Retail industry
McDonald’s reports largest U.S. same-store sales decline since 2020
McDonald’s on Thursday reported mixed quarterly results as its U.S. same-store sales fell for the second straight quarter, posting their largest domestic decline since the onset of the Covid pandemic. McDonald’s U.S. same-store sales shrank 3.6% as the chain faced bad weather and a more cautious consumer. That drop is the worst in McDonald’s home […]
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This startup turns trash into designer objects — which have been featured in Vogue
Müll.Club’s rings are made from household plastics such black containers and gold lids, which make for a marbled effect. Müll.Club Fine art graduate Charlie Rudkin-Wilson’s homewares have been featured in the likes of Vogue magazine and her partners include luxury retailer Fortnum & Mason. But her coasters, rings and soap dishes aren’t made from precious […]
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Dollar General is one of the best stock performers of Trump’s first 100 days
The Dollar General in Snow Hill, Maryland on April 2, 2024. Deb Lindsey | The Washington Post | Getty Images Dollar General is among the best-performing stocks in the first 100 days of President Donald Trump’s second term. Since Trump’s Jan. 20 inauguration, shares of the discount retailer have soared more than 36% as of […]
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Yum Brands revenue misses as Pizza Hut’s same-store sales fall 2%
Yum Brands on Wednesday reported mixed quarterly results as Pizza Hut’s same-store sales dropped more than expected. Shares of the company fell more than 1% in premarket trading. Here’s what the company reported for the first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.30 […]
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Oddity Tech soars 15% after it raises outlook despite tariff threat
As the retail industry braces for profits to take a hit from tariffs, Oddity Tech is bucking the trend and raising its outlook after another quarter of outsized growth, the company said Tuesday. The beauty and tech retailer behind Il Makiage and Spoiled Child hiked both its earnings and profit guidance for fiscal 2025 and […]
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Starbucks is about to report earnings. Here’s what to expect
A pedestrian holds a Starbucks cup in Sacramento, California, on April 28, 2025. David Paul Morris | Bloomberg | Getty Images Starbucks is expected to report its fiscal second-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: 49 cents expected […]
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Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items
Jaque Silva | Nurphoto | Getty Images Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump’s tariffs. The fees, which began cropping up over the weekend after price hikes went into effect on Friday, cost more than the individual products consumers are buying and can more than […]
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Corporate sponsors are backing away from LGBTQ+ Pride organizations
Revelers attend the annual LGBTQ+ Capital Pride parade in Washington D.C., U.S., June 8, 2024. Leah Millis | Reuters Companies that were once loud and proud in supporting LGBTQ+ community celebrations are pulling back. LGBTQ+ Pride festivals across the country have faced significant sponsorship challenges this year, with some losing corporate partners that collectively provided […]
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More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
Key Points A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024. The survey said 41% of respondents said they made a late payment on a BNPL loan in the past year, up from 34% in the year prior. The figures […]
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Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs
In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas. Brandon Bell | Getty Images At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. Yet when […]
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