About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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“There’s no doubt that like others we’re currently benefiting from a very strong consumer environment, perhaps the strongest I’ve seen in my career,” Target CEO Brian Cornell told analysts on a call Wednesday.
More shoppers flocked to Walmart stores and spent more per trip, the company says.
“It’s pretty simple,” Aldi U.S. CEO Jason Hart tells CNBC. “We are going where competitors are, we like to be close to the competition for convenience reasons for our customer.”
Nike will raise salaries for more than 7,000 employees and change how it awards annual bonuses to its global staff in an attempt to address concerns about pay equity and corporate culture, CNBC has learned.
The company is expected to take almost 50 percent of the U.S. e-commerce market by year’s end.
Toys R Us will shutter its doors in the U.S. Friday, leaving in its wake a great deal of sadness, pockets of anger and some slim hope. The retailer filed for bankruptcy this past September with $4.9 billion in debt, a vestige from its $6.6 billion acquisition by Kohlberg Kravis Roberts, Bain Capital Partners and …
Kroger is partnering with autonomous car company Nuro.
Dominic Chu reports on golf retailers cashing in on the U.S. Open golf championship by updating traditional attire.
Courtney Reagan reports on the suicide of the fashion designer formerly known as Kate Spade, and how her eponymous style changed women and the fashion industry.
Mike Blake | Reuters A Walmart department manager helps stock shelves with school supplies in San Diego. Walmart hopes that helping send its workers back to college will keep them with the company. The nation’s biggest private employer announced Wednesday morning, at the start of its annual shareholders meeting in Bentonville, Arkansas, that it will begin …
Landlords are still grappling with how to fill those spaces being vacated by department store chains.
Kate Rogers breaks down the latest quarterly numbers from Walmart.
A first-quarter beat was not enough for Walmart‘s stock to bounce. One trader sees positive signs in its technicals that could bring about a rebound instead. “Walmart is at a critical spot,” said Frank Cappelleri, senior equity trader at Instinet, on CNBC’s “Trading Nation” on Wednesday. Shares of the world’s largest retailer have seen a four-month …
Retail analysts say Macy’s might have the right formula for winning the retail race in the digital age.
Courtney Reagan takes a look at what helped Macy’s stronger than expected earnings this quarter.