Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024.Saul Loeb | Afp | Getty ImagesFor retailers and consumers finally feeling some relief from inflation, President-elect Donald Trump's tariffs proposal introduces fresh uncertainty around how prices could change during his presidency, analysts...
Category: News
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Brian Niccol speaking on CNBC's "Squawk Box" on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as sales in the U.S. and China, its two biggest markets, disappointed.The company previously released a preliminary report of its quarterly results on Oct. 22...
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations
Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty ImagesDETROIT โ Ford Motor guided to the low end of its previously announced 2024 earnings forecast as it slightly topped Wall Street's third-quarter expectations.The Detroit automaker said Monday...
What McDonald’s needs to do next after E. coli outbreak
In this photo illustration, a McDonald's Quarter Pounder hamburger meal is seen at a McDonald's on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty ImagesAs McDonald's and health authorities race to contain a deadly E. coli outbreak, the burger...
Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases
People look at the holiday window displays at a Macy's store in Herald Square on December 11, 2023 in New York City.Michael M. Santiago | Getty ImagesInflation may have cooled, but retailers are still staring down a holiday season with plenty of uncertainty.Several hard-to-predict factors will influence consumers' spending, as...