Retail industry

Business

Starbucks union authorizes open-ended strike as busy holiday season begins

Starbucks baristas gather outside a Starbucks store as they protest against the company during a rally to demand a new

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Earnings

McDonald’s sales rise, but CEO expects low-income diners to spend less into next year

McDonald’s on Wednesday fell short of Wall Street’s earnings expectations, but the company’s U.S. restaurants reported better-than-expected same-store sales growth.

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Business

AI-washing and the massive layoffs hitting the economy

Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for

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Earnings

Cava cuts full-year forecast, in another warning sign for fast-casual restaurants

Pedestrians carry Cava bags along Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Monday,

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Business

Yum Brands to review strategic options for Pizza Hut, opening the door to a sale

A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut’s third-quarter revenue fell short of

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Politics

‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer

Oils containing CBD (Cannabidiol). Geoffroy Van Der Hasselt | AFP | Getty Images Cannabis stocks could be poised for a

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Earnings

Starbucks to form joint venture with Boyu Capital to run China business

Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China.

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Business

Chocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa

A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.  Brandon Bell |

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Business

Chipotle stock craters as Wall Street grows concerned after company cuts forecast

A Chipotle logo is displayed on a sign at a shop on June 1, 2025 in Washington, DC. Kevin Carter

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Business

How a lapse in SNAP benefits could affect consumers and retailers

A man holds a sign reading “SNAP Feeds Families,” as food aid benefits will be suspended starting November 1 amid

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