end of March. On a total basis sales were up 6.84%.
- Shopping centre owner Intu has named Robert Allen as its new chief financial officer.
- UK retail sales declined by 3% on a like-for-like basis last month as the country's political and economic uncertainty took its toll.
- Wellington boot brand Hunter achieved record revenues in 2018 with an increase of 9% to £113.8 million.
- Magmatic, the owner of theTrunki children's suitcase brand, increased its profits by 51% in 2018 following a strong international performance.
- US beauty retailer Morphe Cosmetics has opened its first store in the North West on Liverpool ONE’s Paradise Street.
- With just a handful of places left, don’t miss the chance to join the 120+ delegates at this year’s Customer Engagement Conference on Wednesday 5 June.
- Over-aggressive fraud strategies fuel false declines, resulting in almost 3% of lost revenue for ecommerce.
- Outdoor retailer Mountain Warehouse has seen its pre-tax profits increase by 14% to a record £23.7 million in the year to the end of February.
- Consumer confidence has risen by three points this month according GfK’s long-running Consumer Confidence Index.
- Waitrose & Partners is to introduce an ‘invisible door’ at one of its stores later this year. The retailer said the door could potentially save UK retailers a combined £1.5 billion per year by reducing their energy bills.
- Ahead of speaking at Retail Customer Engagement on 5 June, Steve Kato-Spyrou, UX manager at John Lewis & Partners, has highlighted how customer-centric design can often be overlooked in retail businesses despite it being a major...
- Calabrio - Customer Engagement Conference 2019 sponsor - is the customer experience intelligence company that empowers organisations to enrich human interactions.
- Fashion retail group N Brown has strengthened its leadership team by appointing Kenyatte Nelson as its chief brand officer.
- Microsoft has announced that its new flagship store at London’s Oxford Circus will open on 11 July.
- Cosmetics company Shiseido and Superdrug owner AS Watson have developed a new three-year plan as they look to strengthen their strategic partnership.
- Tapestry, the owner of the Kate Spade, Coach and Stuart Weitzman luxury lifestyle brands, has hired Thomas Glaser as its chief operations officer.
- Administrators for the Select fashion chain have filed proposals for a Company Voluntary Arrangement as they look to cut property costs for the business.
- H&M has collaborated for a second time with Dutch brand Love Stories on a swimwear collection.