Tag: Retail industry

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E.l.f. Beauty posts first $1 billion year, but shares fall on weaker-than-expected guidance

E.l.f Beauty products.Courtesy: e.l.f BeautyE.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer's shares fell as...

Starbucks resumes bargaining with union after two sides thaw relationship

Starbucks and the union that represents its baristas will resume contract negotiations on Wednesday, ending an extended stalemate.The two sides' return to the bargaining...

Gatorade enters new categories — even unflavored water — as competition to hydrate consumers ramps up

As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes.Since its...

Nordstrom shares jump more than 10% on report retailer is trying to go private

]Shoppers exit the Nordstrom at the Westfield Topanga mall on August 14, 2023. Christina House | Los Angeles Times | Getty ImagesNordstrom shares jumped more...

Mexican liquors and beers are on the rise in the U.S. — here’s what’s driving the torrid growth

Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty...

Costco tops quarterly earnings expectations, even as sales remain soft

Costco on Tuesday reported quarterly earnings that topped Wall Street's expectations, as shoppers turned to the membership club for groceries but bought fewer big-ticket...

Mediterranean restaurant chain Cava swings to a profit in first report since IPO

A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on...

Little-known NJ baby retailer tentatively wins rights to Buy Buy Baby’s IP

"Store Closing" signs at a Buy Buy Baby store in the Brooklyn borough of New York, on Monday, Feb. 6, 2023.Stephanie Keith | Bloomberg...

Lionel Messi is coming to Miami, and he’s boosting MLS ticket sales big time

Lionel Messi celebrates his second goal of the match between Honduras and Argentina at Hard Rock Stadium, Miami, Sept 23, 2022.Icon Sportswire | Icon...