Target steps up investment in store staffing, cuts about 500 other roles to help fix
Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs at distribution centers and regional offices
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Retail industry
Gucci-owner Kering jumps 12% as new CEO maps revival, sales beats estimates
Customers shop at a GUCCI luxury store in Shanghai, China. Cfoto | Future Publishing | Getty Images Kering said it
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Shares of Jennifer Garner’s Once Upon a Farm pop 17% in public market debut
Jennifer Garner, co-founder of Once Upon a Farm, center, and Cassandra Curtis, co-founder of of Once Upon a Farm, center
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Peloton shares plunge 26% on weak holiday quarter, sluggish demand for splashy new products
Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line
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Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance
Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, although traffic to its restaurants fell
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Yum Brands posts mixed quarter, Taco Bell shines
A customer enters a Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris
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Uber reports 20% revenue growth in fourth-quarter, but issues soft profit guidance
Uber reported better-than-expected revenue in its fourth-quarter earnings report on Wednesday, but the company issued soft profit guidance for the
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PepsiCo’s drink sales are improving, and it’s planning to cut snack prices
PepsiCo on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by improving organic sales across its business. Demand for
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Home Depot lays off 800 workers, says corporate employees will return to office 5 days a
A Home Depot logo is displayed at one of their stores in San Diego, Nov. 8, 2025. Kevin Carter |
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Allbirds becomes latest retailer to close brick-and-mortar stores in shift to online focus
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., Feb. 16, 2021. Al Drago |
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