Subway hunts for new CEO to fight multiple battles
Sandwich chain Subway said that CEO Suzanne Greco is leaving the corner office coming summer. Greco is leaving the firm...
Retail
Macy’s buys concept store to spice up shopping experience
The retail space has turned into a warzone, with alliances being formed everywhere to stay powerful and relevant in the...
Amazon lifts annual prime membership fee by $20
Just a week after Amazon disclosed the eye-catching number of its Amazon Prime membership, the e-commerce giant has decided to...
Walmart sells its struggling UK unit Asda to rival J Sainsbury
Given the changing dynamics of the retail industry, Walmart (WMT) is gearing up to take the lead over other retailers....
Lovin’ It: McDonald’s stock soars on upbeat first quarter
The burger giant McDonald’s Corp. (MCD) reported better-than-expected first-quarter results, helped by an increase in sales-driven franchised margin dollars and...
Starbucks earnings fail to impress investors; Stock remains in red
Coffee chain operator Starbucks (SBUX) reported an increase in its second-quarter profit, in line with expectations. However, the company’s shares...
Colgate-Palmolive shares fall on Q1 revenue miss
Consumer products company Colgate-Palmolive Co. (CL) witnessed a 3% decline in its shares during the premarket trading, after the company...
Amazon stock gains 7% after Q1 results crush street view
Amazon (AMZN) today said its first-quarter profit more-than-doubled as revenues rose sharply, supported by the cloud division, surpassing market expectations....
Chipotle shares surge as new CEO Brian Niccol lays out turnaround plan
After a series of food safety scandals, it looks like Chipotle (CMG) is finally celebrating its comeback, thanks to the...
eBay stock falls on lower earnings, downbeat outlook
Earnings of e-commerce giant eBay (EBAY) dropped sharply in the first quarter, despite an increase in revenues, even as it...
Domino’s sees healthy growth in first quarter
Domino’s Pizza Inc. (DPZ) reported a 25.8% growth in total revenues to $785 million for the first quarter of 2018....
With in-car delivery, Amazon takes smart shopping to the next level
All along its successful journey, a strategy that helped Amazon (AMZN) keep ahead of others in the increasingly competitive retail...
Can CEO Lampert save Sears?
There is no doubt that Sears Holdings (SHLD) is struggling to stay relevant. Now CEO Eddie Lampert is hoping to...
Diet Coke brings fizz back to Coca-Cola in Q1
Coca-Cola (KO) reported better-than-expected first quarter results before the opening bell today. Adjusted earnings came in at $0.47 per share,...
Walmart & Flipkart: a match made in retail heaven?
Walmart Inc. (WMT) is looking to acquire a majority stake in Indian e-commerce company Flipkart Online Services Pvt. for at...
Hoping to get a better slice of Domino’s this quarter
The last time Domino’s Pizza (DPZ) reported earnings, it was kind of a mixed bag. While the company managed to...
Hasbro’s Jenga tower gets toppled by Toys R Us, shares fall
Hasbro Inc. (HAS) reported a 16% decline in revenues to $716.3 million for the first quarter of 2018, due to...
Coca-Cola Earnings Preview: Will Coke get its fizz back?
Coca-Cola (KO) is expected to report its first-quarter results on April 24th before the bell. The beverage giant has its...
Home Depot goes on a hiring spree to survive in the Amazon era
As Amazon (AMZN) continues its diversification spree – from grocery delivery to pharma – one area that remained relatively unharmed...
Mattel chief steps down amidst challenges
Margaret Georgiadis, CEO of Mattel (MAT) — the troubled toymaker mostly known for the iconic Barbie dolls — has decided...
New day, new bankruptcy: Bon-Ton bids goodbye
The state of the retail sector and the increasing bankruptcies of popular retailers have been discussed at length in every...