Roberto Machado Noa | LightRocket | Getty Images Bath & Body Works owner L Brands could be poised to benefit from an increase in sales of its soaps and hand sanitizers as consumers try to protect themselves from the spread of the deadly coronavirus, an analyst said Monday. The retailer “could experience (and meet) a […]
Tag: Retail industry
‘Bad Boys For Life,’ ‘1917’ top $100 million at domestic box office
Will Smith and Martin Lawrence’s third flip as Mike Lowrey and Marcus Burnett continued to realize steam on the field workplace this weekend. “Bad Boys For Life” remained the top-grossing flick on the home field workplace for the second week in a row, hauling in $34 million. The movie has grossed $120.6 million […]
4 restaurant chains that are opening fast-casual spinoffs
Fast-casual consuming locations are smaller in dimension, with a lot much less seating and fewer employees serving prospects, which signifies that they are cheaper to perform than a full-service restaurant. Menus are usually designed for consolation and fast service, and prospects order at a counter, typically transferring alongside an assembly line. Some casual consuming chains […]
Disney ditches Fox name from branding, emails and logos
View of the 20th Century Fox emblem in the course of the CinemaCon Walt Disney Studios Motion Pictures Special presentation on the Colosseum Caesars Palace on April 3, 2019, in Las Vegas, Nevada. Nearly a yr after buying 21st Century Fox’s movie and tv belongings, Disney is dropping the Fox identify from its […]
Target (TGT) holiday 2019 sales fall short of estimates
Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Its shares tumbled more than 8% on the news. Walmart, which hasn’t reported holiday results, also traded lower. Its stock was last down about 2%. […]
Lululemon raises its quarterly forecast after upbeat holiday sales
Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon Athletica raised its quarterly sales and profit outlook on Monday, as the Canadian apparel maker’s efforts to ramp up its online presence and broaden its range helped drive sales during the all-important holiday […]
600 HealthHUBs will be opened by the end of 2020
CVS Health CEO Larry Merlo told CNBC Monday that the health retailer is on track to meet its goal of rehabbing more than one thousand of its stores and said the chain is seeing positive early results. CVS launched three of its HealthHUB concept stores in the Houston, Texas region near the end of 2018 […]
AMC and Regal won’t screen Netflix’s Oscar best picture nominees
Still from Netflix’s “Marriage Story.” Netflix Netflix may have been nominated for 24 Academy Awards on Monday, but it’s getting snubbed by AMC and Regal. The streaming service’s two best picture nominees — “The Irishman” and “Marriage Story” — will not be included in either of the theater chains’ best picture showcases. In the wake […]
TGI Fridays plans to revamp its bars as it prepares to go public again
People outside a TGI Fridays in Dublin city center. On Friday, March 15, 2019, in Dublin, Ireland. Artur Widak | NurPhoto | Getty Images T.G.I. Fridays, which is known for being the original singles bar, is planning to revamp its bar business as the company prepares to be publicly traded again for the first time […]
Netflix leads Oscar nominations with 24 nods
Robert De Niro, Al Pacino and Ray Romano star in Martin Scorsese’s “The Irishman.” Netflix For the first time in Academy Award history, the studio with the most nominations is a streaming service. On Monday, Netflix nabbed 24 nominations for the big awards ceremony, more than any other media company in the industry this year. […]