Rent the Runway, the clothing subscription start-up that had operated five stores in major U.S. cities is closing all stores and said it does not plan to reopen, but instead will focus investments online and grow its network of drop boxes.
Advanced technologies such as artificial intelligence and robotics are being implemented daily into the workforce. As a result, modernization of the workforce is imperative to meet global demands with some positions key in helping business meet new demands.
Stage Stores, which operates department store brands in predominantly rural areas and small and mid-sized markets, is preparing for a bankruptcy filing that could come as soon as next week, people familiar with the situation tell CNBC.
J. Crew is preparing for a bankruptcy filing that could come as soon as this weekend and is working to secure $400 million to fund operations in bankruptcy, people familiar with the matter tell CNBC.
CNBC's Squawk Alley, which brings viewers up to the minute news on the intersection of Wall Street and technology, recently highlighted the upward trend of Snap shares, and were joined by CEO of Snap Evan Spiegel.
Neiman Marcus is expected to pursue its bankruptcy filing and is in talks with its current lenders about raising roughly $600 million in emergency financing to fund operations through the restructuring, people familiar with the situation tell CNBC.
Products marketed to women are often more expensive than similar products and services for males. From haircuts to medication, gender-based pricing is problematic for female and male consumers alike, and it's costing tens of thousands of dollars over a lifetime.
Organized retail crime costs retailers nearly $778,000 per $1 billion in sales in 2018, an all-time high, according to a National Retail Federation survey. In the past three quarters, Home Depot reported that an increase in "shrink" hurt its financial results.
At the recent CNBC Evolve Conference held in Los Angeles, Becky Quick, the co-anchor of CNBC’s Squawk Box interviewed the president and CEO of Walmart, Doug McMillion on the future of the superstore as it fights online options and recent tragedies.
Under Armour CEO and Chairman Kevin Plank along with Under Armour President and COO Patrik Frisk spoke with CNBC’s Courtney Reagan on CNBC’s "Squawk Box" today, at the new NYC store in the Westfield World Trade Center shopping center.
Joining us this morning on CNBC's Squawk Box is Chris Hughes, the Economic Security Project Co-Chair and Facebook Co-Founder. He's joining us today to talk about Facebook and the growing calls for a crackdown on America's biggest tech companies.
The following is FIRST ON CNBC interview with the Mondelez, the international snack/confections company, CEO Dirk Van de Put and CNBC's Sara Eisen on CNBC's "Squawk on the Street" who discusses profits, the edible space, and R-rated Oreo's.
With the Boeing 737 Max Jet still grounded, and the air transportation giant attempting to restore the corporate damage, consumer faith, and correct the malfunctioning safety feature, Airlines are looking to other providers to get fleets flying again.
CNBC’s “Squawk on the Street” and CNBC’s “Squawk Alley” are Live from the 2019 Milken Institute Global Conference in Los Angeles, CA. The following are the unofficial transcripts of CNBC Exclusive interviews conducted by CNBC’s David Faber.
CNBC’s “Squawk on the Street” and CNBC’s “Squawk Alley” are Live from the 2019 Milken Institute Global Conference in Los Angeles, CA. The following are the unofficial transcripts of CNBC Exclusive interviews conducted by CNBC’s David Faber.
CNBC's "Squawk on the Street" and CNBC's "Squawk Alley" are Live from the 2019 Milken Institute Global Conference in Los Angeles, CA. The following are the unofficial transcripts of CNBC Exclusive interviews conducted by CNBC's David Faber.
SAP SE and Bumble Bee Foods, North America's largest shelf-stable seafood company, announced Bumble Bee Foods is using the SAP® Cloud Platform Blockchain service to trace the journey of yellowfin tuna from the Indonesian ocean to the dinner table.
Hedge funds didn't have a great 2018. They posted a loss of 5.7 percent, according to Bloomberg. With a bigger 2019 predicted stock picks from the twelve billionaire hold even greater interest. Check out the enclosed graphics.
Squawk on the Street’s Brian Sullivan escaped the extreme cold and headed to Boco Raton, Florida, to speak with Miller Value Partners CIO and Chairman Bill Miller on Facebook growth, a healthy market and the next ten-bagger.
"Squawk on the Street" host Jim Cramer, host of CNBC's Mad Money, interviewed Starbucks CEO Kevin Johnson who explained recent gains in Starbucks shares, beta testing Starbucks Delivers, java growth in China, Alibaba partnerships and the long game.
Sara Eisen from Squawk on the Street is in Davos at the World Economic Forum meeting with business leaders beginning with Procter & Gamble's David Taylor who is celebrating another quarter of organic revenue growth for the consumer products giant.
Caesars Entertainment Corporation continues to create unique branding and licensing opportunities with four of its iconic brands - Caesars Palace, Flamingo, The Cromwell and The LINQ allowing Caesars and strategic partners to expand into global gateway cities.
Manhattan Media LLC today announced the sale of AVENUE, Manhattan's oldest society magazine, to Charles S. Cohen's Cohen Media Group. Cohen Media is the fifth owner of AVENUE in its 42 years of continuous publication.
Coca-Cola CEO and Incoming Chairman James Quincey speaks with CNBC's "Squawk on the Street" on the market shift, a bullish 2019, the first female independent lead director, new innovative beverage freestyle serve, and Coco Cola's international exchanges.
An European icon’s fall from grace is almost complete. On November 29, 170 police officers and tax investigators raided Deutsche Bank's head office and other locations in Frankfurt. The ambush was part of a money laundering probe.
CNBC's "Squawk on the Street" team met up with MACY's CEO Jeffrey Gennette, on Black Friday, the traditional start of the holiday shopping on what is widely considered a make or break shopping season for many retailers.
In a rare opportunity for retailer, landlords and real estate investors, a total of 123 Toys “R” Us and Babies “R” us owned and ground leased properties in 29 states will be auctioned in Manhattan.
Israeli cybersecurity detection and response services company CyberInt, which addresses cyber, fraud, and brand threats with a unique outside-in approach, has completed a $18 million financing round led by Viola Growth, with the participation of its existing investors.
WatchBox, the world's leading e-commerce platform for the buying, selling and trading of pre-owned luxury timepieces, now accepts bitcoin payments for the purchase of pre-owned watches, a natural next step for the fast-growing online retailer.
Covering the J.P. Morgan Healthcare Conference in San Francisco, CNBC provided this exclusive transcript of a conversation with Johnson & Johnson CEO Alex Gorsky who discussed healthcare, new technologies, breakthroughs, cures, consumer satisfaction, prescription pricing and Amazon.
Copytrack, the blockchain powered copyright registry, mediation and enforcement platform is preparing to enter the second round of the crowdsale as the highly successful pre-sale comes to an end. The Copytrack ICO will go live January 10, 2018.
CNBC’s "Squawk on the Street" team met up with MACY’s CEO Jeffrey Gennette, today, Black Friday, the traditional start of the holiday Season on what is widely considered a make or break shopping season for many retailers.
Epic Rights, a leading global music branding and merchandising company, and Japan's Pan Inc. announce a partnership to develop concert artists' fashion brands, television commercials, sponsorship and endorsements, themed restaurants, cafes and other themed experiences.
Page Six TV, from the New York Post, hosted by John Fugelsang with contributors Bevy Smith, Elizabeth Wagmeister and Carlos Greer and will deliver in-the-know gossip and news from entertainment, culture, the media, finance, real estate and politics.
In an exclusive interview with Social Life magazine, the premiere luxury publication for the Hamptons, Entrepreneur and Bahadiring Realty Founder and Principal Emir Bahadir opens up about his professional journey, life's lessons, perseverance and inspirations.
GeoGuard, the geo-location piracy prevention experts and Skyhook, the world's leading behavioral location intelligence company, today announced a collaboration that provides the content industry with the industry's first solution that ensures viewers are verifiably watching films and TV at home.
Leftovers, from Uncork’d Entertainment, presents the story of the newest face of hunger, America’s Senior Citizens, those who served when duty called, the backbone of the great manufacturing era, those who escaped tyranny for a better life.
Marcolin Group, a worldwide leading eyewear company, announced today to have signed a joint venture agreement with Rivoli Group, one of the largest luxury retailers in the Middle East area, for long-term distribution in the luxury retailers exclusive eyewear space.
Prestige beauty company, Designer Parfums, announces a new fragrance partnership with world renowned actress, singer, entertainer and producer, Jennifer Lopez. Working alongside Dilesh Mehta, Chairman and CEO of Designer Parfums, they will create new brand innovation and strategy to drive global growth.
With a moniker like "The Prince of Luxury," it's clear that Noel Shu is no ordinary entrepreneur. This 27-year-old self-made millionaire has accomplished more in business than many do in an entire lifetime, already boasting a client roster that includes billionaires, celebrities, and royal families.
Assessing the landscape and future entertainment space, The Walt Disney Company Board of Directors announced that it has extended Robert A. Iger's contract as Chairman and Chief Executive Officer to July 2, 2019.
A recent Bain & Company Luxury Study, indicated the global luxury market is growing at 4% with 2016 numbers topping $1.15 trillion, this coupled with optimistic forecasts of a continuation the upward trend, the hospitality industry is gearing up for elevated demand.
Bob Iger, the Chairman and Chief Executive Officer of the Walt Disney Company, let the proverbial cat out of the bag explaining in ever so veiled language his strategic intent to retain his current position for at least two more years.
Shoptalk, which organizes the most important U.S. event for innovation in retail and ecommerce, today announced $2 million in venture capital funding to support the launch of Shoptalk Europe and announced the first group of expected premiere Shoptalk Europe speakers.
If you’ve made any New Year’s resolutions, the odds are you won’t follow through. Reports indicate that upwards of 25 percent of people who make New Year's resolutions will fail at keeping them a mere seven days into January.
When someone mentions Korean fashion, nine times out of ten they're referring to Seoul, South Korea's eye-catching street fashion scene. Chances are, most people don't know much about Korean fashion, or "K-fashion" as it is better known.
Given the innovation and success of many tech giants, it's understandable why investing in the tech sector is so appealing. Growth for the largest companies such as Facebook, Amazon, Netflix and Google or FANG investing has been impressive, beating out all the major market indices.
It's one thing to predict the next Google, Facebook or Uber -- the hot companies of the future that will define the next decade of enterprise and investing. But what about predicting the next Borders or Blockbuster? Sometimes big business flops can be just as spectacular as corporate success stories.
Media moguls are making the moves with television and cable networks and print and digital publications slicing longtime staffers and adding new, fresh talent as retirement woes, the desk shuffle, promotions, advancements, and greener pastures fill the crisp autumn air.
In accepting the Democratic nomination, Hillary Clinton became the first woman to run for president on a major party ticket. She highlighted this breakthrough -- and possibly referenced rapper Lil Wayne -- in her acceptance speech, saying, "when there are no ceilings, the sky's the limit."
Generally, betting on individual stocks is a crapshoot. In 2015, 70 percent of investors lost money , the worst year since the Great Recession. The once-mighty oil industry hasn’t seen solid returns for several years, while other sectors have been mixed.
Following Apple’s first down quarter in over a decade and mixed reviews for the company’s recent Worldwide Developers Conference, an ominous question is making the rounds.
Picture a home of your own, a white-picket fence, front porch, yard or view. Sound like a fairy tale? Homeownership appears increasingly elusive to a large population subset, but a whopping 72% or $8.74 trillion of U.S. debt is mortgage-related, according to MarketWatch.
In 2016, it’s easier than ever to play the financial markets. From the explosion of online brokers to the rise of robo-advisors, armchair investors have dozens of tools just a few clicks or taps away. Daily trading is a snap. Deep financial research has never been more widely available. If anything, you’d be a fool not to jump in, right?
Jim Tramel, a Silicon Valley executive, died Easter Sunday giving his life in an attempt to save his nine-year-old daughter, the ultimate act of heroism, as she suffered an electric shock in the family pool. He was 43.
The DOW Jones Industrial continued to keep the bull market running as the world markets kept pace with the New York Stock Exchange managing to close with impressive rallies for the third straight week.
The DOW Jones Industrial followed an identical trading pattern set in the early opening Asian markets to begin the week fluctuating with deep declines and by mid-week gaining strength and momentum to end the trading week up.
The DOW Jones Industrial struggled against a sluggish economy, rising gasoline prices, an adjusted US GDP Growth rate, as nine of the most watched global markets closed up, the sluggish DOW closed down amidst political uncertainty and global instability.
The Dow Jones Industrial, fighting the Bear market, managed to rally steadily throughout the week, with only minor setbacks the DOW wasn’t able to pull itself out of the firmly held grasp of the bear market and closed down.
The National Family Law Trial Institute in Houston, Texas, today announced celebrity attorney Mark Geragos, will join its faculty in May 2016. Geragos will teach Advanced Cross-Examination (May 21 - 22, and again onMay 23 - 24, 2016).
The Dow Jones Industrial, after feeling the sting of a bear market fought the rocky start and deep declines and managed to rally, pulling itself up of the abyss and ending the week strong with a solid triple digits gains.
The Dow Jones fell sharply this week as the bear roared back mauling the New York markets with stunning deftness and taking down the majority of the ten most watched markets in the world leaving only two unscathed.
The Dow Jones roared back with a solid showing, keeping the bear at bay, closing up nearly 400 points, along with the ten most watched markets that maintained a strong solid showing, closing up and calming investors.
After buying Lucasfilm for $4 billion in 2012, The Walt Disney Company had to wait three years for its investment to begin paying tangible dividends. If, however, the initial box-office performance of “Star Wars: The Force Awakens” is a sign of things to come, then the wait was well worth it.
The Dow Jones Industrial market bounced back from a very bad week and, assisted by global markets, managed to calm deeply skittish investors concerned over a long term bear market and another devastating market mauling.
The Dow Jones Industrial, unable to stabilize, suffered through a tumultuous week with strong reaction to world markets, the DOW pitched violently throughout the week and closed the trading week historically low with a devastating triple digit loss.
The Dow Jones Industrial opened the first full week of trading ringing in the New Year with historic and stunning losses, a mauling reminiscent of the DOW’s third quarter as the bear market pummeled the majority of the World’s most watched markets.
The Dow Jones Industrial closed the trading week down with a stunning loss as the bear market pummeled the three main U.S. and once again mauling seven of the ten most watched global markets with equal intensity.
The Dow Jones and S&P500 closed down on a short holiday week, with the majority of the ten most watched global markets also operating on a abbreviated trading week with the exception of the Nikkei, the markets split evenly.
The Dow Jones Industrial closed the trading week down with a stunning loss as the bear market pummeled the three main U.S. and once again mauling nine of the ten most watched global markets with equal intensity.
Marcolin Group, a worldwide leading eyewear company, announced today to have signed a joint venture agreement with Rivoli Group, one of the largest luxury retailers in the Middle East area, for long-term distribution in the luxury retailers exclusive eyewear space.
Julianne Moore and Abby Quinn stars of the indie drama After the Wedding along with director Bart Freundlich recently participated in the media day for the film that is receiving raves for its emotional performances and brilliant directing.
Battle los Angeles, the gritty war sci-fi drama, directed by Jonathan Liebesman has captured audiences throughout the world with its realistic raw portrayal of a nation, a world, on the brink of annihilation.
Scott McMillan, 3, according to the Chester County Township District Attorney Tom Hogan, was the victim of sadistic torture and repeated beatings, of which killed him after a beating spree that began after he refused to eat breakfast.
President Trump, in his effort to appeal to pockets of conservative voters in the 2020 general election signed executive grants of clemency granting full pardons to several high-profile individuals representing San Francisco, New York City, Silicon Valley and Illinois.
ARTHUR CHIRSTMAS, from COLUMBIA PICTURES, SONY PICTURES ANIMATION and AARDMAN PRODUCTIONS lights up the screen with this charming, fast action, holiday adventure filled with all the happiness of the yuletide season.
The House of Chanel debuted its Fall Winter 2018 Haute Couture collection designed by artistic director Karl Lagerfeld to rave reviews with a captivating and enchanting display of lovely garments, powerful in simplicity, perplexing, enigmatic, mysterious. Stunning.
Mother’s Day has passed and the pleasure of gifting Mom may end with a hit or miss and still finding a gift guaranteed to please can be as easy as a gift guide search to keep ideas fresh and unexpected.
Are we witnessing the emergence of a kinder, gentler Quentin Tarantino? Once Upon a Time in Hollywood introduces Tarantino as a storyteller who doesn’t punctuate each scene, on eight-minute intervals, with squeamish and often gratuitous violence.
The poverty of French political discourse raises questions about the capacity of our society to renew itself and to emerge from a facility that borders on passivity and institutionalized mediocrity and evolve into a thriving multicultural mecca.
James Eagan Holmes, former doctoral student, has been found guilty in the Aurora movie theater attack that left 12 dead and more than 58 injured as he stormed, in paramilitary fashion, the midnight showing of the film, The Dark Knight Rises.
Maze Runner: The Death Cure, from Twentieth Century Fox, presents the third installment in the wildly popular Maze Runner Franchise, with sharp, crisp stunts and special effects, unexpected twists and shocking turns and an explosive, climatic, finale.
Voices Against Brain Cancer, in partnership with New York Road Runners, will host its annual “Join the Voices! Run/Walk” on Sunday, December 2, 2012 in Central Park, New York at 8:15am.
Twin bomb blasts denoted at Istanbul Turkey’s Ataturk International airport after three suicide terrorists began firing shots into the crowded terminal killing 41 and injuring hundreds as the Islamic state terrorist organization has claimed responsibility.
In the summer of 2015, as Memphis exploded with protests over the police killing of a 19-year-old man, activists began hearing on Facebook from someone called Bob Smith. The name was generic, and so was his profile picture: a Guy Fawkes mask, the symbol of anti-government dissent.
