[ad_1] People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Lululemon on Thursday reported sales and profit that topped estimates, …
Read More »Hasbro defends Magic: The Gathering strategy
[ad_1] A Magic: The Gathering card is displayed on a mobile phone during a weekly tournament at the Uncommons hobby shop in New York, U.S., on Thursday, June 27, 2019. Photographer: Mark Abramson/Bloomberg via Getty Images Mark Abramson | Bloomberg | Getty Images Hasbro is defending its strategy for its …
Read More »Rent the Runway (RENT) Q3 earnings 2022
[ad_1] Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported stronger quarterly revenue that beat expectations and raised its financial outlook for the year as customers opted …
Read More »Ferrero to buy Halo Top owner Wells to further U.S. expansion
[ad_1] Halo Top pints of ice cream in Los Angeles, California. Kirk Mckoy | Los Angeles Times | Getty Images Candy maker Ferrero is buying Wells Enterprises, the ice cream giant that owns Blue Bunny, Blue Ribbon Classics and Halo Top. The two privately held companies did not disclose financial …
Read More »Used vehicle demand and prices continue to decline from record highs
[ad_1] A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale prices of used vehicles reached their lowest level in more than a year last month, as retail sales decline amid interest …
Read More »Carvana shares tank as bankruptcy concerns grow for used car retailer
[ad_1] Shares of Carvana plummeted by more than 40% during trading Wednesday after the embattled online used car retailer’s largest creditors signed a deal binding them to act together in negotiations with the company. The pact, as first reported by Bloomberg, includes creditors such as Apollo Global Management and Pacific …
Read More »Southwest reinstates dividend after three years as travel rebounds
[ad_1] OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines is reinstating its quarterly dividend that it suspended at the start of the Covid-19 pandemic in 2020, the latest sign of the airline industry’s recovery. The $54 billion in federal aid that airlines received to keep paying employees during the …
Read More »McDonald’s hopes discounts, contests boost mobile sales
[ad_1] The Ronald McDonald balloon floats past Radio City Music Hall during the 96th Annual Macy’s Thanksgiving Day Parade in New York City on November 24, 2022. Yuki Iwamura | AFP | Getty Images Last holiday season, McDonald’s leaned on singer Mariah Carey’s starpower and discounts to drive customers to …
Read More »Boeing’s last 747 rolls out of factory after a more than 50-year production run
[ad_1] Boeing’s last 747 aircraft, #1574, at its factory in Everett, Washington. Leslie Josephs | CNBC EVERETT, Wash. − Boeing‘s final 747 rolled out of the company’s cavernous factory north of Seattle Tuesday night as airlines’ push for more fuel-efficient planes ends the more than half-century production run of the …
Read More »Omicron boosters weaker against BQ.1.1 subvariant
[ad_1] A staff member draws up a syringe with the Comirnaty vaccine from Biontech and Pfizer adapted to the Omicron-BA.1 variant at the Mainz vaccination center. Sebastian Christoph Gollnow | dpa | Picture Alliance | Getty Images Covid shots designed to protect against the omicron variant trigger a weaker immune …
Read More »