Retail
Nike pops on earnings and revenue beat; North America returns to growth
Global sneaker giant Nike (NKE) reported above consensus earnings and revenue numbers for the fourth quarter, surpassing the management’s expectation…
Coffee Bean & Tea Leaf plans to open 100 stores in New York
It’s been hardly a week since Starbucks (SBUX) announced that it's planning to close 150 under-performing stores across the US…
Chipotle changes its strategy with store closures and a new menu
Chipotle Mexican Grill (CMG) is all set to make some much-needed strategic changes. These include store closures, a menu revamp…
Kroger customers, your grocery delivery is coming in robo-cars
The automation fad is catching up fast in the retail sector where the leading players keep on innovating to fight…
Starbucks CFO announces retirement
Starbucks Corporation (SBUX) announced the retirement of its Executive Vice President and Chief Financial Officer, Scott Maw, effective November 30,…
Bed Bath & Beyond Q1 comps dip, reports in line earnings
The US home decor retailer Bed Bath & Beyond (BBBY) reported a beat on the top line results, while posted…
Rite Aid swings to profit in Q1 on one-time gains
Drugstore chain Rite Aid (RAD) swung to profit in the first quarter owing to one-time gains from the sale of…
Conagra revives takeover talks with Pinnacle Foods
Conagra Foods (CAG), which is busy reshuffling its brand portfolio, is said to have revived the takeover discussion with its…