Category: India Retail News

Employees bring a television to Steve Steward’s car at a Best Buy store on Black Friday, traditionally one of the busiest shopping days of the year. Crowds are smaller this year due to the increasing popularity of on-line shopping amid concerns about the COVID-19 pandemic. Paul Hennessy | SOPA Images | LightRocket | Getty Images …

Best Buy braces for rivals to slash prices as pandemic-fueled demand fadesRead More

McDonald’s Crispy Chicken Sandwich and Deluxe Crispy Chicken Sandwich Source: McDonald’s McDonald’s new line of chicken sandwiches could lift all chicken suppliers, particularly Tyson Foods and Pilgrim’s Pride, said a Bank of America Securities report released Thursday. The fast-food giant launched its Crispy Chicken Sandwich nationwide on Wednesday, spurred on by increased competition with Chick-fil-A …

McDonald’s chicken sandwich could boost Tyson Foods, Pilgrim’s Pride: AnalystRead More

An employee organizes Apple Inc. AirPods for sale at a Costco Wholesale Corp. store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Costco is raising its hourly minimum wage to $16, putting its starting wage above many of its rivals such as Amazon, Walmart and Best Buy. “Two years ago, we …

Costco is raising its minimum wage to $16 for its hourly store workersRead More

Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. Geoff Robbins | AFP | Getty Images Best Buy‘s fourth-quarter earnings outpaced Wall Street’s expectations Thursday, but it fell short on revenue as its sales growth slowed compared with earlier months of the …

Best Buy (BBY) earnings Q4 2021 beat projections, but sales gains slowRead More

Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Thursday’s earnings report from used car dealer Carvana could help validate the decisions of many hedge funds that have big bets on the company. The e-commerce company has seen its sales grow exponentially since its initial public offering in 2017 and has caught the eye of several …

Carvana becomes the darling of hedge funds, who believe it can be the ‘Amazon of cars’Read More

7-Eleven, home of the 50-ounce Double Gulp and the Pina Colada Slurpee, has helped revolutionize the way we shop at convenience stores. Generations of consumers have turned to the 90-year-old brand for gas, Cokes and smokes. But in March 2019, it launched its first Evolution Store. These redesigned shops feature a growler station with craft …

How 7-Eleven became the world’s largest convenience store retailerRead More

Neon Zebra cocktail mixers PepsiCo PepsiCo will launch a line of cocktail mixers under a new brand, Neon Zebra, next month. The food and beverage giant started working on the products two years ago, before the coronavirus pandemic shuttered bars. Pepsi had already been tracking the at-home drinking trend, particularly by consumers between the ages …

PepsiCo to launch Neon Zebra cocktail mixers as at-home drinking spikesRead More

Target will open 17 mini Apple shops inside of its stores this month, with plans to expand them to other locations. Target Target wants to give shoppers another reason to skip trips to the mall: It’s adding mini Apple stores to some locations, with more space devoted to iPhones and other popular gadgets. The retailer …

Target to open mini Apple shops in latest move to woo customersRead More

An employee removes a pizza from the oven at a Domino’s Pizza restaurant in Rantoul, Illinois. Daniel Acker | Bloomberg | Getty Images Domino’s Pizza on Thursday reported quarterly earnings missed estimates as pandemic costs weighed on profits and U.S. same-store sales growth slowed. The pizza chain also released a new outlook for the next two to …

Domino’s Pizza (DPZ) Q4 2020 earnings missRead More