Tag: Retail industry
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World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC
Pandora is moving ahead with platinum-plated jewelry as it seeks to reduce its exposure to volatile silver prices despite the metal’s recent decline.
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Wendy’s stock jumps on report of potential takeover bid from Nelson Peltz’s Trian Fund Management
Peltz’s relationship with Wendy’s dates back to an activist campaign he led more than two decades ago.
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Home Depot CEO taking temporary medical leave, two top execs to run the retailer
Home Depot’s CEO Ted Decker is taking a temporary medical leave of absence that’s expected to last a few months.
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Target appoints its first chief AI officer as big retailers bet on AI
Target announced its first-ever chief artificial intelligence officer on Tuesday as retailers race to take advantage of the AI boom.
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Baby products company Frida is expanding into kids’ personal care
Baby products company Frida is launching a new category of personal care items for kids, tapping into a growing market and largely untapped space.
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Shein faces existential threat as tariffs hit low-price model, putting new focus on services
Shein has won over consumers with its low prices but is now seeing shoppers flee after new tariffs and changing regulations forced it to raise prices.
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Cyclospora fears lead consumers to lose their appetite for salads
Traffic to salad chains has fallen as consumers avoid greens due to the ongoing cyclospora outbreaks across the U.S.
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Burger King overtakes Wendy’s as the nation’s second-largest burger chain
Burger King is once again the second-largest burger chain in the U.S. by system-wide sales.
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Jim Cramer explains why Ralph Lauren remains one of retail’s best stocks
CNBC’s Cramer said RL’s outperformance stems from a strategy centered on elevating the brand, expanding its core business, and winning in key global markets.
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Jim Cramer highlights 5 investing themes — and the stocks to buy for each
CNBC’s Jim Cramer said earnings season reinforced five investing themes he thinks will produce the market’s best buying opportunities.
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