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GLP-1 patients have cut their grocery budgets by 6%, amounting to $416 in annual shopping hauls per household, a one study.
Walmart has been the clearest beneficiary of consumers more carefully checking price tags, thanks in part to its strong value positioning.
Gen Z’s interest in brands that styled teens of an earlier era is revitalizing once-beleaguered shopping mall retailers.
Chains including Cheesecake Factory, BJ’s, IHOP and Chili’s have seen sales and foot traffic climb alongside their shares.
The Swiss company’s stock ended the day down roughly 20% after it lowered its outlook for the rest of the year.
McDonald’s has appointed a new US chief to revitalize the flagging performance of its American restaurants, where inflation has cut sales.
Parent company Yum Brands is a sprinkle of shredded lettuce away from disaster as it heads into earnings today.
Cooling retail sales growth in June reflects a brief decline in gasoline prices amid a short-lived ceasefire between the US and Iran.
Richemont notched its seventh straight quarter of double-digit growth in its jewelry segment, where Cartier bracelets helped boost sales 24%.
In its IPO prospectus, SpaceX said that Starlink accounted for just over 60% of its $18.7 billion in revenue last year.
This month Bloomberg reported that De Beers cut its prices to bring them much closer to the market rate, abandoning its premium position.
Shares in the membership-based retailer fell 4.1% on Thursday after a June sales update failed to meet Wall Street’s lofty expectations.
Delta’s move mirrors what rival airlines are doing, creating more upsells to tempt travelers who want to upgrade.
Under CEO Michelle Gass, who took the top job in 2024, Levi Strauss has pursued a multi-faceted turnaround focused on a DTC model.
General Mills lost $2 billion in its latest quarter, but cost cutting and innovation plans served as investor-luring lucky charms.