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Latest News and Analysis: Retail

2019-08-18, 19:35

The often-hated open floor plan gets a new savior: The office pod In recent years, pods have been embraced in offices across the nation. They provide a quiet space for office workers to conduct important phone calls...
2019-08-18, 13:16

Macy's teams up with Google to help run its warehouses One way Macy's is trying to improve its business stems from the work it's doing on the back end, at its more than a dozen fulfillment cente...
2019-08-16, 22:00

Cramer: Retail is getting hammered, but it's an opportunity to buy Revolve Revolve Group is "part of the reason why Macy's is getting obliterated ... disrupting what's left of the department stores, and it is worki...
2019-08-16, 22:00

This is what's behind Walmart's staying power that could outmaneuver Amazon For 20 years Walmart has struggled to pull its online act together while Amazon.com seized nearly half of the US online shopping market. But Walmart&...
2019-08-16, 22:00

Trade war is turning China's local manufacturers to the domestic market, says tech giant Chinese e-commerce giant JD.com sees a business opportunity in factories that have been affected by trade tensions between the world's two large...
2019-08-14, 12:32

Retail stocks surge after tariffs for clothing, footwear delayed Shares of retailers jumped Tuesday after the United States Trade Representative announced it was delaying proposed tariffs on clothing, footwear and ...
2019-08-13, 17:32

Taco Bell-parent Yum Brands' CEO Greg Creed to retire, to be replaced by David Gibbs Taco Bell's parent company Yum Brands on Monday said David Gibbs has been tapped as CEO, effective Jan. 1, 2020. Gibbs will be succeeding Greg C...
2019-08-13, 07:00

Versace, Givenchy and Coach say sorry over Chinese T-shirt anger American fashion brand Coach, French label Givenchy and Italian luxury brand Versace have been boycotted by some Chinese social media stars for sugge...
2019-08-12, 14:32

5 things to know before the stock market opens Monday Dow set to drop, 10-year yield back under 1.7%, Goldman lowers growth forecast, Hong Kong protests escalate, BlackRock buys major stake in Sports Ill...
2019-08-12, 14:32

Man in body armor and armed with rifle sparks panic at Walmart in Missouri An armed man who walked into a Walmart store in Missouri dressed in body armor and fatigues and was detained at gunpoint by an off-duty firefighter i...
2019-08-10, 01:00

5 things to know before the stock market opens Tuesday The Dow is set to bounce; China labeled a "currency manipulator"; mortgage rates hit November 2016 lows, ex-Fed chiefs call for independent central b...
2019-08-09, 14:32

Arizona Tea maker enters the cannabis market In another example of marijuana hitting the mass market, the maker of Arizona Tea is entering the market for vape pens and cannabis-infused gummies a...
2019-08-07, 17:32

The maker of Hush Puppies shoes is haunted by a water contamination crisis in its Michigan hometown Wolverine Worldwide is a $2.4 billion global corporation home to the Hush Puppies shoe brand – and a point of contention in its hometown. Decades-old...
2019-08-07, 17:32

Why Best Buy thrives in the US but died in the UK In the U.S., Best Buy is a rare success story in what has otherwise been a brutal past decade for many brick-and-mortar retailers. But in 2010, the c...
2019-08-06, 23:32

5 things to know before the stock market opens The Dow is set to bounce; China labeled a "currency manipulator"; mortgage rates hit November 2016 lows, ex-Fed chiefs call for independent central b...
2019-08-06, 16:32

Five apps you've never heard of that teens are using to shop E-commerce giants like Amazon and eBay top the chart of most-used retail apps, but a few you might not have heard of are quickly rising in the ranks....
2019-08-06, 16:32

Bullet-resistant backpacks have become another back-to-school staple Guard Dog Security's ProShield Scout backpacks are stocked for back-to-school season at Office Max and Office Depot stores and on the retailers&...
2019-08-06, 16:32

Shake Shack stock soars after reporting earnings beat, raising revenue forecast Shares of Shake Shack rose nearly 3% in extended trading on Monday, after the company reported second-quarter earnings that topped Wall Street's...
2019-08-06, 05:48

Victoria's Secret owner L Brands is losing its marketing chief Victoria's Secret owner L Brands is about to lose its chief marketing officer Edward Razek, who's pushed the retailer's sexy image as ...
2019-08-06, 05:48

The 90s are back. Here are the companies trying to cash in—and the ones that are failing For years, the fashion world has been riding a wave from the past. Young consumers are turning to the 90s for inspiration, leading to the revival of ...
2019-08-03, 16:32

Starbucks shares rise more than 6% on renewed momentum in the US and China Starbucks shares rose by more than 6% in early market trading today after a resounding earnings beat has analysts raising their estimates for the cof...
2019-07-31, 23:00

JC Penney is trying new things to stay afloat. But its stock is below $1, at risk of being delisted. J.C. Penney CEO Jill Soltau is doing what she can to keep the 117-year-old department store chain afloat, even as the retailer's shares trade be...
2019-07-31, 23:00

Starbucks ramps up US delivery with UberEats as Chinese delivery booms As Starbucks ramps up its U.S. delivery program, the global coffee chain is looking to China — its second-largest market — as an example of how deliv...
2019-07-31, 23:00

Diet bars with plus-size orders, 'fake news' shorts: Here's why Forever 21 is forever controversial The fast-fashion retailer is prone to controversy because of a lack of sufficient product review and because of the risks it's willing to take, ...
2019-07-31, 23:00

Flyfishing and kayaking trips help L.L. Bean, Orvis sell more gear and attract more customers Outdoor retail brands are beefing up their adventure programs and branded trips to create new customers and deepen relationships with existing ones b...
2019-07-31, 23:00

Under Armour's North America problem hasn't gone away Under Armour's mixed earnings results on Tuesday called attention to the fact that the brand continues to fight to win more shoppers on its home...
2019-07-31, 23:00

Gap's newest ad campaign attempts to clarify its identity ahead of the Old Navy spinoff Gap's newest ad campaign is a step to focus the retailer's identity, ahead of plans to spin off Old Navy into a separate, publicly traded c...
2019-07-31, 23:00

Procter & Gamble writes down Gillette business but remains confident in its future Despite Procter & Gamble's write-down of its Gillette shaving business, executives said they remain confident about the future of the grooming c...
2019-07-31, 23:00

Chipotle's stock hits all-time high after earnings top estimates, raises sales forecast Chipotle Mexican Grill on Tuesday reported that its digital sales nearly doubled during its second quarter, fueling earnings that beat analysts'...
2019-07-24, 01:00

Coca-Cola, PepsiCo break ties with plastic lobbying group amid mounting scrutiny over pollution The beverage giants join other companies like Clorox, Becton Dickinson and Ecolab, which ended memberships with the Plastics Industry Association las...
2019-07-24, 01:00

Nike 'Waffle Shoe' sells for $475,500, becoming the most expensive sneakers ever auctioned The sneakers were purchased by Canadian entrepreneur Miles Nadal, and were part of a collection of 100 of the rarest sneakers ever made that was bein...
2019-07-24, 01:00

Chipotle teases carne asada and other potential new menu items Chipotle Mexican Grill teased potential new menu items on its earnings call Tuesday as the chain continues to impress investors under CEO Brian Nicco...
2019-07-24, 01:00

Kids clothing retailer Rockets of Awesome nabs former Walmart e-commerce exec for SVP role At Rockets of Awesome, Turner will be a senior vice president responsible for digital and marketing. He'll report to founder Rachel Blumenthal, ...
2019-07-23, 00:48

Retail stores get a bad rap, as closures pile up. But here's how stores boost online sales A new survey from the International Council of Shopping Centers shows bricks-and-mortar stores clearly offer a boost to online sales, and vice versa....
2019-07-23, 00:48

Home Depot CFO reveals the one millennial homeowner habit that is 'music to our ears' "They've told us through our research, 'We want to work on our house because we think it's a good investment,'" Home Depot CFO Ca...
2019-07-23, 00:48

JC Penney: We haven't hired advisors 'to prepare for an in-court restructuring or bankruptcy' J.C. Penney on Friday afternoon issued a statement responding to a report that the embattled department store chain had hired advisers to explore deb...
2019-07-19, 23:00

Missed Amazon Prime Day? You can still find the best back-to-school deals Back-to-school spending this year is forecast to top $80 billion with American families spending between $700 and $1,000 dollars on students. Amazon ...
2019-07-19, 18:32

Business groups slam House for passing $15 minimum wage bill Business advocacy organizations sharply criticized the House of Representatives for passing a bill to raise the minimum wage to $15, saying it would ...
2019-07-18, 22:32

Dressbarn to close 53 stores in August, saying the wind down of the business is 'on target' Ascena on Thursday said the winding down of its Dressbarn business is on target amid chatter the business would be forced to file for bankruptcy to b...
2019-07-18, 22:32

Amazon asked some advertisers to increase spend on Prime Day by at least 100% Amazon Prime Day 2019 is an opportunity for Amazon to push companies to spend more on ads, some experts told CNBC. Amazon made $2.72 billion in its "...
2019-07-15, 19:32

These are the best places to launch a small business in America CNBC's 2019 America's Top States for Business study reveals the places that foster an entrepreneurial ecosystem have a good regulatory envi...
2019-07-15, 19:32

Fear missing out? Amazon knows it—and uses it to make Prime Day sales Amazon's marketing for its annual Prime Day plays on our fear of missing out on deals and discounts. Experts weigh in on the consumer psychology...
2019-07-14, 15:48

One-day shipping is now the norm for most Prime Day items. Here's what happens when you order. One-day shipping is now the norm for Amazon's 100 million Prime members. To succeed, Amazon spends tens of billions of dollars a year and employ...
2019-07-13, 23:48

Fred's closes 129 additional stores and holds clearance sales Discount retailer Fred's said Friday it will close another 129 stores and hold inventory clearance sales as the company works to repay its debt ...
2019-07-12, 16:48

American Eagle Outfitters is following rival Abercrombie & Fitch by getting into the CBD business Teen apparel retailer American Eagle Outfitters is following in rival Abercrombie & Fitch's footsteps by getting into the booming CBD business a...
2019-07-11, 14:48

America's 10 most expensive states to live in 2019 These states are the most expensive places to live in America, according to CNBC's 2019 Top States for Business study released Wednesday. CNBC s...
2019-07-10, 17:00

McDonald's US franchisees ask for a Southern-style chicken sandwich to compete with Chick-fil-A McDonald's U.S. franchisees want a chicken sandwich to rival Chick-fil-A's as the Southern chain's threat to their business continues ...
2019-07-10, 17:00

Cramer: Four stocks are putting up a fight against Amazon in retail "In a retail environment dominated by a handful of players ... there are smaller operators that we have found ways to like and win with," Jim Cramer ...
2019-07-10, 05:00

Burger King adds $1 tacos to its menu for a limited time Burger King announced today that it is offering $1 tacos nationwide for a limited time. The chain had also previously served tacos on its menu around...
2019-07-09, 18:16

PepsiCo earnings top estimates on strong snack and beverage sales, backs 2019 forecast PepsiCo's second-quarter earnings topped estimates, as healthier snacks and sparkling water helped fuel sales growth and offset a drag from fore...
2019-07-09, 14:00

Adidas' social media campaign backfires, sending out anti-Semitic tweets A social media campaign celebrating Adidas' new gear for the Arsenal soccer team in London went awry Monday, with the retailer sending out anti-...
2019-07-03, 00:32

Kim Kardashian is renaming her 'Kimono' company after causing an uproar Reality TV star Kim Kardashian said she's going to change the name of her new "Kimono" brand venture after causing an uproar and drawing accusat...
2019-07-01, 21:32

Corona brewer CEO says 'We'd always be ready' if Trump levies tariffs on Mexican beer Constellation Brands CEO Bill Newlands said Friday that the brewer of Corona and Modelo would be ready if President Donald Trump put tariffs on Mexic...
2019-06-28, 23:48

Nike misses on earnings, but beats on revenues as customers buy more sneakers and sports gear Nike sold more sneakers and gear during the fiscal fourth quarter than Wall Street expected, helping to boost revenues by 4% to just over $10 billion...
2019-06-27, 23:32

JetBlue sues Walmart for trademark infringement over Jetblack service JetBlue Airways has sued Walmart for trademark infringement, after the world's largest retailer began using the name Jetblack for its text-based...
2019-06-27, 22:32

Home Depot CEO says company hopes to cut costs to reduce impact of tariffs on consumer prices Home Depot CEO Craig Menear said the company aims to minimize any impact that potential tariffs will have on customers by cutting costs elsewhere in ...
2019-06-27, 22:32

How to future-proof companies and CEOs: Highlights from CNBC Evolve CNBC recently held Evolve in New York City. Among the highlights: Best Buy chairman Hubert Joly on the secrets to his amazing retail turnaround and T...
2019-06-22, 07:48

Elon Musk's flamethrower incenses New York lawmakers. State Senate passes bill banning the weapon The New York State Senate passed a bill to make possession of a flamethrower for recreational use a crime, specifically calling out Elon Musk and the...
2019-06-21, 18:16

YouTube rolls out augmented reality for viewers to virtually try on makeup YouTube will allow viewers to virtually try on makeup using an augmented reality program called AR Beauty Try-On. MAC Cosmetics is the first company ...
2019-06-20, 22:48

I tried out a vegetarian diet for 21 days. Here's what I learnt about the growing meatless movement. Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whet...
2019-06-20, 08:16

Target CEO Brian Cornell reiterates forecast, apologizes to customers for weekend outages Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers ...
2019-06-19, 15:16

How the trade war with China could crush California's $2.7 trillion economy and hurt other states The impact of the U.S.-China trade war is greatest in states that export agricultural products, electronics and chemicals directly to China. Californ...
2019-06-18, 18:32

US companies' message to Trump: Don't expand China tariffs Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squeeze profits, and leave U.S. ...
2019-06-17, 17:32

Target's stock drops after weekend register meltdown Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other so...
2019-06-17, 17:32

MGA Entertainment CEO says Mattel will be bankrupt 'within a year or so' after takeover bid rejected MGA Entertainment CEO Isaac Larian said toymaker Mattel will be bankrupt "shortly, within a year or so" after the rival company rejected MGA's t...
2019-06-14, 03:48

Jim Cramer reviews which retail stocks are working and which you should stay away from "There's a market for high-end luxury goods and low-end mass market merchandise, but right now there's not much space in between," the "Mad...
2019-06-14, 03:48

Cramer: Shares of Michael Kors' parent company are cheap — go with the bulls The Michael Kors parent held an analyst meeting earlier this week in which management laid out its growth plans, but it yielded conflicting opinions ...
2019-06-14, 03:48

PetSmart's online business, Chewy.com, prices IPO at $22 a share, above expected range Following the IPO, PetSmart will remain majority owner of Chewy. It will use proceeds from the offering for working capital and general corporate pur...
2019-06-14, 03:48

Retailers and restaurants flex online muscle, showing stores can be a strength against Amazon A number of retailers, like Lululemon and Best Buy, and restaurants over the past few weeks have reported explosive growth of e-commerce sales, helpe...
2019-06-13, 20:48

Jet.com President Simon Belsham to step down as Walmart eliminates role, further integrates with Jet Walmart also announced that Jet.com team leaders will now report to Kieran Shanahan, who's been overseeing Walmart's food, consumables and ...
2019-06-12, 23:48

Howard Schultz sticks with political advisor Schmidt despite taking the summer off from politics Both Schultz and Schmidt, who was a visible and vocal critic of President Donald Trump's, have largely disappeared from the airwaves over the pa...
2019-06-12, 23:48

Gary Vaynerchuk: I've seen this side hustle generate up to $100,000 for kids in debt Gary Vaynerchuk, serial entrepreneur turned social media mogul, may be worth $160 million but he still loves a good side hustle. He has witnesses a g...
2019-06-12, 07:32

LaCroix parent company's stock falls to multiyear low following lawsuit Shares of National Beverage hit their lowest point since 2016 after a former employee filed a lawsuit alleging he was fired after objecting to a plan...
2019-06-12, 07:32

Starbucks is testing a reusable cup program at London's Gatwick Airport Starbucks is launching a reusable cup program at London's Gatwick Airport to offer customers free reusable cups they can drop off throughout the...
2019-06-10, 20:48

Walmart will save $30 million by putting new step stools in its warehouses CEO Doug McMillon said Walmart will save at least $30 million this year by putting lighter-weight step stools in its distribution centers for workers...
2019-06-07, 18:48

Elliott Management to acquire Barnes & Noble for $683 million Billionaire Paul Singer's firm already owns Britain's biggest bookseller, Waterstones. Adding Barnes & Noble could give Elliott buying leve...
2019-06-07, 13:32

Elliott Management reportedly in lead to acquire bookseller Barnes & Noble The retailer said last year it was exploring a sale after having received "expressions of interest" from "multiple parties," including its chairman, ...
2019-06-06, 22:32

Stitch Fix CEO says it's getting better at finding the most valuable customers for its service Shares of Stitch Fix rose nearly 15% Thursday after the online personal styling company reported Wednesday that it beat earnings and sales expectatio...
2019-06-06, 22:32

This statistic is a key reason why Walmart, Target and Costco are thriving Walmart, Target, Costco and America's dollar stores are thriving today, while other retailers flounder. A look at why by retail analysts at Bank...
2019-06-05, 21:32

Apparel retailers Canada Goose, Abercrombie & Fitch and others are getting whacked A handful of poor earnings reports and the threat of 25% tariffs on clothing imported from China is causing some retailers' stocks to take a bea...
2019-05-29, 20:32

Canada Goose shares are cratering more than 25% on the luxury coat maker's weak sales outlook Canada Goose shares are falling after the high-end coat maker missed quarterly sales estimates and said it expects slower sales growth in the coming ...
2019-05-29, 18:48

Family-run Latin food giant Goya weighs possible $3 billion sale Goya, one of the most iconic names in Latin American cuisine, has hired investment bank Goldman Sachs to weigh options that could include a sale of t...
2019-05-29, 18:48

Abercrombie & Fitch CEO says smaller stores are the future (as it closes 3 of its largest stores) While Abercrombie & Fitch is planning to close three more of its flagship retail locations, it's opening additional smaller-format stores in a b...
2019-05-29, 18:48

Foot Locker is kicked to the curb, and one technical analyst says it's on track for new lows Foot Locker got roughed up last week. Charts suggest it could see short-lived relief, but beware a fake rally, says Piper Jaffray's Craig Johnso...
2019-05-28, 19:16

Casper, Kylie Jenner's billion-dollar mattress, could be an IPO market sleeper Over 800,000 Instagram likes from Kylie Jenner's followers does not alone make mattress start-up Casper worth billions, but recent hot performan...
2019-05-26, 17:16

Elizabeth Warren and AOC target Treasury Secretary Mnuchin over Sears bankruptcy In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO...
2019-05-23, 18:32

Lowe's tumbles as earnings fall short and forecast cut as higher costs weigh on results Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the ye...
2019-05-22, 13:00

Dressbarn is about to close 650 stores — here's a map of these locations As shopping has shifted online and styles have evolved, Ascena has been grappling with sagging sales and a large debt-load. Looking to stem the losse...
2019-05-21, 21:01

Nike's 'inclusive' image at risk if it fails women athletes, brand experts say Olympic athlete Alysia Montano said when she told then sponsor Nike she wanted to have a baby during her career, the sports giant told her it would p...
2019-05-21, 16:32

Here's how we're different from Starbucks, says CFO of China's Luckin Coffee on IPO day The CFO China's Luckin Coffee says the tech-based beverage company's business model is setting itself apart from U.S. coffee giant Starbuck...
2019-05-21, 16:32

Walmart gives a first look at its sprawling new home office in Bentonville Walmart is one step closer to moving into a new home office for more than 14,000 people, which will be outfitted with fitness centers for employees a...
2019-05-21, 16:32

Men are a multibillion dollar growth opportunity for the beauty industry The men's personal care industry is predicted to hit $166 billion by 2022, according to Allied Market Research. Last year, men's skin-care ...
2019-05-21, 16:32

Kohl's lands deal with Fanatics to sell its licensed sports gear online Kohl's has signed a deal with Fanatics to sell a wide selection of items from the licensed sports retailer, including NFL jerseys and NBA T-shir...
2019-05-21, 16:32

Dozens of shoe retailers, including Nike and Adidas, sign letter to Trump urging a halt to tariffs More than 170 shoe retailers have penned a letter to the White House asking President Donald Trump to consider a halt to tariff increases on footwear...
2019-05-21, 16:32

Nordstrom's massive department store for women set to open this October in New York Nordstrom has chosen Oct. 24 for the grand opening of its women's store in New York, the largest single-project investment in the company's...
2019-05-21, 16:32