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Chili’s Parent Brinker Reports Growth Driven by Value and Customer Experience
Chili’s Parent Brinker Reports Growth Driven by Value and Customer Experience
November 01, 2023  |  Earnings

Brinker International, the parent company of casual restaurant chains Chili’s and Maggiano’s, reported strong performance and growth for the quarter ended Sept. 27. During a Wednesday (Nov. 1)...

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Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
May 24, 2023  |  Earnings

Showing the enduring strength of the in-store experience, Kohl’s reported an improvement in its first-quarter performance compared to last year and plans to further enhance...

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Home Depot Sales Dip 4.2% in Q1, Execs Point to Order Fulfillment as Bright Spot
Home Depot Sales Dip 4.2% in Q1, Execs Point to Order Fulfillment as Bright Spot
May 16, 2023  |  Earnings

The pandemic home improvement wave has crested, as evidenced by first quarter results reported by The Home Depot, which is seeing a deceleration in its...

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Shopify eCommerce Refocus Includes Recruiting Celebrity Brands like The Row
Shopify eCommerce Refocus Includes Recruiting Celebrity Brands like The Row
May 08, 2023  |  Retail

From luxury fashion to tequila, Shopify remains a popular choice among celebrities for launching brands. During the first quarter of 2023, Mary-Kate and Ashley Olsen’s...

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PepsiCo Faces Competition from Private Labels as Shoppers Downgrade
PepsiCo Faces Competition from Private Labels as Shoppers Downgrade
April 25, 2023  |  Earnings

As continued grocery inflation affects more consumers’ shopping habits, PepsiCo is facing new private-label competition. The multinational food and beverage giant shared on a call with analysts...

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Deliveroo’s Orders Drop by 7 Million as Consumers Cut Back
Deliveroo’s Orders Drop by 7 Million as Consumers Cut Back
April 20, 2023  |  Earnings

With rising price pressures worldwide, aggregators are seeing consumers cut back. United Kingdom-based food delivery aggregator Deliveroo shared in its first quarter financial report Thursday (April 20) that orders...

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Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
April 20, 2023  |  Earnings

The collapse of Silicon Valley Bank (SVB) disproportionately affected regional banks, as its over-the-weekend failure last month spurred a deposit flight to the presumed safety of “too big to...

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Just Eat’s 14% Drop in Orders Suggests Inflation Taking Toll on Delivery
Just Eat’s 14% Drop in Orders Suggests Inflation Taking Toll on Delivery
April 19, 2023  |  Earnings

Just Eat Takeaway.com’s declining orders suggest consumers are making more conservative choices about food spending. The multinational restaurant delivery aggregator saw orders fall by 14% year...

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JPMorgan: Consumers Continue to Spend, but ‘Storm Clouds’ Loom 
JPMorgan: Consumers Continue to Spend, but ‘Storm Clouds’ Loom 
April 14, 2023  |  Earnings

Consumers continue to wield their debit and credit cards online and at the register. But the storm clouds, to use JPMorgan Chase CEO Jamie Dimon’s...

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