1. Associates & Employees

Dozens of former employees plan to sue Bowlero alleging discrimination after EEOC closes case, lawyer says

Written by Posted on Less than 0 min read

Dozens of former employees plan to sue Bowlero for discrimination and retaliation after the EEOC declined to bring a lawsuit against the company.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Holiday & Events

Krispy Kreme reports first quarterly profit since going public, fueled by strong holiday sales

Krispy Kreme reported its first quarterly profit since going public again but fell short of Wall Street’s expectations for its earnings. View Original Article Results & Investment Economy Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Partnerships & Alt Profit

Adidas warns of first annual loss in three decades and cuts dividend after Ye split

​   ​  [[“value”:”Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kanye West’s Yeezy brand in October.”]]    View Original Article Dept. Apparel Partnerships Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Uncategorized

Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

Shares of Zara owner Inditex rose to an all-time high Wednesday after the company announced its full-year 2023 results. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Channel: Club

Club meeting recap: Cramer says investors should find safety in defensive stocks like Costco

​   ​  [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]    View Original Article Costco CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Trends & External Forces

More Americans tapping buy now, pay later for holiday gifts shows ‘how stressed the economy is,’ Harvard researcher says

KEY POINTS With prices near historic highs, more consumers are leaning on buy now, pay later to afford their holiday shopping. “It means a merry Christmas, but in the long run for many will hurt their credit,” says Marshall Lux, a fellow at the Harvard Kennedy School. Americans are increasingly finding alternative ways to satisfy […]
2 min read
0
5
  1. Acquisitions, Divestitures & Mergers

FTC sues to block Coach parent Tapestry’s acquisition of Capri Holdings

The FTC argued the combination of Tapesty and Capri would hurt consumers and workers. View Original Article Acquisition Associates Consumers Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Corporate Strategy

We’re debating our next steps on Estee Lauder as the CEO struggles to turn things around

​ ​  ​[[“value”:”We’re growing less optimistic about Estee Lauder CEO Fabrizio Freda’s ability to right the ship. We’re not alone.”]]  View Original Article Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Department: Consumer Durables

Hasbro keeps expectations low for the start of 2023, but sees turnaround coming

​   ​   Hasbro reported disappointing holiday sales, which it had anticipated given slowing consumer demand.  View Original Article Consumers Holiday & Events Dept. Toys & Games CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Shopper & Customer

TJX Cos. raises guidance again, says it expects a strong holiday as shoppers hunt for deals

​ ​  ​[[“value”:”TJX Cos. raised its full-year guidance again and said it’s expecting a strong holiday as inflation-weary consumers continue to flock to its stores.”]]  View Original Article Consumers Brick and Mortar Economy Shoppers Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Coach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion

​The deal would create an American fashion giant that brings Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo and Michael Kors under one house.  View Original Article Dept. Apparel Acquisition CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Technology & Innovation

Google Cloud launches new generative AI tools for retailers

​[[“value”:”The suite of new products includes a generative AI-powered chatbot that retailers can integrate into their websites and mobile apps.”]]  View Original Article AI Marketing: Voice Technology & Innovation Dept. Nonfood Google CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Trends & External Forces

Bath & Body Works shares fall as retailer cuts profit outlook due to inflation

Bath & Body Works cut its profit outlook for the year, in part due to expected increases in inflationary pressures. View Original Article Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Uncategorized

NBA Commissioner Adam Silver speaks out against Kyrie Irving’s antisemitic post

In a statement, Silver called the decision to post the video “reckless” and said he will be meeting with Irving in person next week to discuss the situation. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Channel: Drug

Walgreens slashes earnings guidance due to lower consumer spending, drop in Covid care demand

​CEO Rosalind Brewer said Walgreens will increase its cost-cutting program to $4.1 billion and take action to increase profitability in the health-care segment. View Original Article Consumers Health & Wellness COVID19 Editor's Choice Walgreens Results & Investment Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Channel: Restaurants

Burger King invests another $300 million to remodel restaurants

The restaurant company is planning to spend $2.2 billion to revive Burger King’s U.S. business. View Original Article Restaurants Strategy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Department: Consumer Durables

Abercrombie & Fitch beats holiday estimates as sales soar again, helped by higher prices

Abercrombie & Fitch has been on a rollercoaster of growth over the last year and Wall Street will be keen to see if it can sustain the momentum. View Original Article Economy Dept. Apparel Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon touts ‘biggest ever’ Prime Day as U.S. online sales surge to $12.7 billion

KEY POINTS Online spending in the U.S. climbed 6.1% to $12.7 billion during Amazon’s Prime Day promotion, according to Adobe Analytics, as deal-hungry consumers snapped up home goods and household essentials. Amazon called the event its “biggest ever” Prime Day, with shoppers buying more than 375 million items worldwide over two days, up from 300 million […]
2 min read
0
5
  1. CPG: Food

Mars, accused of using child labor in its supply chain, says it aims to end the practice

​ ​  ​[[“value”:”Children in Ghana are harvesting cocoa used in Mars’ M&M’s and Snickers, according to a CBS News report.”]]  View Original Article Associates Operations & Supply Chain Mars Inc. CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Uncategorized

Peloton quietly drops unlimited free app membership because it failed to bring in paid subscribers

Peloton debuted an unlimited free membership option for its app last year in a bid to win over new customers, but the company quietly ended the initiative. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Corporate Finance

What Home Depot’s billion-dollar pay raise may help prove about workers

​ ​[[“value”:”Home Depot’s $1 billion investment in wages as sales slow took Wall Street by surprise, but paying workers more can pay off for big companies.”]]  View Original Article Associates Results & Investment Economy Home Depot CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
Next