Visits: 19 Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers’ C-suites to stop anytime soon. Already this year, Gap and Bed Bath & Beyond abruptly replaced …
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday
Visits: 20 Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Apple to slow down hiring — what this means for the market …
These are the 16 U.S. stores that Starbucks is set to close because of safety concerns
Visits: 22 In this article SBUX Starbucks will close 16 U.S. stores, mostly on the West Coast, by the end of July because of safety concerns, according to the company. Most of the stores set to close are in the …
Retail sales rose more than expected in June as consumers remain resilient despite inflation
Visits: 19 Consumer spending held up during June’s inflation surge, with retail sales rising slightly more than expected for the month amid rising prices across most categories, the Commerce Department reported Friday. Advance retail sales increased 1% for the month, …
Restaurants are short-staffed, and that’s taking a big toll on customers and workers alike
Visits: 24 A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. Olivier Douliery | AFP | Getty Images Jeff Rothenberg has grown accustomed to long wait times at restaurants, even when tables are visibly open. “Another …
Amazon had a record Prime Day. What Wall Street and the Club think about the numbers
Visits: 21 Amazon’ s (AMZN) two-day shopping extravaganza known as Prime Day generated record purchases, the company said Thursday, giving Wall Street analysts a chance to crunch the numbers and estimate the impact on Amazon’s financials for its third quarter. …
British fashion recognises ‘tastemaker’ behind Dazed & Confused magazine
Visits: 19 British fashion recognises ‘tastemaker’ behind Dazed & Confused magazine Jefferson Hack, who co-founded the influential 90s journal, has empowered raft of new designers, says industry “I don’t think there’s been a tougher time in fashion since I’ve been …
These pandemic snacking and drinking habits are here to stay, candy and booze companies say
Visits: 17 People visit the M&M store in Times Square on July in New York City. Spencer Platt | Getty Images The Covid-19 pandemic significantly changed consumer behavior from where they shopped to what they bought. That was felt throughout …
Kohl’s says its chief technology and supply chain officer is leaving
Visits: 31 In this article KSS People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s said its chief technology and supply chain officer, Paul Gaffney, is set to …
Amazon plans 4,000 more jobs in the UK this year, defying tech downturn
Visits: 20 In this article AMZN An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images Amazon announced Friday it would create more than 4,000 permanent jobs in the U.K. in 2022, defying a wave of job cuts in …