1. Shopper & Customer

Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last

Written by Posted on Less than 0 min read

​[[“value”:”Morgan Stanley sees a potential unwinding from these events, as well as the resumption of student loan payments, in the fourth quarter.”]] 

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. Trends & External Forces

Nike reports sales growth driven by North American demand, delays outlook amid global unrest

Nike said it will provide a more detailed outlook for fiscal 2023 when it reports fourth-quarter results. 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 coverage and business content consumed by more than […]
< 1 min read
0
  1. Channel: Specialty & Other

Best Buy warns of layoffs as it issues soft full-year guidance

Best Buy has been in a period of slower sales in part due to the strength of its sales during the pandemic. View Original Article Best Buy COVID19 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. Department: Consumer Durables

Nike stock surges after earnings and revenue top expectations

Nike reported fiscal second-quarter earnings after the bell Tuesday. View Original Article Results & Investment 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 consumed by more than 355 million people per month across […]
< 1 min read
0
  1. Corporate Finance

Alibaba shares rally 6% after massive earnings beat

​   ​     View Original Article 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 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's articles? […]
< 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. Corporate Strategy

Gap taps top Mattel executive to be its new CEO

​Richard Dickson, Mattel’s president and chief operating officer credited with reviving the Barbie franchise, was selected to be Gap’s new chief executive.  View Original Article Dept. Toys & Games 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 […]
< 1 min read
0
  1. Corporate Strategy

Stitch Fix plans 20% job cuts as CEO steps down, founder Katrina Lake to reassume post

In this article SFIX Follow your favorite stocksCREATE FREE ACCOUNT Katrina Lake, CEO of Stitch Fix Adam Jeffery CNBC Stitch Fix founder Katrina Lake on Thursday told employees the company will be cutting 20% of its salaried workforce and she will reassume her post as CEO as the fledgling apparel company continues to grapple with […]
2 min read
0
  1. CPG & FMCG

Ben & Jerry’s sues parent company Unilever over sale of Israeli business

Ben & Jerry’s is suing parent company Unilever to stop the sale of its Israeli business to a local licensor. View Original Article Unilever 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. Technology & Innovation

Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon

ByteDance has launched a fashion website called If Yooou while Pinduoduo started an e-commerce site called Temu, selling items from electronics to clothing. View Original Article Amazon Technology & Innovation BigTech Dept. Apparel Dept. Nonfood CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle Mexican Grill tests spicy chicken al pastor in two markets

It’s the second time in less than a year that the burrito chain has tried out a new chicken option. View Original Article International - North America 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. Corporate Strategy

Tanger CEO explains why tenant vacancies are an important part of the business

Tanger CEO Stephen Yalof told CNBC’s Jim Cramer why tenant vacancies help keep business fresh for the the outlet chain. View Original Article Dept. Fresh 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 […]
< 1 min read
0
  1. Channel: Restaurants

Three more Starbucks locations in Buffalo, New York, vote in favor of union

Three more Starbucks locations in the Buffalo, New York, area have voted in support of unionizing, dealing yet another blow to the coffee giant. View Original Article Associates Dept. Beverage 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 […]
< 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. Channel: Home Improvement

Home Depot will open four distribution centers as it looks to home pros to drive sales growth

Home Depot is building out the facilities as it looks to pros, which make up about half its business, for revenue growth this year. View Original Article Home Depot Operations & Supply Chain 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 & Category

Food-delivery startup Wonder Group gets $100 million investment from Nestle

​ ​ In this article NES.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Wonder Group has bought rights to make dishes from popular restaurants and celebrity chefs, such as Bobby Flay and José Andrés. It’s also developed high-tech kitchen equipment to speed up and simplify cooking. Wonder Group Food-delivery company Wonder Group has gotten a cash infusion […]
4 min read
0
  1. Trends & External Forces

Retail theft isn’t actually increasing much, major industry study finds

​Retail shrink, and theft’s role as a share of it, is largely in line with historical norms, even as companies call it out more, according to a major NRF survey.  View Original Article Editor's Choice Thick Data Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Department: Consumer Durables

Michael Jordan’s ‘Last Dance’ shoes just became the most expensive sneakers ever sold

[[“value”:”Michael Jordan’s shoes from the ‘Last Dance’ have set a new record for sneaker prices.”]]  View Original Article 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 consumed by more than 355 million people […]
< 1 min read
0
  1. Trends & External Forces

American Eagle Outfitters shares plunge, as retailer lowers forecast

​[[“value”:”The mall-based retailer’s results diverged from Abercrombie & Fitch’s earlier in the day.”]]  View Original Article Brick and Mortar Dept. Apparel 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 coverage and business content consumed by more […]
< 1 min read
0
  1. Department: HBC

Jones Soda unveils cannabis-infused sodas, syrups and gummies under new Mary Jones brand

Jones Soda is launching a line of cannabis-infused sodas, syrups and gummies under a new brand, Mary Jones. View Original Article Dept. HBC Cannabis Dept. Beverage 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. Department: Consumer Durables

Dave & Buster’s to allow customers to bet on arcade games

One of the largest entertainment operators in the country, Dave & Buster’s, will allow its loyalty customers to compete against one another on its app. View Original Article Dept. Nonfood Dept. Toys & Games Marketing: Loyalty & Subscription CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
Next