Retail industry

E.l.f. Beauty on Thursday cut its full-year guidance after seeing a 36% drop in profits and "softer than expected" sales trends in January, marking a rare downturn for one of beauty's hottest brands. The cosmetics company reported…

Peloton told investors Thursday it still has a "steep hill to climb" to achieve profitable growth under its new CEO and won't be ready to focus on boosting sales until it fixes its balance sheet.The bike maker posted mixed fiscal…

Walmart is now a mall owner.On Tuesday, the big-box retailer confirmed that it bought Monroeville Mall, which is roughly 12 miles east of Pittsburgh.In a statement, Walmart said it "is very interested in being part of any future…

The new and old versions of the classic Barbie dolls are on display at Mattel Design Center in El Segundo, California, on Feb. 22, 2024.Mario Anzuoni | ReutersMattel could soon raise the prices of toys such as Barbie and Hot Wheels in…

A Chipotle restaurant stands in Manhattan, New York City, on Feb. 6, 2024.Spencer Platt | Getty ImagesChipotle Mexican Grill on Tuesday said traffic to its restaurants keeps rising, helping the company top analysts' estimates for its…

Boxes of avocados are seen at the Central de Abastos market in Guadalajara, Jalisco state, Mexico, on Jan. 31, 2025.Ulises Ruiz | Afp | Getty ImagesChipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs…

Rapeepong Puttakumwong | Moment | Getty ImagesFrom jewelry and clothes to food waste, a growing number of sectors are focusing on operating as part of a "circular economy," aiming to waste less — and reap the financial benefits in the…

Ontario Premier Doug Ford speaks during a campaign stop at Walker Construction in Niagara Falls, Ontario, Canada, January 31, 2025. Carlos Osorio | ReutersOntario will pull all American alcohol from its government-run liquor shelves…

There's a new shopping sidekick in town: generative AI. Looking for gift ideas and bargains, online shoppers flocked to artificial intelligence chatbots in droves this holiday season. Retailers reaped the benefits, particularly portfolio…

A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein's Christmas bus tour, in Manchester, Britain, December 13, 2024. Temilade Adelaja | ReutersShein is ramping up its charm offensive again as the…