Retail industry
Trump tariffs could add $40 billion to holiday shoppers’ and sellers’ costs, LendingTree warns
A person walks down a street with shopping bags in New York City on Nov. 29, 2024. David Dee Delgado | Getty Images American consumer wallets will be billions of dollars lighter this holiday season because of President Donald Trump’s tariffs, according to LendingTree. Sunday marked six months since Trump announced his broad “liberation day” […]
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‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance
Oils containing CBD (Cannabidiol). Geoffroy Van Der Hasselt | AFP | Getty Images Cannabis stocks could be poised for a rally after years of stagnation, fueled by investor optimism over the possibility for new federal rules for hemp-derived products and signals that President Donald Trump could take a more permissive stance on marijuana. Publicly traded […]
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Amazon’s stock soars 12% on third-quarter beat and increased spending guidance
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon shares soared 12% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services. Cloud was a […]
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Chocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa prices
A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty Images The scariest thing haunting Halloween this year isn’t a ghost, goblin or ghoul — it’s the price of chocolate. From Snickers to Reese’s to Twix, one of America’s favorite indulgences is getting more […]
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Chipotle stock craters as Wall Street grows ‘concerned’ after company cuts forecast
A Chipotle logo is displayed on a sign at a shop on June 1, 2025 in Washington, DC. Kevin Carter | Getty Images Shares of Chipotle Mexican Grill tumbled as much as 19% in morning trading on Thursday after the company cut its full-year same-store sales forecast for the third straight quarter. Including Thursday’s move, […]
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Restaurant Brands earnings top estimates, fueled by Tim Hortons and international growth
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by growth of its international restaurants and Tim Hortons. Combined, the two divisions account […]
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Coffee delivery is now a $1 billion business for Starbucks
Close-up of a Starbucks branded paper bag on a picnic table outdoors in a park, Walnut Creek, California, May 19, 2024. Smith Collection/gado | Archive Photos | Getty Images Coffee delivery has turned into a $1 billion business for Starbucks. The coffee giant said on Wednesday that its annual delivery sales crossed the milestone in […]
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Chipotle cuts same-store sales forecast for third straight quarter as diner visits drop again
A customer carries a Chipotle bag in San Francisco, California, US, on Friday, Jan. 31, 2025. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly revenue that fell short of expectations and cut its same-store sales forecast for the third straight quarter. Chipotle is expecting its full-year same-store sales […]
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Starbucks is about to report earnings. Here’s what to expect
The American multinational chain Starbucks Coffee store and logo seen displayed. Sopa Images | Lightrocket | Getty Images Starbucks is expected to report its quarterly earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report for its fiscal fourth quarter: Earnings per share: 56 cents […]
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How a lapse in SNAP benefits could affect consumers and retailers
A man holds a sign reading “SNAP Feeds Families,” as food aid benefits will be suspended starting November 1 amid the ongoing U.S. government shutdown, during “A Rally for SNAP” on the steps of the Massachusetts Statehouse in Boston, Massachusetts, U.S., October 28, 2025. Brian Snyder | Reuters Nearly 42 million Americans are days away […]
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