A shopper exits a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond said Wednesday its sales tumbled nearly 50% during its latest quarter, even as online sales surged more than 100% during April and May, with consumers stocking up on cleaning supplies and home decor.
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale on November 15, 2019 in New York City. Angela Weiss | AFP | Getty Images Beyond Meat announced Tuesday that Alibaba’s Freshippo grocery stores would start selling its meatless burger patties, marking its entry into supermarkets in
A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters (This story is for CNBC Pro subscribers only). Barclays analysts said in a note to clients that it is time to stick Beyond Meat in the freezer after a strong
Shares of Beyond Meat fell 7% in morning trading after the CBC reported that McDonald’s stopped testing a burger made with its patties in Canada. In a tweet to a consumer asking about the burger, McDonald’s Canada said that the test ended April 6. The chain has no plans to bring back the item at this time. McDonald’s stock
Myntra recorded 86% jump in customer base from Tier 2 and beyond during its first online sale post lockdown, Retail News, ET Retail
Bengaluru : Flipkart-owned fashion marketplace Myntra noted 86% increase in the number of customers from tier 2 and 3 cities – the highest so far – in its recently concluded End of Reason Sale (EORS), indicating a shift in consumer behavior and preference for online shopping amid the lockdown. It was the first online sale
Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond reported Wednesday fiscal fourth-quarter results that topped analysts’ estimates, but warned it could not make predictions for 2020 due to the coronavirus pandemic. The company said that despite widespread, temporary store closures, it still