Burberry shares sink 9% as luxury spending slowdown bites
Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong, China.Xaume Olleros ...
Tag: Retail industry
Target will report earnings before the bell. Here’s what to expect
A Target department store in North Miami Beach, Florida, on May 17, 2023.Joe Raedle | Getty ImagesTarget will report fiscal ...
Barbie who? Gen Alpha kids ‘obsessed’ with skin care could fuel holiday spending
Illustration by Elham AtaeiazarWhen Melissa Fuentes imagined the Christmas gifts she'd buy for her 9-year-old Tatiana, she figured she'd want ...
Food-delivery startup Wonder Group gets $100 million investment from Nestle
Food-delivery company Wonder Group has gotten a cash infusion from Nestle, as the startup looks to sell high-tech kitchen equipment ...
LVMH buys eyewear brand Barton Perreira as it looks to rebound from luxury slowdown
Barton Perreira sunglasses are displayed during 'A Good Time At Goodman's' held at Goodman's Men's Store in New York City.Astrid ...
Amazon unveils buy now, pay later option from Affirm for small business owners
Alain Jocard | AFP | Getty ImagesAmazon is unveiling its first buy now, pay later checkout option for the millions ...
Slow Pizza Hut sales in the U.S. weigh on Yum Brands’ revenue
Sign for the food brand Pizza Hut on 30th May 2022 in Birmingham, United Kingdom. (photo by Mike Kemp/In Pictures ...
McDonald’s is about to report earnings. Here’s what to expect
A McDonald's restaurant is seen in Belmont, California, on April 3, 2023.Tayfun Coskun | Anadolu Agency | Getty ImagesMcDonald's is ...
Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
Coca-Cola Co. and Pepsi Co. soda machines stand in a shopping center parking lot in Jasper, Indiana.Luke Sharrett | Bloomberg ...
Supermarket bank branches are closing 7 times faster than other locations
Customers at a Safeway store in San Francisco.Getty ImagesAmerican banks have been shuttering branches located within supermarket chains at a ...
