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Starbucks COO will Not Return to the Coffee Chain
On Tuesday, Starbucks said that its Chief Operating Officer Troy Alstead is not returning to the company.Troy Alstead had gone on an indefinite leave of absence one year back. He was one seen as the...
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Chipotle’s Woes Might be Over but Shares Still well Below All-time High
Chipotle, the fast food chain might have a reason to breathe a sigh of relief as its stock finally stopped its downward spiral and actually climbed ten percent this year. The E. coli outbreak that...
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Sports Authority to Close Almost One Third of Its Stores
This week, Englewood, Colorado based Sports Authority filed for Chapter 11 bankruptcy protection. The American chain of sporting goods retailer in the bankruptcy protection filed on Wednesday, said...
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Federal Prosecutors in Brazil Open Investigation Into McDonald’s and its...
On Thursday, Marcos José Gomes Correa, a federal prosecutor opened a criminal investigation looking into "fiscal and economic crimes" which McDonald's and Arcos Dorados Holdings, its Latin American...
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Shake Shack Reports Better than Expected Revenue
Shake Shack, the chain of American fast casual restaurant has showed an impressive growth over the years starting from 2004. The company founded in New York City also opted for an IPO with a relatively...
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Shares of Urban Outfitters Increase with Executives Confidence on Future...
The latest results from Urban Outfitters gave the investors some reason to cheer as the retailer indicated boosted sales at Free People stores. The company also said lesser markdowns are expected this...
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Ulta Salon Reports Strong Fourth Quarter Results Beating Expectations
Although, online retailer is gaining grounds but still Ulta and Sephora, the specialty beauty care products retailers with brick and mortar store presence, appear to be quite popular with the beauty...
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Jessica Alba Calls Wall Street Journal Article Related to Honest Co. Full of...
The consumer goods company, Honest Co. co founded by Jessica Alba, which built its reputation by stating that it uses natural ingredients, denies a newly surfaced report that says the company's...
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CBS Corp to Considering a Way Out of Its Radio Business
CBS Corp is considering a way out of its radio business.On Tuesday, CBS Chairman and Chief Executive Leslie Moonves mentioned while speaking at the company's "investor day" that CBS is considering...
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Aeropostale Reports Loss for the Thirteenth Straight Quarter; Exploring...
Aeropostale Inc., the U. S teen apparel retailer posted its thirteenth consecutive quarterly loss and said it was exploring strategic alternatives including even a sale option.Shares of the company...
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Comcast Corp to sell TV, Internet and Phone Service through Amazon.com
Comcast Corporation, the American multinational mass media company has partnered with online retailer Amazon. com to sell its TV, Internet and phone service.The "Amazon Cable Store" will now sell...
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Lumber Liquidators Holdings Inc Reach Settlement with California Air...
Lumber Liquidators Holdings Inc, the hardwood flooring retailer said it had reached a settlement with California's state clean air agency. The California Air Resources Board had initiated an inquiry...
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Amazon Launches Easier Payment Options for Shoppers and Online Partner Platforms
Amazon is continuously making efforts to make things easier for shoppers and in a new attempt, it launched a program on Monday for making it convenient for online shoppers as well as online partners to...
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Starboard Value LP’s Success with Olive Garden Might not be Enough to Handle...
Activism is on the rise in American corporations and in recent years shareholders have been taking stakes and agitating for change to perk up returns.Starboard Value LP, the investment firm set an...
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Will Golden Gate be the Right Choice to Turn Around Pacific Sunwear of...
On Thursday, Pacific Sunware of California Inc., the retail clothing brand which focuses on youth oriented culture and lifestyle of California, filed for bankruptcy. Its plan includes handing over...
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Dropping Sales at Gap’s Key Brands hurt the Company’s Shares
San Francisco, California based Gap Inc, which operates five well known brands is struggling with declining sales. On Thursday, shares of the apparel company dropped almost nine percent during the...
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Profits Almost Halved for Pier 1 Imports in the Latest Quarter
Fort Worth, Texas based home furnishing retailer, Pier 1 Imports Inc. said its most recent quarterly profit has almost halved. The retailer specializing in imported home furnishings and décor with main...
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Nice! Peaches and Mixed Fruit Products Recalled Over Concerns of Presence of...
Milky Way International Trading Corp has initiated a recall for some of peach slices and mixed fruit under the brand Nice!The recalled products may have glass pieces present in them and a company...
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US Analysts Predict that Costco could Increase its Membership Fee Next Year
US analysts predict that Costco could raise its annual membership fees next year. The action might be mainly due to slowing growth in revenue. The prediction says the retailer might spike its yearly...
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Amazon will Expands its Same-day Delivery to All Boston Areas
Amazon said it will extend its same-day delivery service to all Boston areas. Although the company did not say what made it change the policy but most probably the move came after last week's reports...
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