Tag: Retail industry
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McDonald’s names company veteran Skye Anderson as its U.S. president as growth in its largest market slows
McDonald’s new U.S. President Skye Anderson has been with the company for 26 years and succeeds Joe Erlinger in the role.
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McDonald’s is about to report earnings. Here’s what to expect
McDonald’s stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
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Michigan confirms first two deaths in cyclospora outbreak
The Michigan Health Department said that both individuals had underlying health conditions.
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As Americans go direct with GLP-1 prescriptions, Walmart, Costco, Amazon will be big weight-loss winners
As Americans are encouraged to go direct with weight-loss drug prescriptions, retail pharmacy chains are poised to win big.
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To keep growing, incoming Best Buy CEO says he first wants to go smaller
As incoming CEO Jason Bonfig prepares to take the reins, he told CNBC he’s focused on expanding the company’s reach and enhancing the customer experience.
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More consumer companies are staying private for longer, avoiding the IPO road
With the rise of secondary markets and a stronger liquidity environment, more companies are choosing to stay private for longer, according to experts.
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Jersey Mike’s stock falls 3% in public market debut after pricing shares at $23
Jersey Mike’s priced its initial public offering at $23 per share.
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Retailer Reformation opens flat in market debut after pricing IPO at $15
Retailer Reformation made its IPO on the New York Stock Exchange on Thursday under the ticker symbol “REF.”
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Yum Brands reports mixed results but gives no update on Taco Bell cyclospora outbreak
The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.
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Chipotle hikes same-store sales forecast as diners return for burrito bowls
Chipotle Mexican Grill stock has fallen more than 7% this year, dragging its market value down to roughly $44 billion.
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