Britain sees low-alcohol beer sales boom during Euros

Britain sees low-alcohol beer sales boom during Euros

People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of July 2024, London, United Kingdom.  Kristian Buus | In Pictures | Getty Images LONDON — While the European men’s soccer championship ended in gloom yet again for England, the tournament boosted … Read more

New Balance, WNBA sign multiyear partnership

New Balance, WNBA sign multiyear partnership

Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California.  Juan Ocampo | National Basketball Association | Getty Images New Balance on Tuesday announced a multiyear deal with the WNBA, joining a growing roster of backers … Read more

Hugo Boss shares plunge on profit warning amid slumping China demand

Hugo Boss shares plunge on profit warning amid slumping China demand

Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao’an International Airport. Alex Tai | SOPA Images | LightRocket | Getty Images) Hugo Boss shares plunged as much as 10% Tuesday after the company cut its sales outlook, becoming the latest high-end fashion line to warn of persistent woes in the … Read more

Here’s why Jim Cramer says Amazon is a buy ahead of its Prime Day event

Here’s why Jim Cramer says Amazon is a buy ahead of its Prime Day event

Amazon is a buy ahead of its annual Prime Day starting Tuesday — even as the stock has rallied hard this year. That’s because the high-quality stock is still cheap, said Jim Cramer on CNBC Monday. Consider: Shares of the e-commerce giant are up nearly 29% in 2024 compared to the S & P 500 … Read more

China’s rich shy away from flaunting wealth amid economic uncertainty

China’s rich shy away from flaunting wealth amid economic uncertainty

China’s rich are turning their backs on flaunting their wealth as the economy faces headwinds, putting the country’s luxury market under pressure. D3sign | Moment | Getty Images China’s rich are growing more cautious about flaunting their wealth as the economy faces headwinds, putting the country’s luxury market under pressure. There are emerging signs of … Read more

How AI and automation will reshape grocery stores and fast-food chains

How AI and automation will reshape grocery stores and fast-food chains

AI isn’t just a hyped innovation in the tech sector; the food industry is also investing heavily in the red-hot trend. Americans heading to the grocery store or their favorite fast-food restaurant will already have noticed the introduction of the new technology in such services as self-checkout kiosks and even AI ordering in drive-thru lanes. … Read more

We’re locking in great gains on shares of this stellar off-price retailer and padding our cash

We’re locking in great gains on shares of this stellar off-price retailer and padding our cash

We’re selling 50 shares of TJX Companies at roughly $115. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 750 shares of TJX, decreasing its weighting in the portfolio to 2.55% from 2.7%. The market was putting the finishing touches on another strong week, with Friday’s broad-based rally bringing the gains in the S & … Read more

Dollar General, Labor Department settle over safety violations

Dollar General, Labor Department settle over safety violations

A sign hangs above a Dollar General store on August 31, 2023 in Chicago, Illinois.  Scott Olson | Getty Images The U.S. Department of Labor announced a settlement Thursday with Dollar General, requiring the retailer and its subsidiaries to pay $12 million in penalties and implement significant workplace safety improvements in its more than 19,000 … Read more

PepsiCo (PEP) earnings Q2 2024 earnings

PepsiCo (PEP) earnings Q2 2024 earnings

Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023. Jakub Porzycki | Nurphoto | Getty Images PepsiCo reported mixed quarterly results Thursday, hurt by declining demand in North America for its drinks and snacks. The company also narrowed its revenue outlook for the … Read more

Costco hikes membership fee for the first time since 2017

Costco hikes membership fee for the first time since 2017

Customers exit a Costco store in Teterboro, New Jersey, on June 28, 2023. Kena Betancur | Corbis News | Getty Images You will soon have to pay more if you want to shop at Costco. The membership-based warehouse club said Wednesday that it will increase its membership fee by $5 in the U.S. and Canada … Read more