10 pizza chains getting biggest slices of $45 billion pie


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10 pizza chains getting biggest slices of $45 billion pie
Americans spend $45 billion a year on pizza. These chains have figured out how to get the biggest slice of that pie.

The colonel’s secret recipe revealed? Not so fast, says KFC
The colonel’s secret recipe revealed? Not so fast, says KFC.

Amazon to build three more bookstores
Amazon is to expand its bricks-and-mortar footprint across the U.S., undeterred by the fact many physical bookstores have been struggling for years.

AB InBev expects to cut 3% of jobs after SABMiller takeover
Anheuser-Busch InBev expects to cut some 3 percent of its workforce after it has acquired rival SABMiller.

No, really, a Hooters girl could help you with your fantasy football draft picks
Would you ditch your living room and potluck-style fantasy draft party for a restaurant booth?

Amazon sends bizarre email in Chinese to suspended sellers
Amazon sent marketplace sellers who had been suspended an a reinstatement email … in Chinese.

Consumer sentiment ticks lower in August
A measure of consumers’ attitudes was slightly lower this month, according to new data.

Sears posts quarterly loss, taking debt from CEO’s hedge fund
Sears posted a net loss and said it accepted debt financing of $300 million from Chief Executive Edward Lampert’s hedge fund, ESL Investments.

Tiffany’s profit unexpectedly rises on lower costs, higher prices
Tiffany reported an unexpected rise in profit, driven by lower raw material costs, price hikes and high-margin jewelry sales.

Op-Ed: Best Buy won the battle, but it will lose the war
Best Buy reported better-than-expected numbers and the stock spiked. Here are four reasons to get out now, says wealth manager Michael Yoshikami.

Dollar stores can’t keep up with Wal-Mart, shares slide
Dollar Tree and Dollar General reported same-store sales results that fell short of Wall Street’s expectations.

Advertisers take note of dads’ larger role in back-to-school shopping
Fathers are more involved in back-to-school shopping, especially when it comes to mobile and online purchases.

Price wars heat up as dollar store echoes Wal-Mart’s battle cry
Three months after Wal-Mart said it would move faster to cut prices, Dollar General said it has taken a similar approach.

Want to buy a box of Tom Brady’s $50 nuts? Sorry, they’re sold out.
Tom Brady is starting to make a name for himself in the food industry.

Express shares plummet after disappointing sales from weak store traffic
Shares of Express sink after the company reported weaker-than-expected quarterly sales and earnings. .

As Sears crumbles, Penney’s and Best Buy want to pick up the pieces
Aided by both Sears’ demise and booming housing market, the growing appliance category hasn’t gotten too crowded — yet.

Healthy fast food restaurant to power its stores using clean energy
U.K. restaurant chain LEON has announced that it is using 100 percent renewable energy across all its stores.

$10,000 ticket to see just half of the Harry Potter show
Tickets for the theater show “Harry Potter and the Cursed Child” are being re-sold for a spellbinding $10,680.

Online shop One Kings Lane, once valued at $900 million, sold for under $30 million
One Kings Lane fetched less than $30 million in its recent sale to Bed Bath & Beyond, Recode reports.

Alex Toys recalls 91,000 toy sets sold at Barnes & Noble, Zulily
Alex Toys recalled about 91,000 sets of toys in the U.S. on Tuesday, saying the toys posed a choking hazard to young children.

Best Buy just proved it won’t be toppled by Amazon
It wasn’t long ago that Amazon was considered to be the death knell for Best Buy’s business. That’s no longer the case.

McDonald’s may have found a buyer for its restaurants in China, Hong Kong
McDonald’s may finally have a buyer for its 2,800 restaurants in China, Hong Kong and South Korea.

Retailer Target to focus on digital efforts, CIO says
Target will focus on technologies that enhance customers’ store experience and on other digital efforts, Chief Information Officer Mike McNamara said.

Best Buy shares soar 15% on surprise rise in same-store sales
Best Buy reported a surprise rise in quarterly comparable-stores sales, helped by strong demand for appliances and consumer electronics.

$1.3 trillion in student loan debt is crippling retail sales growth
Student debt obligations require an estimated $160 billion in annual payments.

KFC’s fried chicken-scented sunscreen ensures you won’t get extra-crispy
Working on your tan? So is KFC. Today the fried chicken chain releases Extra Crispy, a new sunscreen that smells like fried chicken, Eater reports.

Love Pikachu? This burger is for you
Down N’ Out, a restaurant in Sydney run by a group called Hashtag Burgers, has created three Pokemon-inspired burgers.

Americans aren’t done with outlet malls just yet
Traffic at outlet centers has started to rebound.

Estee Lauder shares slide after sales, guidance miss
Cosmetics maker Estee Lauder reported a smaller-than-expected rise in quarterly sales and disappointing guidance.

Stephen Curry, Kevin Durant help lift Foot Locker’s sales
Foot Locker reported an acceleration in sales from the first quarter.

Victoria’s Secret owner’s shares jump after surprising investors on earnings
Shares of L Brands are trading higher Thursday after the retailer beat analysts’ expectations a day earlier.

Long-awaited retail recovery may finally be getting started
Retailers’ bullish comments about back-to-school are adding to budding optimism that the sector is due for a modest recovery.

This chart explains Wal-Mart’s big win over Target
“Our customers like what they’re seeing in the stores,” Wal-Mart CFO Brett Biggs said.

Wal-Mart beats Street, boosts outook; to take 5 cent a share hit from Jet.com
Same-store sales in Wal-Mart’s U.S. division grew 1.6 percent, an acceleration from the first quarter’s 1 percent lift.

Best Buy celebrates 50 years with 50 hours of discounts
Best Buy’s sales event comes roughly one month after Amazon’s Prime Day.

Popeyes shares plunge on downbeat outlook, cites industrywide weakness
Popeyes blamed weaker-than-expected same-store sales growth on softness in the restaurant sector.

50 Popeyes restaurants hurt by flooding in Louisiana
Cheryl Bachelder, CEO of Popeyes, said during a conference call that the company had seen “a little bit of impact” from flooding in Louisiana.

Target’s ‘No. 1 challenge’ isn’t going to be an easy fix
“It’s going to take awhile for Target to turn this around,” one analyst told CNBC.

Urban Outfitters shares rally 15% as fashion trends boost sales
Shares of Urban Outfitters surged more than 15 percent Wednesday after the company’s sales and earnings outpaced Wall Street estimates.

Fast food’s big problem just keeps getting worse
In the battle of fast food vs. the grocery store, the drive-thru is losing out on a key measure.

Barnes & Noble fires its CEO, says he was ‘not a good fit’ for the company
Barnes & Noble CEO Ronald D. Boire has been shown the door.

Staples quarterly sales fall 3.7 percent
Staples, the No. 1 U.S. office supplies retailer, reported a 3.7 percent fall in quarterly sales, reflecting a lower store count and a strong dollar.

Target beats on earnings, lowers full-year guidance
Citing a “difficult” retail environment, Target lowers its guidance for the full year.

Lowe’s shares sink as earnings, revenue miss, full-year guidance cut
Lowe’s reported Wednesday quarterly earnings and revenue that missed analysts’ expectations, and lowered its full-year guidance.

American Apparel sets sites east after LA becomes unaffordable
American Apparel might pull up its Los Angeles roots and head east, sources told the New York Post.

Home owners are hiring pros for repairs, and that’s good news for Home Depot
Home Depot CEO Craig Menear said revenue from its so-called Pro customers grew at a faster rate than the company average.

Hain Celestial shares tumble 27% as accounting probe delays results
Hain Celestial stock could open much lower after missing guidance, delaying a 10-K filing and revealing an audit probe.

Dick’s shares jump 8 percent after chain tops estimates, raises guidance
The company’s same-store sales grew despite liquidation price cuts from The Sports Authority.

Chipotle interviews for new board member hoping to win back investors
Chipotle Mexican Grill has begun looking for a new board member in hopes that it can placate investors and jump start the burrito chain’s turnaround.

TJ Maxx owner’s third-quarter profit forecast below estimates
TJX forecast current-quarter profit below estimates, due to wage increases and a strong dollar, which eroded revenue from outside the United States.

Home Depot matches Street, boosts full-year forecast
Home Depot Tuesday reported earnings and revenue that fell roughly in line with Wall Street’s estimates.

Buy Deckers, maker of UGGs, on prospect for colder winter, says Telsey Advisory
Telsey Advisory Group upgrades Deckers Outdoor to outperform from market perform.

Iconic New York City mall to reopen this week
Nearly 15 years after the devastating Sept. 11 attacks, the World Trade Center mall will officially reopen Tuesday.

Price wars with Wal-Mart to hit Dollar General: Jefferies
Jefferies tells clients to steer away from shares of Dollar General due to stretched valuations and increased competition.

Hostess launches ‘Deep Fried Twinkies’ as first frozen treat
Hostess Brands, the maker of lunchbox treats like Ho Hos, is launching packaged “Deep Fried Twinkies” starting Friday.

Shake Shack’s free burger giveaway won’t help boost diminishing sales
Shake Shack is celebrating the opening of its 100th restaurant by giving free burgers the first 100 guests at at all its locations worldwide.

How Amazon may have mucked up the government’s retail sales number
The retail sales number, after popping in June, was mysteriously flat in July – and some of that might be because of Amazon.

Government sees record corn harvest, but some say early estimates too optimistic
So much for the bottom in grain prices some were hoping would materialize.

Nordstrom shares still up on quarterly earnings news
Shares of Nordstrom continue to rally Friday after the company posted quarterly earnings that beat estimates.

Retailers rallying, but consultant sees a big problem ahead
About 50 percent of sales will be online in 2030, retail consultant Jan Kniffen predicts.

Here’s what happens to JC Penney when Sears, Macy’s close stores
J.C. Penney CEO Marvin Ellison said the department store’s sales have seen a lift in malls where a Sears has closed.

Ruby Tuesday shares plummet 12% on disappointing sales, restaurant closures
Ruby Tuesday shares fell 12 percent after the company posted weak same-store sales and reported that it would shutter 13 percent of its restaurants.

Before you buy into the department store rally, consider this
Department stores showed much-needed signs of stabilization, but there are still causes for concern.

McDonald’s asked to take US antibiotic curbs global
A charity to stop drug-resistant bacteria asked has called for McDonald’s to stop serving food from animals raised with antibiotics.

JC Penney posts smaller-than-expected loss, but revenues fall short
Penney’s stock rises after the recovering chain posts a smaller-than-expected loss.

Starbucks’ almond milk may be a win-lose combo for the coffee chain
Starbucks may have won favor with lactose intolerant customers by adding almond milk to its menu, but it may have alienated another consumer base.

Nordstrom jumps 11 percent as earnings top Wall Street’s forecast
Nordstrom joined the department store rally Thursday.

Panera has a challenge for McDonald’s: Improve your kids’ menu
Panera Bread CEO Ron Shaich threw down the gauntlet on Thursday, challenging rival restaurants to step up their kids’ meal game.

Macy’s massive store closings deliver a harsh reality to retailers
Macy’s CEO Terry Lundgren delivered a long-awaited jolt to Wall Street, when he admitted the U.S. has too much retail space.

Jet.com is Wal-Mart’s way to stand out from the crowd: Macy’s CEO
Wal-Mart’s proposed acquisition of Jet.com would help differentiate the world’s largest retailer, Macy’s CEO Terry Lundgren said.

Wendy’s CEO: Presidential election hurting burger sales
Wendy’s is the latest fast-food restaurant to blame the presidential election for a slowdown of same-store sales.

Macy’s pops 15% after topping Street estimates, unveiling plans to close 100 stores
Macy’s will shutter 100 locations to focus on its best-performing stores, as it tries to reinvigorate its business.

Rot, mildew, frost cause one of the lowest yielding Champagne seasons since 1980s
For Champagne growers, 2016 was not a very good year, wine industry website Decanter reports.

Wal-Mart and the start-up it just bought for $3B are laser-focused on one thing
Winning e-commerce starts and ends with winning the customer, say Wal-Mart and Jet.com executives.

Ralph Lauren starting to hit its stride under new boss
Ralph Lauren may finally be starting to hit its stride following a sharp loss in the stock.

McDonald’s beats Starbucks to the pumpkin patch
Months ahead of fall, supermarket shelves are stocked with autumn flavors like cinnamon, apple and, you guessed it, pumpkin spice.

Consumer groups press Yum’s KFC to tighten antibiotic rules
Consumer groups on Wednesday will call on the Yum Brands unit to stop the routine use of antibiotics by the companies that supply its poultry.

Wendy’s stock falls 4 percent as investors fret weakening sales trends
Burger chain Wendy’s reported lower-than-expected quarterly comparable sales as a fall in grocery prices encouraged more diners to eat at home.

The Girl Scouts just lifted the veil on their latest cookie addition
Great news, Girl Scout cookie fans. A new variety is coming for the first time since 2015.

Amazon Prime Day has upended the whole concept of back-to-school sales
Data suggest that thanks to Amazon Prime Day, retailers should no longer expect a late-summer bump in sales.

Michael Kors is fed up with department stores damaging its brand
Michael Kors will no longer participate in department stores’ friends and family sales, or accept coupons for its products there.

Long-time Lululemon board member Rhoda Pitcher resigns
Long-time Lululemon Athletica board member Rhoda Pitcher has resigned, according to a filing with the Securities and Exchange Commission.

This photo shows just how different the cultures are at Wal-Mart and Jet
Simply sitting the CEOs of Wal-Mart and Jet.com next to each other shows you just how different the cultures are at the soon-to-be-wed companies.

Wayfair plunges after wider-than-expected loss
Wayfair shares dove 18 percent after the company announced that it lost an adjusted 43 cents per share.

Feel like you see Nike stores everywhere? It’s not your imagination
When you’re out traveling the world, odds are you’ll run into one of these retailers.

Coach draws the line with department stores
It’s about to get a lot harder to snag a discounted handbag at your local department store.

Wal-Mart CEO Doug McMillon on what he saw in Jet.com
Wal-Mart’s acquisition of Jet.com was in some ways a return to basics for the world’s largest retailer.

Boston-based burger joint has major beef with Chipotle’s Tasty Made logo
Boston-based Tasty Burger issues a cease and desist letter accusing Chipotle of violating its logo and name trademarks, Eater reports.

No, the sky isn’t falling. But department stores may make it seem that way soon
When department stores kick off the bulk of retail earnings season this week, you may be tempted to panic. Don’t.

Gap shares drop 4 percent as June’s turnaround evaporates
Gap’s comparable sales once again turned negative in July.

Whopper-burrito mash-up is Burger King’s newest play to boost foot traffic
Burger King is bringing another quirky product to the table: the Whopperrito.

Wal-Mart: This is why Jet.com is worth $3.3 billion
Snatching up Jet.com for $3.3 billion will alleviate multiple headaches that have stunted digital growth, the company says.

It’s official: Wal-Mart to buy Jet.com for $3.3 billion, in bid to boost its e-commerce biz
In one of the largest-ever acquisitions of an e-commerce company, Wal-Mart agreed to buy Jet.com for about $3 billion.

Kraft Heinz to rally 20% on cost cutting, Deutsche Bank says
Deutsche Bank upgrades Kraft Heinz to buy from hold.

Adidas CEO: We’re hot on Kanye, cool on golf
CEO Herbert Hainer talks up an expanded collaboration with Kanye West and tells CNBC Adidas still wants out of golf.

Shares of Coach to rally 18% on strong demand: Analyst
Shares of Coach will see positive upside driven by an improving brand image, Telsey Advisory Group says.

I’m about to triple my money on this retail stock: Trader
AlphaShark’s Andrew Keene stands to triple his money off of this retail options bet.

5 Olympic outfits to watch as the games kick off
When the Olympic Games begin Friday, the athletes representing their countries in Rio de Janeiro this year won’t be the only ones center stage.

Kraft Heinz shares jump after earnings beat
Shares of food producer Kraft Heinz popped in trading by more than 5 percent after beating earnings estimates.

QVC owner plummets 21% on sudden sales slowdown
Shares of Liberty Interactive QVC plunged after reporting a “more cautious” outlook.

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