1. Shopper & Customer

Gap reports another period of declining sales across all brands, warns of ‘uncertain consumer’

Written by Posted on Less than 0 min read

​[[“value”:”Gap reported mixed results on Thursday and underwhelming current-quarter guidance.”]] 

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. Channel: Specialty & Other

Best Buy doubles down on membership program as sales cool

​[[“value”:”The retailer wants to grow the subscription program, which has about 5.8 million members.”]]  View Original Article Best Buy 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. Corporate Strategy

Under Armour CEO Patrik Frisk to step down, interim chief will take over June 1

Under Armour said its president and chief executive officer, Patrik Frisk, will be stepping down, effective June 1. 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. Shopper & Customer

Retail sales rose more than expected in June as consumers remain resilient despite inflation

Advance retail sales were expected to increase 0.9% in June, according to Dow Jones estimates. View Original Article Consumers Economy Results & Investment 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 […]
< 1 min read
0
  1. Channel: Specialty & Other

Overstock.com will change website name to Bed Bath & Beyond as deal closes

​Overstock.com has completed its acquisition of Bed Bath & Beyond’s intellectual property and plans to move its website under Bed Bath’s domain.  View Original Article Acquisition Bed Bath & Beyond 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. Trends & External Forces

Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices

The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation. View Original Article Dept. Grocery Economy Predictions and Forecasts Shoppers Walmart 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. Channel: Ecommerce & Digital

From FedEx to airlines, companies are starting to lose their pricing power

​[[“value”:”Faced with weakening demand, price-sensitive consumers and easing inflation, some sectors are now forced to grow profits without the tailwind of price hikes.”]]  View Original Article Consumers Delivery 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 […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle tests automation for burrito bowls and salads

​[[“value”:”Chipotle Mexican Grill is testing a robot made with Hyphen technology that can assemble burrito bowls and salads.”]]  View Original Article Technology & Innovation Restaurants International - North America Tech: Robotics 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. Holiday & Events

That diamond in your Christmas stocking might have been grown in a lab

​Walmart and other companies are trying to tap into the growing popularity of lab-grown diamonds and other affordably priced jewelry. View Original Article Walmart 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 coverage and business content […]
< 1 min read
0
  1. Associates & Employees

Starbucks CEO Howard Schultz says he’s not anti-union, but his past tells a different story

Starbucks CEO Howard Schultz has a long history of opposing unions, dating back to his earliest days at the company. View Original Article Associates Executives Restaurants 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. Trends & External Forces

Nordstrom shares fall 10% as retailer warns of potential sales declines in 2024

The department store retailer said revenue for the year ahead will range from a 2% decline to a 1% gain compared with the previous year. View Original Article Predictions and Forecasts 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 & Retailers

Chipotle Mexican Grill to launch new spinoff, Farmesa Fresh Eatery, in a ghost kitchen

 [[“value”:”Farmesa marks Chipotle’s first spinoff attempt during CEO Brian Niccol’s tenure and will have a soft opening in late February.”]]  View Original Article International - North America Ghost Kitchen Dept. Fresh Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Channel: Restaurants

Sen. Bernie Sanders calls vote on possible subpoena for Starbucks CEO Howard Schultz over allegations of union-busting

​   ​     View Original Article Associates Executives Restaurants 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 month across all platforms. https://www.cnbc.com Do you like CNBC's articles? […]
< 1 min read
0
  1. Associates & Employees

Target employees at Virginia store file for union election amid a broader labor push at big companies

Target employees at a store in Virginia filed on Tuesday with the National Labor Relations Board for a union election. View Original Article Associates Target 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 […]
< 1 min read
0
  1. Data & Insights

Here are 6 stocks dominating the AI trade and 3 more that stand to benefit down the road

​We surveyed the current artificial intelligence landscape — and with the help of a Goldman Sachs note, explored the AI trade after the trade.  View Original Article AI Technology & Innovation Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Data & Insights

Why Walmart’s quick success in generative AI search should have Google worried

Walmart is talking up its ability to layer generative AI into search within its website for more customized shopping. Should Google be worried? View Original Article Walmart AI Technology & Innovation 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. Corporate Finance

3 takeaways from our daily meeting: Dow stocks, mixed tech results, earnings ahead

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article Economy Results & Investment Technology & Innovation 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 […]
< 1 min read
0
  1. Channel: Restaurants

Mediterranean restaurant chain Cava files for IPO as revenue climbs

​[[“value”:”The Mediterranean restaurant chain Cava plans to trade on the New York Stock Exchange using the ticker CAVA.”]]  View Original Article Restaurants Results & Investment Start Ups 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 […]
< 1 min read
0
  1. Partnerships & Alt Profit

LeBron James’ business partner Rich Paul unveils new sportswear brand with New Balance

 [[“value”:”Klutch Athletics says its mission is to provide all athletes with high-quality training apparel and empower them throughout their sports journey.”]]  View Original Article Partnerships Dept. Apparel 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 […]
< 1 min read
0
  1. Channel: Grocery

Aldi is getting bigger. Here’s why the no-frills German grocer is looking to the Southern U.S. for growth

​[[“value”:”The German retailer Aldi announced this week it plans to acquire Winn-Dixie and Harveys Supermarket.”]]  View Original Article Acquisition Aldi Regional Grocery Southeastern Grocers 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. Channel: Restaurants

McDonald’s aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027

​ ​ After 2024, McDonald’s is targeting systemwide sales growth of 2.5% in constant currency. View Original Article Marketing: Loyalty & Subscription Predictions and Forecasts Restaurants 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
Next