- Peloton has been in the middle of a turnaround and Greenlight Capital's David Einhorn thinks the stock is significantly undervalued.
- Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.
- Roughly a fifth of McDonald's U.S. restaurants are not selling Quarter Pounder burgers at this time.
- The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
- Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.
- Some analysts see the stock's decline as a buying opportunity, while others have moved to the sidelines following the news.
- Spirit Halloween must strategically execute its real estate operations to open its more than 1,500 pop-up stores each year.
- Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.
- The CDC said an E. coli outbreak linked to McDonald's Quarter Pounder burgers has led to 10 hospitalizations and one death.
- The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.
- Bernstein initiated coverage of the retail giant with a buy-equivalent rating.
- Peloton has been working to grow sales and stem its losses and has had to work harder to accomplish both of those goals as customer acquisition costs rise.
- Walmart will start delivering medications in six states, but plans to offer prescription delivery in nearly every state by the end of January.
- Nearly a tenth of U.S. restaurants have "sweet and spicy" menu items, according to Datassential.
- Nike will be the exclusive uniform provider for the NBA and WNBA for another 12 years after the leagues extended their contract with the sneaker giant.
- Americans tend to overspend during the holiday shopping season and this year will be no different, experts say.
- McDonald's said it is not endorsing a presidential candidate after Trump's visit to one of its restaurants.
- The Chick-fil-A Play app will launch on Nov. 18 with content aimed at families with kids aged 12 and under.
- It can be difficult and costly to avoid trashing your old mattress in a landfill.
- A deal-hunting mindset, volatile weather and election distraction could influence holiday spending this year.
- In his first week on the job, CEO Brian Niccol said improving the company's branding was one of his four priorities to turn around the U.S. business.
- The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand.
- Procter & Gamble said volume fell in its Greater China market despite the earnings beat.
- David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.
- As football stadiums are increasingly being used for concert venues, storm shelters and community events, the impact could be severe for the economy.
- The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
- Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.
- Retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.
- TJX Companies has worked to shift its brand’s image as a discounter to a fashion-forward retailer.
- Tom Brady, the seven-time Super Bowl champion, will own 10% of the Las Vegas Raiders along with his business partner.
- 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.