Starbucks told to pay $2.7 million more to ex-manager awarded $25.6 million over firing
Starbucks logo is seen on a cup in this illustration photo taken in the cafe at the airport in Charleroi, Belgium on July 27, 2023. Jakub Porzyck | Nurphoto |…
McDonald’s, Chipotle among restaurant earnings winners and losers
A McDonald’s restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBC Restaurant companies navigating some of the same challenges in the second quarter fell into two…
Target (TGT) earnings Q2 2023
A Target department store on May 17, 2023 in North Miami Beach, Florida. Joe Raedle | Getty Images Target will report fiscal second-quarter earnings on Wednesday, as consumers send mixed…
How cash-strapped consumers justify luxury purchases
By nearly every measure, Americans are financially strained. Yet, we’re coming up with new ways to justify expensive purchases. The latest way, coined “girl math,” breaks down the price of…
Nine states pass laws to crack down on theft
This is the final part of a three-part series on organized retail crime. The stories examine the claims retailers make about how theft is impacting their business and the actions…
Retailers take center stage, as Wall Street turns to consumer for boost
A raft of economic data and big retail earnings reports next week will give traders insight into the strength of the consumer after a mixed batch of inflation data. Investors…
Credit Suisse raises Walmart price target ahead of earnings
Investors should snap up shares of Walmart ahead of earnings, according to Credit Suisse. Analyst Karen Short maintained her outperform rating on the stock and raised her price target by…