A person smokes a Juul Labs Inc. e-cigarette in this arranged photograph taken in the Brooklyn Borough of New York, U.S., on Sunday July 8, 2018. 

FDA plans to restrict flavored e-cigarette sales to vape shops

Gabby Jones | Bloomberg | Getty Images A person smokes a Juul Labs Inc. e-cigarette in this arranged photograph taken in the Brooklyn Borough of New York, U.S., on Sunday July 8, 2018.  The Food and Drug Administration plans to limit sales of most flavored e-cigarettes to vape shops and move forward with a ban […]

A man carrying a shopping bag walks past holiday decorations along Fifth Avenue in Midtown Manhattan.

US Christmas retail sales to surpass $1 trillion this year: eMarketer

Christmas holiday retail sales in the U.S. are expected to climb above the $1 trillion mark for the first time this year, on the back of low unemployment, solid income growth and higher consumer confidence, according to a study released Tuesday. Total retail sales in the U.S. will hit $1.002 trillion during the holiday period […]

Starbucks shares rally on better US sales, CEO says there's more to do

Starbucks shares rally on better US sales, CEO says there’s more to do

Shares of Starbucks skyrocketed Friday as investors finally see a turnaround taking hold in the U.S. For about two years, the coffee chain had lost momentum. While same-store sales have been positive, growth had not been fast enough for shareholders. That was until Thursday. The company reported that U.S. same-store sales growth had been 4 […]

Chipotle Mexican Grill food catering.

Don’t underestimate the power of digital to boost sales

Chipotle Mexican Grill may be testing new menu items in limited markets across the U.S., but the company’s CEO doesn’t foresee it being the top driver part of its strategy to regain market share and boost sales. While the company will continue to test a variety of items — nachos, avocado tostadas and bacon — […]

Philip Morris International's iQOS 3 Multi lets consumers use the device 10 times before needing to charge it.

Philip Morris unveils new versions of iQOS cigarettes to boost sales

With the iQOS 3, like older models, users must put the device back in the case to charge after each time they use it. The new iQOS 3 Multi can be used 10 times before needing to be recharged. It’s bulkier than the traditional iQOS device, but executives say consumers also requested this change. “In […]