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Major ice cream brand files Chapter 11 bankruptcy after lawsuit
TheStreet1h agobearish
Major ice cream brand files Chapter 11 bankruptcy after lawsuit

Enjoying a serving of frozen dessert on a hot summer day, or at any time for that matter, has grown in popularity as ice cream store industry growth rose by 5.8% to $7.4 billion in the five years through 2025, according to IBISWorld. The industry grew by 0.9% in 2025 alone. Ice cream company ...

Fed Rate Hike Odds Fall As Amazon Prime Day Effect Hits Retail Sales
Investor's Business Daily1d agobearish
Fed Rate Hike Odds Fall As Amazon Prime Day Effect Hits Retail Sales

The Federal Reserve now looks somewhat unlikely to raise interest rates at either of the next two meetings after a weak July retail sales report further assuaged concerns that the economy may be overheating. Last Friday's weak jobs report and the even weaker retail sales report "are bad news for workers and consumers, but potentially good news for the stock market, because it reduces the urgency at the Fed to raise rates to fight too-high inflation," wrote Chris Zaccarelli, chief investment officer at Northlight Asset Management.

Popular snack brand closes plant, cuts 345 jobs
TheStreet37d agobearish
Popular snack brand closes plant, cuts 345 jobs

Food manufacturing companies continue to grow even as the jobs behind familiar grocery products shift. For shoppers, the change may not be immediately obvious, as snack bars, candy, crackers, and pet-food brands can still be on shelves at Walmart, Target, Costco, and other grocery chains. But ...

Lululemon Slumps on Earnings. Bargain Hunters Beware.
Barrons.com71d agobearish
Lululemon Slumps on Earnings. Bargain Hunters Beware.

It’s been easy to call a bottom in Lululemon Athletica in recent years–just keep waiting another day. The specialty athleticwear company, which had already dropped nearly 40% year to date alone before it reported fiscal first-quarter earnings after the bell Thursday, didn’t reward bargain hunters. The quarter itself was better than expected, but the full-year outlook was the culprit: Lululemon said it will earn between $10.95 and $11.15 a share on revenue that will be flat or down 1%, translating into $11 billion to $11.15 billion.

Breakfast giant shuts plant, cuts 100s of workers
TheStreet77d agobearish
Breakfast giant shuts plant, cuts 100s of workers

Breakfast cereal was once one of the easiest meals to sell in America. It was quick, cheap, colorful, and familiar. For generations, boxes of Corn Flakes, Froot Loops, Rice Krispies, Frosted Flakes, Raisin Bran, and Special K became staples in kitchen cabinets and grocery aisles. But American ...