Retail lobby group’s retraction of key crime claim shows how hard it is to track theft
The leading retail lobbying group has walked back a key claim about shrink, or inventory losses from various sources, after ...
Tag: Business
Lululemon shares fall as retailer gives tepid holiday outlook despite strong start to shopping season
Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey.Mike Calia | CNBCLululemon on Thursday ...
McDonald’s to open first CosMc’s spinoff restaurant this week
McDonald's CosMc's Restaurant.Courtesy: McDonald'sMcDonald's will open the first location of its new spinoff brand CosMc's this week in Bolingbrook, Illinois.The ...
Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane ...
Meta and Microsoft say they will buy AMD’s new AI chip as an alternative to Nvidia’s
Lisa Su displays an AMD Instinct MI300 chip as she delivers a keynote address at CES 2023 in Las Vegas, ...
Activist investor urges Disney to add Trian’s Nelson Peltz to its board
Disney World's Magic Kingdom in Orlando, Florida.Joe Raedle | Getty Images News | Getty ImagesActivist investor Ancora on Tuesday urged ...
Apple’s market cap closes above $3 trillion
Apple CEO Tim Cook greets customers purchasing Apple’s new iPhone 15 during a launch event at the Fifth Avenue Apple ...
CVS to change how it prices prescription drugs with new pharmacy reimbursement model
A sign outside a CVS Health store in Miami, Aug. 1, 2023.Joe Raedle | Getty ImagesCVS Health on Tuesday said ...
Rockstar Games publishes Grand Theft Auto trailer early after it was leaked on X
Strauss Zelnick, CEO of Take Two Interactive.Adam Jeffery | CNBCShares of video game publisher Take-Two Interactive Software fell as much ...
How major retailers and Covid-era nostalgia helped revive the vinyl records industry
A stack of freshly pressed gold vinyl records at United Record Pressing.CNBCThis story is part of CNBC's new quarterly Cities ...
