1. Channel: Restaurants

New Starbucks CEO Laxman Narasimhan takes over nearly two weeks earlier than expected

Written by Posted on Less than 0 min read

​  
​  [[“value”:”Starbucks’ board announced Laxman Narasimhan as Howard Schultz’s latest successor in September.”]] 

 

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. ESG

Etsy stock falls after company lays off 11% of its staff, citing ‘very challenging’ environment

​[[“value”:”Etsy is laying off 11% of its workforce and restructuring its business amid a “very challenging” macro and competitive environment.”]]  View Original Article Associates Sustainability 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 […]
< 1 min read
0
  1. Channel: Club

Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimates

Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the big-box retailer. 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 […]
< 1 min read
0
  1. Uncategorized

Marlboro maker Altria agrees to buy e-cigarette startup NJOY for nearly $2.8 billion

​   ​  Altria’s deal to buy NJOY comes after the Marlboro maker exited its position in Juul Labs.    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 million […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas will sell existing Yeezy items, donate some revenues

​[[“value”:”Adidas ended its partnership with Ye, formerly known as Kanye West, after he made a string of hateful and antisemitic remarks.”]]  View Original Article Dept. Apparel Partnerships Philanthropy 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. Trends & External Forces

Estee Lauder catches a couple Wall Street endorsements but we’re still skeptical

Estee Lauder’s upgrades mask lingering concerns. 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 than 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's […]
< 1 min read
0
  1. Channel: Specialty & Other

Kohl’s calls on shareholders to reject activist Macellum’s proposal ahead of annual meeting

Kohl’s called activist investor Macellum’s board nominees an “unqualified slate.” 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 million people per month across all platforms. https://www.cnbc.com Do […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle to pay ex-employees $240,000 after closing Maine location that tried to unionize

​   ​  [[“value”:”Chipotle Mexican Grill has agreed to pay $240,000 to the former employees of an Augusta, Maine, location that tried to unionize.”]]    View Original Article Associates International - North America Restaurants Store Location 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. Trends & External Forces

Peloton shares are soaring on potential takeover talks. But here’s why a deal might not happen

Cowen & Co. analyst John Blackledge said a deal is unlikely for Peloton, given that the connected fitness company is still in the “early innings” of growth. View Original Article Health & Wellness 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. Department: Consumer Durables

What Nike’s earnings report tells us about 3 consumer stocks in our portfolio

A warning from Nike provides valuable insights for Club stocks Apple, Starbucks and TJX Companies. View Original Article Data & Insights Results & Investment Consumers Dept. Apparel 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 […]
< 1 min read
0
  1. Trends & External Forces

How NBA star Damian Lillard turned a common foot injury into a sneaker business

​ ​[[“value”:”Portland Trail Blazer Damian Lillard co-founded sneaker insole company Move after seeing the impact that good foot health could have on his NBA playing career.”]]  View Original Article Health & Wellness 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. Corporate Finance

P&G earnings top estimates as price hikes offset rising costs, company raises 2022 sales forecast

Shares of P&G have climbed 18% in the last 12 months, giving the company a market value of $387 billion. View Original Article Predictions and Forecasts 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 […]
< 1 min read
0
  1. Uncategorized

Jim Cramer’s Investing Club meeting Friday: Be selective buying in this market

 [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]  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 million people per month across all […]
< 1 min read
0
  1. Corporate Finance

Off-price retailer TJX’s quarterly results show strong demand. We’re unconcerned by a softer profit outlook

​   ​   TJX Companies (TJX) reported solid fiscal fourth-quarter 2023 results Wednesday, as stronger-than-expected sales highlighted robust consumer demand.  View Original Article Consumers 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 […]
< 1 min read
0
  1. Channel: Mass

Weight loss drugs boost sales at retail pharmacies, but they may not help profits much

​[[“value”:”Analysts said blockbuster weight loss drugs like Wegovy are minimally profitable for retailers like Walmart – and may even come with slight margin headwinds.”]]  View Original Article 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. Associates & Employees

Home Depot says it will spend $1 billion to give hourly workers a raise

​   ​   [[“value”:”Home Depot is the latest retailer to signal that the labor market is still tight.”]]  View Original Article Associates Home Depot 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. 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 Results & Investment Partnerships Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Trends & External Forces

How much are retailers losing to shrink and theft? In many cases, it’s not the main drag on profits

​[[“value”:”As more and more companies blame shrink and theft for lower profits, some are offering more clues than ever into how much it’s cutting into their bottom lines.”]]  View Original Article Legal & Criminal 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. Shopper & Customer

Stores and suppliers clash over price hikes as shoppers hit by sticker shock

Suppliers and retailers must walk a tightrope of keeping prices high enough to drive profits and low enough to attract and retain customers. View Original Article Brick and Mortar Shoppers 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

Mom and pop shops are cutting software spending, creating jitters on Wall Street

​ ​  ​[[“value”:”Software vendors that serve small and medium-sized businesses have gotten hammered by investors recently due to concerning forecasts”]]  View Original Article Economy Marketing: Social Media Technology & Innovation Vendors 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. Corporate Finance

Not a good buy: Rent the Runway, exactly one-year after IPO, is down nearly 90%

Rent the Runway became a force in fashion by renting designer clothes. Exactly one year after its IPO, the stock is down 90%, but its CEO is looking ahead. View Original Article Dept. Apparel Executives Results & Investment Start Ups CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
Next