Brands + Retail

A Lululemon store logo is pictured on a shop in Santa Monica

Lululemon quarterly sales top expectations, shares jump

Reuters - Canadian yoga and leisure apparel retailer Lululemon Athletica Inc on Wednesday reported quarterly profit that beat analysts' forecasts, helped by higher-than-expected gross margins and sales. Gross…

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  • Sandy Roberts pours samples of Starbucks Reserve Sun Dried Ethiopia Yirgacheffe coffee during the company's annual shareholders meeting in Seattle
    Starbucks courts millennials with $10 coffee at new Reserve bars

    Schultz in April will move into the role of executive chairman to focus on opening 1,000 new "Reserve" brand stores and adding Reserve bars to 20 percent of its traditional cafes, which now number 25,000 …

    Sandy Roberts pours samples of Starbucks Reserve Sun Dried Ethiopia Yirgacheffe coffee during the company's annual shareholders meeting in Seattle

    Schultz in April will move into the role of executive chairman to focus on opening 1,000 new "Reserve" brand stores and adding Reserve bars to 20 percent of its traditional cafes, which now number 25,000 around the globe. Starbucks also envisions as many as 30 large, showcase Reserve Roastery and Tasting Rooms in major …

  • Starbucks Chairman and CEO Schultz delivers remarks at the Starbucks 2016 Investor Day in Manhattan, New York
    Starbucks sets five-year growth targets, to open 12,000 more stores

    The company said it would add 12,000 stores globally by 2021 and target comparable sales growth in mid-single digits and profit growth of 15-20 percent a year. The feature will be tested first on Apple …

    Starbucks Chairman and CEO Schultz delivers remarks at the Starbucks 2016 Investor Day in Manhattan, New York

    The company said it would add 12,000 stores globally by 2021 and target comparable sales growth in mid-single digits and profit growth of 15-20 percent a year. The feature will be tested first on Apple Inc's (NasdaqGS:AAPL - News) iOS operating system in early 2017, Starbucks said at its investor conference on Wednesday. …

  • 'Pokémon GO' Starbucks Update Will Bring 100 Gen 2 Pokémon To App
    'Pokémon GO' Starbucks Update Will Bring 100 Gen 2 Pokémon To App

    Looks like the moment every "Pokémon GO" player has been waiting for is finally arriving this week. A special event is reportedly launching this Thursday, and it will launch with the second-generation …

    'Pokémon GO' Starbucks Update Will Bring 100 Gen 2 Pokémon To App

    Looks like the moment every "Pokémon GO" player has been waiting for is finally arriving this week. A special event is reportedly launching this Thursday, and it will launch with the second-generation Pokémon.

  • People walk past a store of yogawear retailer Lululemon Athletica in downtown Vancouver
    A shift from yoga pants may leave Lululemon investors in a sweat

    Mutual funds that bought Lululemon Athletica's (NasdaqGS:LULU - News) stock in recent months may find themselves in a cold sweat if the retailer's quarterly report on Wednesday shows strong signs that …

    People walk past a store of yogawear retailer Lululemon Athletica in downtown Vancouver

    Mutual funds that bought Lululemon Athletica's (NasdaqGS:LULU - News) stock in recent months may find themselves in a cold sweat if the retailer's quarterly report on Wednesday shows strong signs that leggings and other yoga apparel are falling out of fashion. Lululemon already faces relentless competition from Under Armour …

  • As temperatures plunge, demand for winter clothing surges on the street
    As temperatures plunge, demand for winter clothing surges on the street

    By Tuesday, the temperature in Edmonton had plunged to –22 C, with a biting wind chill that can make it feel like –32. The brutally cold temperatures are dangerous for people living on the streets, said …

    As temperatures plunge, demand for winter clothing surges on the street

    By Tuesday, the temperature in Edmonton had plunged to –22 C, with a biting wind chill that can make it feel like –32. The brutally cold temperatures are dangerous for people living on the streets, said Kris Knutson, director of programs at the Mustard Seed. "When the temperatures drop to being this cold, there can be …

  • How to find out if that retail membership is actually worth the price

    Retail memberships are on the rise, but an expert explains to CNBC the steps consumers should take to figure out if it works for them.

    How to find out if that retail membership is actually worth the price

    Retail memberships are on the rise, but an expert explains to CNBC the steps consumers should take to figure out if it works for them.

  • Exclusive: McDonald's to keep up to 25 percent stake in China, HK stores - source

    McDonald's Corp (NYSE:MCD - News) is looking to raise $1 billion to $2 billion with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep "a significant minority stake …

    People walk past the entrance to a McDonald's restaurant in Shanghai

    McDonald's Corp (NYSE:MCD - News) is looking to raise $1 billion to $2 billion with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep "a significant minority stake in the business," a person with direct knowledge of the plans said on Tuesday. McDonald's wants exposure to future growth …

  • Canadian retailer Hudson's Bay's quarterly sales rise about 29 percent

    The company's consolidated retail sales increased to C$3.30 billion in the quarter ended Oct. 29, from C$2.57 billion a year ago. The retailer reported a net loss of C$125 million in the quarter, compared …

    A man exits a Hudson's Bay department store in Toronto

    The company's consolidated retail sales increased to C$3.30 billion in the quarter ended Oct. 29, from C$2.57 billion a year ago. The retailer reported a net loss of C$125 million in the quarter, compared with a net profit of C$7 million, a year earlier.

  • McDonald's caffeine surge: Burger chain to refresh its $4 billion coffee brand

    McDonald's is slated to revamp its $4 billion coffee brand in 2017 as part of an effort to take on rivals Starbucks and Dunkin' Donuts, Bloomberg reports.

    McDonald's caffeine surge: Burger chain to refresh its $4 billion coffee brand

    McDonald's is slated to revamp its $4 billion coffee brand in 2017 as part of an effort to take on rivals Starbucks and Dunkin' Donuts, Bloomberg reports.

  • 13 inspiring quotes on leadership and success from Starbucks CEO Howard Schultz

    One of the most influential business leaders of his generation is also one of the most thought-provoking.

    13 inspiring quotes on leadership and success from Starbucks CEO Howard Schultz

    One of the most influential business leaders of his generation is also one of the most thought-provoking.

  • Arizona Woman Arrested For Planning Attack On Walmart

    Police officers in Prescott apprehended Ebonice Johnson, a store employee who had a .22-caliber rifle which she said she planned to use.

    Arizona Woman Arrested For Planning Attack On Walmart

    Police officers in Prescott apprehended Ebonice Johnson, a store employee who had a .22-caliber rifle which she said she planned to use.

  • How Starbucks' Howard Schultz went from the projects to creating 300,000 jobs and a $3 billion fortune

    The legendary leader of the Seattle-based coffee empire has actually lived the American dream.

    13 inspiring quotes on leadership and success from Starbucks CEO Howard Schultz

    The legendary leader of the Seattle-based coffee empire has actually lived the American dream.

  • Why Home Depot's CFO gets out of bed paranoid every day

    Carol Tomè gets up every morning ready to fight the competition.

    Why Home Depot's CFO gets out of bed paranoid every day

    Carol Tomè gets up every morning ready to fight the competition.

  • Here's how Wall Street is reacting to Starbucks CEO Schultz stepping down

    Most top Wall Street analysts, though surprised by the timing of the news, tell clients impact on growth is likely to be negligible.

    Here's how Wall Street is reacting to Starbucks CEO Schultz stepping down

    Most top Wall Street analysts, though surprised by the timing of the news, tell clients impact on growth is likely to be negligible.

  • Read the full interview with outgoing Starbucks CEO Howard Schultz and incoming CEO Kevin Johnson

    Starbucks executives Schultz and Johnson sat down in their first TV interview since the coffee giant announced Schultz would be handing over the reins.

    Read the full interview with outgoing Starbucks CEO Howard Schultz and incoming CEO Kevin Johnson

    Starbucks executives Schultz and Johnson sat down in their first TV interview since the coffee giant announced Schultz would be handing over the reins.

  • New Starbucks CEO needs to do one thing to keep shareholders happy, top analyst says

    Incoming Starbucks CEO Kevin Johnson needs to prove to investors that he will be able to navigate managing retail, Morningstar's RJ Hottovy tells CNBC.

    New Starbucks CEO needs to do one thing to keep shareholders happy, top analyst says

    Incoming Starbucks CEO Kevin Johnson needs to prove to investors that he will be able to navigate managing retail, Morningstar's RJ Hottovy tells CNBC.

  • Cramer: 'I feel better' after Starbucks CEO Schultz expressed confidence in successor

    Cramer says when he heard the news about Starbucks, "I was immediately very disappointed because I love what Howard done."

    Cramer: 'I feel better' after Starbucks CEO Schultz expressed confidence in successor

    Cramer says when he heard the news about Starbucks, "I was immediately very disappointed because I love what Howard done."

  • Starbucks shares fall as CEO Schultz steps down

    Shares of coffee giant Starbucks fell 3 percent in premarket trading Friday after the company announced CEO Howard Schultz is leaving his post.

    Starbucks shares fall as CEO Schultz steps down

    Shares of coffee giant Starbucks fell 3 percent in premarket trading Friday after the company announced CEO Howard Schultz is leaving his post.

  • Starbucks' CEO transition unlikely to stymie growth: analysts

    Starbucks Corp (NasdaqGS:SBUX - News) said on Thursday that Schultz would step down as CEO on April 3 to focus on new high-end coffee shops, handing the top job to Chief Operating Officer Johnson, a long-time …

    Howard Schultz, CEO of Starbucks, speaks during the company's annual shareholders meeting in Seattle

    Starbucks Corp (NasdaqGS:SBUX - News) said on Thursday that Schultz would step down as CEO on April 3 to focus on new high-end coffee shops, handing the top job to Chief Operating Officer Johnson, a long-time technology executive. "Howard can't be in that position forever," Morningstar analyst R.J. Hottovy told Reuters. …

  • Billionaire Howard Schultz says Starbucks is cool with Trump and his supporters

    "Ninety-million customers a week are going through Starbucks stores, and I assume many of them voted for Donald Trump," the outgoing CEO tells CNBC.

    EXCLUSIVE: Howard Schultz says Starbucks brand not at odds with Trump and his supporters

    "Ninety-million customers a week are going through Starbucks stores, and I assume many of them voted for Donald Trump," the outgoing CEO tells CNBC.