same store sales

Is Red Lobster Dead?

Darden Restaurants is looking to either spin off or sell Red Lobster, part of its plan to boost shareholder value.

Best Buy Still Has a Long Way to Go

Best Buy's quarterly results Tuesday looked pretty good, but shares still slipped. That's because expectations for the retailer are high, and it's challenges are too.

$2 Is the New $1 on McDonald's Value Menu

McDonald's is breaking the buck to offer a broader Dollar Menu. But will putting more $2 items on the menu lure burger-lovers back, or cause its customers to spend less?

Why Ruby Tuesday Will Never Be Great Again

Goodbye, Ruby Tuesday -- if not now, then soon. It's recent quarterly results show it on track to join Steak & Ale and Chi-Chi's in the Museum of Failed Restaurant Chains.

Why McDonald's Will Never Be Great Again

The Golden Arches are looking a bit drab. McDonald's had just reported tepid August numbers, despite the fast-food giant doing everything possible to amp up sales.

Is Chipotle Losing its Sizzle?

Chipotle Mexican Grill, the country's favorite quick-service chain, posted its quarterly results on Tuesday, and as respectable as its revenue growth might appear, there are some unappetizing trends hiding at the bottom of its bowl.

Has McDonald's Menu Gotten Too Expensive?

McDonald's in October suffered its first monthly decline in comparable-store sales since 2003 -- and October is usually a good month for the burger giant. So what did Ronald do wrong? Too much focus on premium menu items, too little on what its customers really want: Low cost eats.

From Supersized to Super-Sighs: Is McDonald's Growth Era Over?

McDonald's is showing signs of weakness. Goldman Sachs downgraded it shares due to a slowdown in growth. And with challenges overseas and resurgent competition everywhere, things are unlikely to turn around anytime soon for the world's largest restaurant chain.McDonald's is showing signs of tarnish on the Golden Arches. Goldman Sachs downgraded its shares due to a slowdown in growth. And with challenges overseas and resurgent competition everywhere, things are unlikely to turn around anytime soon for the world's largest restaurant chain.

Retailers Shouldn't Expect Much Holiday Cheer

The holiday shopping season is looking pretty bleak for retailers. Best Buy recently announced that it plans to hire fewer holiday workers than it did last year, and now new data from the consumer research group NPD suggests that Best Buy won't be the only chain stuck in a holiday sales rut.

Retailers Prepare for Rising Prices in a Down Economy

Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they have to focus on growing sales, regardless of the economic pressures.

Wendy's/Arby's Group Considers Spinning Off Arby's

Wendy's/Arby's Group, the third-largest U.S. fast food company, said Thursday it is considering selling the Arby's chain to focus on the Wendy's brand. Arby's is the second-largest quick-service sandwich chain in the U.S., but its performance lagged behind Wendy's during the downturn.

Gymboree Hires Goldman Sachs to Auction Itself Off

After seeing interest from potential buyers, children's clothing retailer Gymboree has hired Goldman Sachs to auction itself off, and more private-equity firms have already stepped in to say they want to play. Gymboree executives are reportedly looking for price of $55 to $60 a share.

Retail Sales Suffer in the Intense July Heat

The weather was hot in July, but consumers went cold, leading to disappointing retail sales that came in below or at the low end of most forecasts. The high temperatures across the U.S. may have been one culprit, helping boost sales of marked-down summer clearance items.

Starbucks Serves Up No Earnings Surprises

Same-store sales were the big story in Wednesday's fiscal third quarter earnings report, and Starbucks delivered the iced frappuccinos, serving up a 9% increase over the third quarter 2009, a 6% increase in traffic and a 3% increase in average ticket.

Walmart U.S. Names Bill Simon as New CEO

Bill Simon has been promoted to President and CEO of Walmart U.S. The company also said that Vice Chairman Eduardo Castro-Wright, 55, has been appointed President and CEO of Global.com and Global Sourcing, The change is probably a demotion for Castro-Wright who supervised most of the company's domestic operations.