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Retail
How buy now, pay later loans could affect your credit score
Buy now, pay later options are seemingly everywhere lately. But there's one place they're notable absent: your credit report.Up until now, installment payments have largely gone undetected, primarily because most lenders don't report…
NRF rejects Shein membership as retailer pursues U.S. IPO
A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023.Scott Olson | Getty ImagesChinese-founded fast fashion behemoth Shein isn't just working to win over lawmakers in Washington, D.C., as it gears up for a…
Sweetgreen, Chipotle and Wingstop aren’t seeing a consumer slowdown
A food delivery messenger carries a take-out bag outside a Sweetgreen in Manhattan, New York City, on Sept. 14, 2023.Jeenah Moon | The Washington Post | Getty ImagesHigh-income consumers helped Chipotle Mexican Grill, Wingstop and…
Fat Brands, chair Andy Wiederhorn indicted in $47 million loan scheme
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger, Johnny Rockets and Twin Peaks.Shares…
Casinos face shareholder votes over indoor smoking
A new strategy has emerged in the battle to ban smoking in casinos: the shareholder vote.Shareholders at Boyd Gaming, Bally's Entertainment and Caesars Entertainment will put on the ballot at the respective casino companies proposals to…
Organized theft ring that targeted Macy’s charged in NYC
The Macy's logo is seen at its store in Herald Square in New York City on Jan. 19, 2024.Michael M. Santiago | Getty ImagesA New York beauty store just blocks away from the Empire State Building resold more than $1 million worth of goods…
Oddity Tech (ODD) earnings Q1 2024
As Ulta Beauty says it expects a slowdown in retail's most resilient category, an upstart says it is bucking the trend. Oddity Tech, the newly public Israeli cosmetics platform that uses artificial intelligence to develop products,…
What we know about the consumer so far
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty ImagesThe state of the consumer in 2024 is already taking shape — even before the country's major retailers begin to report…
We’re buying 2 unfairly punished stocks and 1 on an analyst call
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. U.S. stocks were higher Thursday as Wall Street mulled over the Federal Reserve's…
Peloton CEO Barry McCarthy steps down, 15% of staff laid off
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho.Kevin Dietsch | Getty ImagesPeloton announced Thursday that CEO…