Retail industry
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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Ray Dalio, JPMorgan back billion-dollar berry farmer Fruitist in new $150 million funding round
Fruitist, the healthy snacking company known for its jumbo blueberries, has raised $150 million in an equity funding round led by new investor J.P. Morgan Asset Management, with billionaire Ray Dalio’s family office doubling down on its existing investment in the farming startup. The company, valued at over $1 billion, is growing distribution rapidly in […]
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Biotech beauty company Debut brings new ingredients, products to skincare market
A Debut Biotech petri dish. Courtesy: Debut Biotech In a lab tucked away in southern California, scientists at Debut Biotech are testing molecules using advanced biotechnology to create new skincare formulations. The San Diego-based company, founded nearly seven years ago, is pioneering new ingredients to specially target various aspects of skin health. One of the […]
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Wayfair stock rises 10% as earnings beat, revenue jumps
Online home goods company Wayfair reported a jump in third-quarter revenue on Tuesday, as it beat Wall Street estimates on the top and bottom lines. The company said total net revenue increased 8.1% year-over-year. Here’s how the company performed in its third quarter, compared with what Wall Street was expecting, based on a survey of […]
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Lululemon is partnering with the NFL to release apparel for all 32 teams
Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Lululemon is partnering with the NFL to launch an apparel collection featuring the logos of all 32 NFL teams. It will mark the first time the retailer has offered officially licensed products for the NFL or any […]
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With two months to Christmas, here’s what retail leaders expect for holiday shopping
There’s just two months until Christmas Eve, and retailers are meeting a more cautious shopper with earlier offerings. Most retailers won’t report third-quarter results or updated holiday expectations until just before Thanksgiving, largely considered the sector’s most important week of the year. By then, many shoppers will have already started checking off holiday shopping lists. […]
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Deckers Brands stock sinks more than 12% after soft outlook raises concerns about Hoka, Ugg growth
Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023. Jakub Porzycki | Nurphoto | Getty Images Shares of footwear maker Deckers Brands plunged more than 12% Friday after the company trimmed its sales guidance for Hoka and Ugg — the two brands driving its growth — over concerns that tariffs are […]
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Taco Bell tries to woo younger customers with Live Más Café’s flashy beverages
IRVINE, Calif. — Taco Bell is going all in on beverages, starting with its Live Más Café concept. The Yum Brands chain unveiled the drink-focused store format last December, with the first location in Chula Vista, California. Ten months later came the second location, near the University of California, Irvine, campus. By the end of […]
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Jim Cramer’s top 10 things to watch in the stock market Friday
My top 10 things to watch Friday, Oct. 24 1. The long-awaited September consumer inflation report, delayed because of the ongoing government shutdown, came in slightly cooler than expected at an 3% annual rate. While still above the Fed’s 2% target rate, the stock market liked the number. Meanwhile, President Donald Trump said he has […]
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Procter & Gamble beats earnings estimates but warns of higher costs from tariffs
Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Procter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products. However, the […]
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