1. Channel: D2C

Warby Parker slashes sales outlook for the year as loss widens

Written by Posted on Less than 0 min read

Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year.

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. Operations & Supply Chain

Higher prices ahead for Tide detergent and other Procter & Gamble products as costs climb higher

Procter & Gamble is raising prices across more of its portfolio to protect its profit margins as commodity and freight costs climb higher. View Original Article Operations & Supply Chain Procter & Gamble 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. Technology & Innovation

Alibaba founder Jack Ma’s close confidants have taken the top roles at the Chinese tech giant — Here’s who they are

​Eddie Yongming Wu will become CEO of Alibaba, while Joe Tsai will take over as chairman. Both are close confidants of Alibaba’s billionaire founder Jack Ma.  View Original Article Executives Technology & Innovation 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. CPG: Beverage

Coca-Cola CEO says inflation is moderating in most markets after higher prices boost revenue

In the majority of Coke’s markets, shoppers were only paying about 3.5% more for their drinks than they were a year earlier. View Original Article Executives Economy Shoppers Coca Cola 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. Holiday & Events

From Amazon to Target, here’s a look at some of the biggest holiday sales happening now

​[[“value”:”Retailers are kicking off a slew of holiday deals earlier than ever before. Here’s a rundown of some of the sales events happening now.”]]  View Original Article Amazon Holiday & Events Target 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: 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. Associates & Employees

Amazon workers at second Staten Island warehouse reject union

The decision comes just a month after a neighboring Amazon warehouse, known as JFK8, voted in favor of the company’s first U.S. union. View Original Article Operations & Supply Chain Associates Amazon 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. Holiday & Events

Back-to-school shopping takes ‘a major financial toll’ amid high inflation. Here’s how to save on supplies for the fall

Top tips to save on school supplies as back-to-school shopping takes a bigger bite of the budget this year. 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 coverage and […]
< 1 min read
0
  1. Uncategorized

100 million Squishmallows sold in a year — How the toy sensation joined Warren Buffett’s conglomerate

​[[“value”:”Plush toy phenomenon Squishmallows are now a part of Warren Buffett’s conglomerate.”]]  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. […]
< 1 min read
0
  1. Channel: Restaurants

A ‘Gen U’ of young Starbucks baristas is powering a growing push to unionize

From coast to coast, young Starbucks baristas are pushing to unionize their cafes. View Original Article 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 […]
< 1 min read
0
  1. Uncategorized

Trial canceled in Haslam family suit vs. Berkshire Hathaway over truck-stop company value

​[[“value”:”Warren Buffett’s Berkshire Hathaway was accused of using accounting that would diminish the value of the Pilot Travel Center stake owned by Jimmy Haslam and his family.”]]  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. Trends & External Forces

Inflation at its worst: Some ticket prices are up as much as 100%

Attractions hard hit by the Covid pandemic are raising the price of admission in 2022. View Original Article COVID19 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 […]
< 1 min read
0
  1. ESG

Biden administration puts the final nail in the coffin for incandescent light bulbs

​[[“value”:”The Department of Energy has completed its tiered phase in of the ban on incandescent light bulbs. Now, all light bulbs must meet specific efficiency standards.”]]  View Original Article 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 […]
< 1 min read
0
  1. Uncategorized

Activist Macellum seeks to take control of Kohl’s board, nominates 10 directors

Activist group Macellum has amplified the pressure on Kohl’s as it seeks to take control of the retailer’s board and nominates 10 directors. 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 […]
< 1 min read
0
  1. Department: Food

N.J. deli stock fraud defendant behind bars as feds reveal he renounced U.S. citizenship

​   ​  [[“value”:”Three men, including Peter Coker Jr. and his dad, are accused of pumping up the stock price of a New Jersey deli-owning company once valued at $100 million.”]]    View Original Article Dept. Deli Dept. Fresh Prepared Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized […]
< 1 min read
0
  1. CPG: Adult Beverage

Major League Pickleball’s newest team owner is Anheuser-Busch

Beer giant Anheuser-Busch is getting in on the pickleball craze as an owner of a Major League Pickleball team. View Original Article CPG: Adult Beverage Dept. Adult Bev 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 […]
< 1 min read
0
  1. Channel: Specialty & Other

Doubt grows over Buy Buy Baby sale process as parent Bed Bath & Beyond splits auction

​Failed home goods retailer Bed Bath & Beyond will host two separate auctions for its Buy Buy Baby chain as interest in keeping the banner’s stores open wanes.  View Original Article Brick and Mortar Dept. Nonfood Bed Bath & Beyond CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Trends & External Forces

Ultra-rich fueling sales of luxury brands despite inflation and recession fears

High-end luxury brands are reporting strong sales even as retailers catering to more mainstream customers cite a pullback in consumer spending. View Original Article Consumers 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 […]
< 1 min read
0
  1. Shopper & Customer

Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show

​ ​  In a CNBC interview, Walmart CEO Doug McMillon said the discounter is gearing up for a year when it faces tougher comparisons because of falling prices. View Original Article Consumers Economy Editor's Choice Executives Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond lines up funding in a last-ditch bid to avoid bankruptcy

 [[“value”:”Bed Bath & Beyond has been on the verge of bankruptcy but bought some time with a public stock offering that’s expected to bring in more than $1 billion.”]]  View Original Article Bed Bath & Beyond Bankruptcy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Department: Consumer Durables

Hasbro warns of weak holiday quarter results, cuts 15% of its workforce

[[ Getty Images Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results. Shares of the toy maker fell more than 6% in extended trading. “Despite strong growth in Wizards of the Coast and Digital Gaming, Hasbro Pulse, and our licensing business, our Consumer Products business underperformed in the […]
2 min read
0
Next