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Retail- CNBC's Jim Cramer said Thursday that GameStop's post-quarterly results conference call "was not a conference call.
- FDA announced Thursday afternoon that it has made "significant progress" in reviewing roughly 6.5 million product applications from about 500 companies.
- The big-box retailer said that it will roll the compensation into employees' base pay.
- Lululemon blew past Wall Street expectations in its latest fiscal quarter and said it's on track to hit a 2023 revenue target well ahead of schedule.
- Shares of GameStop fell about 2% in extended trading on Wednesday even after the retailer said its second-quarter losses narrowed year over year.
- Lululemon shares rose after the athletic apparel maker reported fiscal second-quarter profit and revenue that topped analysts' expectations.
- Dollar General CEO Todd Vasos said 65% of the company's stores are in "health deserts." It hired its first chief medical officer and aims to offer health care.
- Macy's said Wednesday the public will once again be able to line the streets of New York City to watch its annual Thanksgiving Day Parade live.
- At just 17 years old, Sukone Hong has realised his entrepreneurial dream by building not one but two businesses.
- Impossible Foods on Tuesday launched its meatless chicken nuggets in restaurants and announced plans to bring the new offering to supermarkets.
- Many restaurant companies created spinoff virtual brands to help rejuvenate their sales during the pandemic and capitalize on the boom in digital ordering.
- JD.com's founder and CEO Richard Liu is stepping back from day-to-day operations. Xu Lei will take up the newly-created role of president.
- Amazon is on a spending spree in its latest move to compete with FedEx and UPS. It's now shipping cargo for outside customers.
- Lands' End expects more supply chain challenges as the holiday season approaches, ultimately limiting profits in the back half of the year.
- Walmart said Thursday that it is raising the hourly wages for more than 565,000 store workers by at least $1.
- American Eagle on Thursday posted mixed fiscal second-quarter results.
- Five Below's stock was under pressure in premarket trading after the discount retailer's second-quarter revenue missed expectations.
- Burger King is taking its rewards program nationwide amid a broader push from the Restaurant Brands International chain to boost its U.S. business.
- The online pet retailer's stock was down more than 11% at one point in after-hours trading Wednesday.
- Sweetgreen co-founder and CEO Jonathan Neman wrote a LinkedIn post Tuesday connecting obesity to the ongoing pandemic, drawing backlash from social media users.
- 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.