Sales

Shoppers stand in line waiting for a Victoria's Secret store to open on Black Friday at Tysons Corner Center in Tysons, Virginia on November 27, 2020.Hannah McKay | ReutersVictoria's secret parent company L Brands said Thursday that sales…

A Cinemark employee serves popcorn to a customer at a concession booth in Cinemark's Century 16 at the South Point Hotel & Casino on August 14, 2020 in Las Vegas, Nevada.Ethan Miller | Getty Images News | Getty ImagesJust days before…

This holiday season, gift card spending could spike, and that could help boost retail sales over the next year, former US President and CEO of Walmart Bill Simon told CNBC on Thursday.Payment service Blackhawk Network found in a survey that…

Michael Rubin, chairman of the board of directors of online sportswear giant Fanatics, told CNBC on Wednesday that retail sales this holiday season were negatively impacted by shipping problems."There was so much pressure on the various…

Customers arrive at an Olive Garden location in San Antonio, Texas.Callaghan O'Hare | Bloomberg | Getty ImagesDarden Restaurants reported quarterly sales on Friday that fell short of analysts' expectations as another wave of pandemic food…

Michael Happe, Winnebago CEO, told CNBC on Friday that he expected the coronavirus pandemic-inspired surge in recreational vehicle sales to continue into next year.The comments came after the Forest City, Iowa-based company reported strong…

Nike reported quarterly sales and earnings on Friday that exceeded analyst estimates. This is due to triple-digit online growth in North America and strong Chinese consumer demand for sneakers and workout clothing.Due to the pandemic,…

Lululemon Athletica store exterior, Ponce City Market.John Greim | LightRocket | Getty ImagesLululemon reported sales of $ 1.1 billion on Thursday, up 22% year over year, beating analysts' estimates as shoppers visited the retailer's…

Given mounting pressure on its role in the opioid crisis, McKinsey has taken the unusual step of recognizing that its collaboration with Purdue Pharma has fallen short of its standards and praised a full internal review of its actions,…