retail

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

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Consumer

McDonald’s May Have to Tap Out on Raising Prices

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

1 min read
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Consumer

Gucci’s China Problem Is Testing Investors’ Patience

The company says a turnaround will take time as the market for luxury goods cools and China muddles through economic doldrums.

1 min read
Photo by Mostafa Meraji via Unsplash

Indicators

US Retail Sales Surge as Consumers Shrug Off Inflation, High Interest Rates

Sales rose 0.7% month-over-month — about double what many economists had predicted. Year-over-year, that’s a 4% jump.

1 min read

Investments

Morgan Stanley Wants to Woo the Day-Trader Crowd

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Morgan Stanley is doubling down on its pursuit of day traders with a fancy new, souped-up premium platform for retail investing.

1 min read

Consumer

Sliding LVMH Market Value Prompts Luxury Firm’s CEO to Urge US-EU Free Trade

Photo by Jérémy Barande via CC BY-SA 2.0

Investor worries about a fresh batch of US tariffs have dragged LVMH shares in Paris down 23.6% so far this year.

2 min read

Consumer

Walmart, Uniqlo Join Retailers Touting Ways to Navigate Trade War

Photo by Jaden William via Unsplash

A handful of retail executives hinted this week that they are eyeing some strategic advantages and opportunities amid the trade war.

2 min read

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