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Coca-Cola shares rise as investors look past a softer market tone
KO closed at $81.34, up 2.26% from the prior session, according to the latest market wrap.
The Apex Times / Jun 9, 7:07 PM EDT / 1 min read
Read the briefSpending / Brands
Retail & Consumer
Retailers, restaurants, apparel, packaged goods, household brands, and the consumer spending signals behind them.
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The Apex Times / Jun 9, 7:07 PM EDT
PepsiCo shares rise even as the market fades, closing up about 1.5%
The Apex Times / Jun 9, 4:37 PM EDT
McDonald’s shares firm around the high-$270s as technical pressure eases
The Apex Times / Jun 9, 4:22 PM EDT
Academy pushes Nike and Jordan deeper into stores as performance running becomes a focus
The Apex Times / Jun 9, 3:52 PM EDT
PepsiCo rolls out driverless Doritos deliveries, landing boxes for Walmart in the path of a labor fight
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Walmart Media’s push beyond its own apps, plus delivery expansion, complicates the valuation debate for WMT
Walmart is widening its retail media business through third-party advertising platform integrations, while also leaning further into delivery. The strategy could lift profit per customer, but investors are left with fewer clear outlines on timing and incremental margins.
Jun 9, 1:39 PM EDT
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Business / The Apex Times
Nike’s dividend argument rides on a battered stock price, but investors still face a turnaround question
Shares of Nike (NKE) have fallen roughly 75% from their peak level, pushing the company’s dividend yield higher. Whether that makes the payout sustainable depends on progress in revenue growth, margins, and demand outlines that have been under pressure.
Jun 9, 1:38 PM EDT
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Costco’s Pensacola opening arrives as Kirkland Signature prices fall
The warehouse retailer said some of its store-brand Kirkland Signature items, including certain snacks and grocery staples, are seeing lower prices ahead of the new Pensacola store opening later this month.
Jun 9, 11:22 AM EDT
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Walmart and Wing expand drone delivery footprint to seven new U.S. metro areas
The partners said they plan to begin drone-delivery operations in cities including Philadelphia, Phoenix and San Diego by 2027 as Walmart pushes to speed up last-mile fulfillment.
Jun 9, 10:52 AM EDT
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Business / The Apex Times
PepsiCo and autonomous freight firm Gatik begin driverless truck operations across multiple U.S. states
The snack and beverage giant says its commercial deployment with Gatik has started in Texas, Arizona and Arkansas, expanding an experiment that until recently was mostly limited to trials.
Jun 9, 10:52 AM EDT
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Business / The Apex Times
Costco reports a surge in digital sales and record gas volumes, but the stock slips
A jump in online spending and record fuel throughput did not prevent Costco shares from falling, highlighting how investors parse timing, margins, and forward outlines more than headline momentum.
Jun 9, 9:52 AM EDT
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Business / The Apex Times
Nike and adidas turn World Cup hype into a branded rivalry, as each tries to regain momentum
Both sportswear giants are rolling out star-driven football campaigns timed to the start of the tournament, but their broader trajectories look different. Nike is looking to use the World Cup to rebuild growth, while adidas has been posting faster gains.
Jun 9, 9:38 AM EDT
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Business / The Apex Times
Coca-Cola tests nostalgia with a limited Sprite return at one grocery chain
Coca-Cola is bringing back a classic Sprite flavor for a limited time at a single retailer, a move aimed at stirring trial among shoppers while the company continues to manage demand and shelf competition.
Jun 9, 8:39 AM EDT