1. Channel: Restaurants

Starbucks U.S. sales climb as customers spend more on pricey drinks

Written by Posted on Less than 0 min read

Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion.

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. Acquisitions, Divestitures & Mergers

Fanatics to start livestreamed shopping of trading cards, collectibles

 The sports commerce giant’s aim is to merge the world of hobbyists and collectors via curated and personality-driven content and entertainment.  View Original Article Editor's Choice Marketing: Digital Media Mergers 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. Shopper & Customer

Macy’s CFO says the American consumer is still healthy, but lower-income shoppers could soon cut back

“We’re seeing oil prices escalate, which will only elevate the expenses around essential goods,” said Macy’s CFO Adrian Mitchell. View Original Article Dept. Fuel Executives Consumers 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 and business content […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas terminates Ye partnership, Gap removes Yeezy items over rapper’s antisemitic remarks

Adidas giant had faced pressure from the public and its own employees to cut ties with Ye over a series of offensive comments. View Original Article Associates Dept. Apparel Partnerships 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. CPG: Beverage

Coca-Cola earnings beat estimates, fueled by price hikes and higher demand

[[“value”:”Coke’s stock has risen less than 1% in 2023, and the company has a market value of $277 billion.”]]  View Original Article Coca Cola 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 […]
< 1 min read
0
  1. Uncategorized

Cramer says investors selling Humana are creating an opportunity

​[[“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. Shopper & Customer

Uncertainty clouds holiday shopping for consumers as inflation takes a toll

To combat higher prices, shoppers plan to make fewer purchases and at a discount this holiday season. View Original Article Consumers Economy Shoppers 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 consumed […]
< 1 min read
0
  1. Associates & Employees

Since June, Feds have seized nearly $1 billion in goods tied to forced labor

[[“value”:”Companies are losing millions of dollars while their goods remain in custody at ports.”]]  View Original Article Associates 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 […]
< 1 min read
0
  1. Channel: Mass

Target looks to massive solar panels in a California parking lot as a green model to power its stores

One of the retailer’s California locations will become its most sustainable store and it may be turned into a new model to power locations across the country. View Original Article Target Sustainability Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Media & Marketing

How Urban Outfitters’ Nuuly is outsmarting Rent the Runway

​ ​ [[“value”:”Since launching in 2019, Nuuly, a clothing rental subscription service by Urban Outfitters Inc., is growing quickly.”]] ​[[“value”:”Since launching in 2019, Nuuly, a clothing rental subscription service by Urban Outfitters Inc., is growing quickly.”]]  View Original Article Marketing: Loyalty & Subscription Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the […]
< 1 min read
0
  1. Trends & External Forces

The fight over a bill targeting credit card fees pits payment companies against retailers

​[[“value”:”Bipartisan support for the Credit Card Competition Act has surged since it was introduced last year.”]]  View Original Article Competition 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. Channel: Club

Costco sales did not clear the high bar, but other financials move in the right direction

The quarter wasn’t thesis-changing to the powerful Costco business model that excels in all seasons. 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. Corporate Finance

Peloton ex-CEO John Foley sells $50 million in stock to Michael Dell’s investment firm

Peloton co-founder and ex-CEO John Foley has sold about $50 million in stock to an investment firm backed by Michael Dell, MSD Partners. View Original Article Executives Partnerships 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 […]
< 1 min read
0
  1. Holiday & Events

Bed Bath & Beyond says it will share its comeback strategy next week

The troubled home goods retailer is coping with slowing sales and dwindling cash as it prepares for the holiday season. View Original Article Bed Bath & Beyond Dept. Nonfood Holiday & Events Strategy 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. Trends & External Forces

National Restaurant Association asks Congress for more grant money as omicron hits industry

The National Restaurant Association is asking Congress to replenish the Restaurant Revitalization Fund as the omicron variant hits operators’ businesses. View Original Article Government COVID19 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. Agencies & Vendors

Retailers like Peloton and Saks keep paying vendors late, signaling possible ‘financial distress’

Over the last year, Peloton, Saks, Express and Bath & Body Works have often failed to pay vendors on time, a sign they could be struggling to manage cash flows. View Original Article Vendors Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Corporate Finance

British retailer Currys drops 10% after U.S. investment firm Elliott pulls out of takeover race

Elliott Investment Management said Monday it had decided not to make a takeover bid for British electrical retailer Currys after repeatedly being rejected. View Original Article International - UK 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 […]
< 1 min read
0
  1. Uncategorized

Stocks making the biggest moves after hours: Lennar, Williams-Sonoma and more

Check out the stocks making moves in after-hours trading on Wednesday, March 16. 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 Strategy

Kentucky Derby owner Churchill Downs moves away from online gambling, doubles down on horse betting

Churchill Downs says it is switching its strategy because online sports betting became too costly. View Original Article 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 per […]
< 1 min read
0
  1. Department: Consumer Durables

Online marketplace StockX hits back at Nike over claims of counterfeit shoe sales

StockX, in a response to Nike’s allegations, defended its anti-counterfeiting measures and said Nike itself had previously praised them. View Original Article Dept. Apparel Legal & Criminal Recommerce 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

Cramer says TJX Companies, Palo Alto Networks are buys at current levels

​ ​  ​[[“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
Next