Kroger raised the lower end of its annual sales forecast after topping quarterly results on Thursday, as its efforts to offer freshly sourced groceries at lower
September 12, 2024
Nordstrom's founding family has offered to take the department store chain private for $23 a share, teaming up with a Mexico-based retailer in its latest bid, a
September 04, 2024
Gap on Thursday surpassed Wall Street expectations for the second quarter, as a surprise early announcement of its results showed shoppers turned to its Old Navy and
August 29, 2024
CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from
August 20, 2024
India has become the next big bet for PepsiCo, Unilever and other packaged goods giants looking to fill the growth vacuum left by an uneven recovery in China.
August 09, 2024
The summer Olympics is turning out to be a rare win for Nike as the global sporting event has helped boost demand for the sportswear giant's new launches and edge
August 07, 2024Canada Goose beat Wall Street estimates for quarterly revenue on Thursday, benefiting from steady consumer demand in China for its puffer jackets and sweats, bucking
August 01, 2024
Coca-Cola raised its annual sales and profit forecasts on Tuesday, as the beverage maker expects to benefit from price hikes and an advertising blitz, mainly in
July 23, 2024
Macy's scrapped talks with an investor group comprising Arkhouse Management and Brigade Capital that had offered to acquire the
July 15, 2024
PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed
July 11, 2024
Procter & Gamble cut its annual profit forecast on Tuesday to reflect a writedown in the value of its Gillette business, but the company's ability to maintain
January 23, 2024
Nike's stock slumped 20% on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the
June 28, 2024
Nike is set to post its slowest revenue growth in two years when it reports fourth-quarter results on Thursday, due to a lack of innovation amid growing competition
June 25, 2024
Nike is projected to post its first quarterly revenue decline in nearly two years on Thursday, turning the spotlight on the slower-than-expected boost from its
April 26, 2024
Spirits exports rose 8% in 2023 to $2.2 billion, according to the Distilled Spirits Council of the United States, following the European Union's suspension of 25%
April 26, 2024
Coty beat Wall Street estimates for second-quarter revenue on Wednesday, powered by higher pricing and strong demand for its high-end Burberry and Gucci fragrances
April 26, 2024
Coca-Cola is set to record stronger sales and profit growth in the fourth quarter compared to PepsiCo as it lured more price-conscious consumers with fewer price
April 26, 2024
A strong margin recovery for consumer goods giants could face a setback as easing input costs after several quarters of biting inflation are offset by cautious
April 26, 2024
Upstart footwear brands such as On Holding and Hoka are grabbing more shelf space at retailers globally, competing with giants like Nike and Adidas as their catchy
April 26, 2024
Nordstrom missed Wall Street targets for third-quarter revenue on Tuesday, in a sign that sticky inflation pressured consumer spending in the months leading up to
April 26, 2024
Coty on Tuesday raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the CoverGirl parent's new
April 26, 2024
Coca-Cola Co on Tuesday raised its annual sales and profit forecasts for a second time this year, riding on resilient demand from consumers for its sodas, juices
July 02, 2024
Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy sweaters and coats as the critical holiday shopping period approaches,
April 26, 2024
Investors are scouring U.S. credit card spending patterns to size up which, if any, trends could give specialty retailers a boost in the summer months.
June 24, 2024
Nordstrom on Thursday warned of an uncertain economy and said consumers were resilient but selective, after the department store owner merely maintained its annual
June 16, 2024
Seal marks her 50th birthday at a sanctuary. Sheba may be the oldest in captivity
SAIC Volkswagen says adjusting plant base "necessary"
Low brow and vulgar? Micro dramas shake up China's film industry, aim for Hollywood
Heavy rain pounds northcentral Japan leaving 1 person dead and several others missing
Oktoberfest is open. The world’s largest folk festival begins after ceremonial keg-tapping
India's Manipur on high alert over influx of 900 militants from Myanmar
Harris campaign reports spending nearly three times as much as Trump in August
The Midwest could offer fall’s most electric foliage but leaf peepers elsewhere won’t miss out