Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
CNBC - Retail News
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20h ago
A little over a year ago, Chipotle announced the opening of its first Farmesa location ..read more
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Chipotle reports big earnings beat, and its shares are jumping
CNBC - Retail News
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1d ago
The burrito chain said traffic increased 5.4% in its first quarter ..read more
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Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence
CNBC - Retail News
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1d ago
Foot Locker unveiled its "store of the future" concept that will inspire the revamping of 900 stores the sneaker retailer is planning over the next two years ..read more
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Starbucks resumes bargaining with union after two sides thaw relationship
CNBC - Retail News
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2d ago
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant ..read more
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Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
CNBC - Retail News
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2d ago
One's expanding role at Walmart raises the possibility that the company could force Affirm and others out of some of the most coveted partnerships in retail ..read more
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PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales
CNBC - Retail News
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2d ago
PepsiCo's volume and sales growth were better in most international markets than in its North America markets ..read more
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FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings
CNBC - Retail News
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3d ago
The FTC argued the combination of Tapesty and Capri would hurt consumers and workers ..read more
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Express files for bankruptcy, plans to close nearly 100 stores as investors look to save the brand
CNBC - Retail News
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3d ago
Longtime mall retailer Express filed for bankruptcy and plans to close nearly 100 stores as an investor group looks to save it from extinction ..read more
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Lululemon to shutter Washington distribution center, lay off 128 employees
CNBC - Retail News
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6d ago
Lululemon is shutting down its Washington distribution center and laying off 128 employees after it opened a massive new warehouse outside of Los Angeles ..read more
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Drone startup Zipline hits 1 million deliveries, looks to restaurants as it continues to grow
CNBC - Retail News
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6d ago
The company said its zero-emission drones have now flown more than 70 million autonomous commercial miles across four continents ..read more
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