Economy

Economy
Economy

Lululemon suffers another blow as customers turn to rivals

Lululemon is facing another setback as it struggles to draw customers into its stores, a challenge it has been battling in recent months. The athletic apparel retailer saw its comparable sales in North America decrease by 12% year over year in the second quarter of 2026, while its net revenue in the region dropped by

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Economy

Starbucks CEO reveals what he thinks will keep customers coming back

Starbucks (SBUX) just told investors that the difficult phase of its turnaround is over.  On Sept. 10, two years after Brian Niccol took over as chief executive, he said the company had achieved its goal. “Starbucks is back,” he told CNBC. Niccol’s performance at Chipotle, where he led the recovery from the chain’s food-safety crises

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Economy

Fast growing fashion brand plans major US store expansion

Reformation, the largest sustainable womenswear brand, which went public in July, is betting that shoppers still want physical fashion stores. Another gamble: that opening new stores can help grow its online business, too. The fashion retailer has opened four stores in the second quarter and ended the period with 70 locations globally. The expansion is

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Economy

Keurig Dr Pepper breakup could reveal the stronger business

Keurig Dr Pepper built one company around two very different businesses: a North American beverage operation led by Dr Pepper and a coffee franchise built around Keurig. But it is now preparing to separate them, again, since its merger in 2018. The company plans to split into two publicly traded businesses in early 2027. The

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Economy

Pepsi has an entirely new plan for Doritos, Cheetos

PepsiCo has spent decades building some of the world’s most recognizable snack brands. From Lay’s and Doritos to Cheetos and Cracker Jacks, the company has built a portfolio that reaches just about every cranny of the snack aisle. Now, it’s looking for new ways to put those brands in front of consumers.  Over the last

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Economy

Clothing retailer closes nearly all stores, leaving just 4

A major international clothing retailer is continuing to shrink its U.S. footprint after years of store closures and financial challenges. The latest shutdown affects a long-running location in one of the country’s most prominent retail markets, further reducing the brand’s presence in the U.S. The closure comes as the retailer works to reshape its business

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Economy

The factories meant to absorb your kitchen tariff are shrinking

Every large home project comes down to a question you answer before you ever call a contractor. Not what it costs.  When you already know the arithmetic of waiting. Prices drift up, your kitchen gets another year older, and the quote you were quietly hoping would improve never does. So you wait anyway, because waiting

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Economy

Another national airline files for Chapter 11 bankruptcy

With jet fuel prices still elevated over the war in Iran and climbing suddenly each time there is renewed conflict, multiple airlines are struggling to cover their costs, in some cases to the point of having to declare bankruptcy. Mexican holiday carrier Magnicharters filed for bankruptcy protection in Mexico City back in May, while British cargo airline

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Economy

Consumer giant could sell major personal care brands

A major consumer company is considering a move that could put several familiar household brands on the market. The move comes as the company reassesses parts of its portfolio and seeks to strengthen performance in a key market. If completed, the sale could reshape a personal care business that includes well-known products used by consumers

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Economy

National specialty clothing chain closing all its stores

A few weeks ago, I used Uber Eats to deliver me a case of bottled water, a dozen Starbucks iced coffee bottles, and a 12-pack of Gatorade Zero. It cost a little more than going to the store less than two miles from our house, but instead of having to lug those bulky items from

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