Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.
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Nvidia is back to its winning ways, lifting tech stocks and pushing the broader S&P 500 index to another all-time high.
The drug-store chain lowered prices on more than 1,500 items including vitamins, chips, lotion, and Squishmallow plushies.
The chipmaker was flat on Wednesday, and the other 499 stocks in the S&P 500 didn’t have enough oomph to drive the market higher.
Morgan Stanley is doubling down on its pursuit of day traders with a fancy new, souped-up premium platform for retail investing.
The retailer will cut prices on up to 5,000 grocery items to keep pace with lower-cost rivals like Walmart.
High interest rates across the US and Europe have hurt commercial property values, but not when luxury retail is involved.
The retail giant posted $161 billion in quarterly revenue, marking a 6% increase and beating its earlier sales target.
Investor worries about a fresh batch of US tariffs have dragged LVMH shares in Paris down 23.6% so far this year.
In 2023, roughly 42% of e-commerce orders involved a store acting as a fulfillment hub or a place where consumers can pick up or return items.
First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.
The company says a turnaround will take time as the market for luxury goods cools and China muddles through economic doldrums.
A handful of retail executives hinted this week that they are eyeing some strategic advantages and opportunities amid the trade war.
Walmart announced on Tuesday that it’s introducing a new same-day delivery service for prescription medication.
. It may aim to level the playing field with one competitor in particular: Amazon.
A Labour Party official said he’d like to see legislation that heavily impacts imports of Chinese textiles — a potential problem for Shein.