Brands + Retail

Latest News

  • Verizon workers take part in a rally as they negotiate a union contract in New York
    Verizon's workers say no strike for now, union talks continue

    Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired. Since June, the …

    Verizon workers take part in a rally as they negotiate a union contract in New York

    Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired. Since June, the unions have been in talks with Verizon over the company's plans to cut costs by controlling healthcare and pension-related …

  • The World Trade Organization WTO logo is seen at the entrance of the WTO headquarters in Geneva
    Canada, Mexico push for $3 billion in sanctions against U.S

    Canada and Mexico will seek World Trade Organization authorization to impose over $3 billion in sanctions against U.S. exports in retaliation against contentious meat-labeling laws, the two nations said …

    The World Trade Organization WTO logo is seen at the entrance of the WTO headquarters in Geneva

    Canada and Mexico will seek World Trade Organization authorization to impose over $3 billion in sanctions against U.S. exports in retaliation against contentious meat-labeling laws, the two nations said on Thursday.

  • Loblaw Expansion 20150309
    Loblaws closing 52 unprofitable stores over next 12 months

    Loblaw Companies Ltd. plans to close 52 unprofitable stores in Canada over the next year, it says in its second-quarter earnings release. "The list includes gas bars, Joe Fresh standalone stores and select …

    Loblaw Expansion 20150309

    Loblaw Companies Ltd. plans to close 52 unprofitable stores in Canada over the next year, it says in its second-quarter earnings release. "The list includes gas bars, Joe Fresh standalone stores and select pharmacies and grocery stores," a spokesperson with the company told CBC News. Loblaw Companies has more than 2,300 …

  • The Force is with Hasbro as movie licenses power sales

    From T-Rex to Yoda, Hasbro has its toy cupboard full for the next two years. Thanks to licenses with studios rolling out movies based on blockbuster franchises such as Jurassic Park, Star Wars and X-Men, …

    Brian Goldner, President and CEO of Hasbro Inc., speaks at the Reuters Consumer and Retail Summit in New York

    From T-Rex to Yoda, Hasbro has its toy cupboard full for the next two years. Thanks to licenses with studios rolling out movies based on blockbuster franchises such as Jurassic Park, Star Wars and X-Men, Hasbro is on track for record sales this year and the next. Shares of the second-biggest U.S. toymaker after Mattel …

  • Canadian boutique adviser INFOR expands reach with acquisition

    Boutique advisory firm INFOR Financial Group said on Sunday it agreed to buy the Canadian operations of U.S. underwriting services provider Incapital Holdings, boosting its presence in the Canadian investment …

    Neil Selfe, Chief Executive of INFOR Financial Group, is pictured in this handout photo

    Boutique advisory firm INFOR Financial Group said on Sunday it agreed to buy the Canadian operations of U.S. underwriting services provider Incapital Holdings, boosting its presence in the Canadian investment banking market. The acquisition will make Toronto-based INFOR a registered investment dealer and full-service underwriter …

  • Rona buying 20 stores in Quebec, Ontario, eliminating franchise structure

    MONTREAL - Home renovation company Rona hopes to compete more effectively with large U.S. rivals by eliminating its franchise structure through the purchase of 20 stores that date to its entry into big-box …

    Rona buying 20 stores in Quebec, Ontario, eliminating franchise structure

    MONTREAL - Home renovation company Rona hopes to compete more effectively with large U.S. rivals by eliminating its franchise structure through the purchase of 20 stores that date to its entry into big-box ...

  • McDonald's is losing fierce fast-food fight

    In the fast-food fight for customer spending, the restaurant giant is struggling.

    McDonald's is losing fierce fast-food fight

    In the fast-food fight for customer spending, the restaurant giant is struggling.

  • McDonald's vs Shake Shack: 4 burger joint trades

    Shake Shack and McDonald's have gained some momentum, and "Fast Money" traders picked their favorite burger stock.

    McDonald's vs Shake Shack: 4 burger joint trades

    Shake Shack and McDonald's have gained some momentum, and "Fast Money" traders picked their favorite burger stock.

  • Playphone Game Store Expands into Asia With GASH Prepaid Game Cards at 114,000 Retail Outlets

    Playphone®, Inc., a global leader in mobile social gaming and recently acquired by premier game developer GungHo, announced today a partnership with Gamania Digital Entertainment Co., Ltd.

    Playphone Game Store Expands into Asia With GASH Prepaid Game Cards at 114,000 Retail Outlets

    Playphone®, Inc., a global leader in mobile social gaming and recently acquired by premier game developer GungHo, announced today a partnership with Gamania Digital Entertainment Co., Ltd.

  • Heartland, Springboard Retail Collaborate to Deliver Integrated POS for SMBs

    Heartland Payment Systems , one of the nation’s largest payment processors, today announced it is working with Springboard Retail, to provide small to mid-size businesses with Springboard Retail’s cloud-based …

    Heartland, Springboard Retail Collaborate to Deliver Integrated POS for SMBs

    Heartland Payment Systems , one of the nation’s largest payment processors, today announced it is working with Springboard Retail, to provide small to mid-size businesses with Springboard Retail’s cloud-based POS and retail management software and Heartland credit/debit card data payment solution.

  • US Retail Sales Were Disappointing in June

    Retail sales account for about one-third of all consumer spending. They fell by 0.30% in June. The market was expecting 0.20%–0.30% month-over-month growth.

    Retail sales account for about one-third of all consumer spending. They fell by 0.30% in June. The market was expecting 0.20%–0.30% month-over-month growth.

  • Target has the edge; can Walmart catch up?

    Greg Foran and Brian Cornell mark their one-year anniversaries at Walmart U.S. and Target next month.

    Target has the edge; can Walmart catch up?

    Greg Foran and Brian Cornell mark their one-year anniversaries at Walmart U.S. and Target next month.

  • McDonald’s in 2Q15: Financial Highlights and Management Guidance

    McDonald's third-quarter earnings will be critical for investors, as these will reflect the first full quarter under the new management structure.

    McDonald's third-quarter earnings will be critical for investors, as these will reflect the first full quarter under the new management structure.

  • Out with luxury retail, in with off-price: Analyst

    Retailers specializing in off-price merchandise are positioned to win as investors shun fashion risk and look for quality, Oliver Chen tells CNBC.

    Out with luxury retail, in with off-price: Analyst

    Retailers specializing in off-price merchandise are positioned to win as investors shun fashion risk and look for quality, Oliver Chen tells CNBC.

  • McDonald's serves up a new franchise plan

    McDonald's plans to sell company-owned stores as franchises, a move that its competitors have already embraced.

    McDonald's serves up a new franchise plan

    McDonald's plans to sell company-owned stores as franchises, a move that its competitors have already embraced.

  • Burger King/Tim Hortons owner profit gets boost from new menu items

    Restaurant Brands International Inc , formed out of Burger King's takeover of Canadian coffee chain Tim Hortons last year, reported a better-than-expected quarterly profit as new menu items helped attract …

    A Tim Hortons coffee cup is seen on the ground outside a shop near Times Square in New York

    Restaurant Brands International Inc , formed out of Burger King's takeover of Canadian coffee chain Tim Hortons last year, reported a better-than-expected quarterly profit as new menu items helped attract customers. The world's third-largest fast-food restaurant group's shares rose 7.5 percent to a five-month high on …

  • McDonald’s in 2Q15: A Long Way to Go in the US Market

    "Value, service, and menu" is what management delivered in the US market during the most recent quarter. The biggest value that McDonald’s offers to its customers is price point.

    "Value, service, and menu" is what management delivered in the US market during the most recent quarter. The biggest value that McDonald’s offers to its customers is price point.

  • Starbucks Drove More Traffic to Its Stores in 3Q15

    Why traffic increased in 3Q15 Starbucks has a strong loyalty program known as My Starbucks Rewards, or MSR, with 10.4 million active members. Membership increased 28% year-over-year in 3Q15. This…

    Why traffic increased in 3Q15 Starbucks has a strong loyalty program known as My Starbucks Rewards, or MSR, with 10.4 million active members. Membership increased 28% year-over-year in 3Q15. This…

  • How Starbucks’s Segments Contributed to Its 3Q15 Growth

    Starbucks's (SBUX) Americas segment contributes about 70% of the company's operating income, making it the company's most important segment.

    Starbucks's (SBUX) Americas segment contributes about 70% of the company's operating income, making it the company's most important segment.