Gabrielle Fonrouge
CNBC
New York, NY, United States
Contact Gabrielle
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Past articles by Gabrielle:
Planet Fitness shares sink after board ousts CEO in shocking move
CEO Chris Rondeau has been been with Planet Fitness for more than three decades. → Read More
Retailers are losing $100 billion a year from return fraud, bots and coupon stacking, study says
Companies are losing $100 billion a year from all sorts of fraud, including setting up multiple email addresses to take advantage of promotions, Riskified said. → Read More
Shrink and theft losses near $1 billion at Lowe's — here's how much they're costing other retailers
As more and more companies blame shrink and theft for lower profits, some are offering more clues than ever into how much it's cutting into their bottom lines. → Read More
New York man was killed 'instantly' by Peloton bike, his family says in lawsuit
The family of Ryan Furtado claims his Peloton bike severed his carotid artery and killed him "instantly," marking the first known death linked to the bike. → Read More
Roz Brewer out as Walgreens CEO as company seeks chief with deep health-care experience
Walgreens' stock has struggled this year as the company cut its profit expectations and contended with a decline in Covid vaccine and test demand. → Read More
Lululemon ups guidance after 'strong' growth in China boosts quarterly sales
Lululemon raised its full year guidance and saw its sales and profit rise 18% during its most recent quarter, fueled by a 61% boost in China. → Read More
Gap reports another period of declining sales across all brands, warns of 'uncertain consumer'
Gap reported mixed results on Thursday and underwhelming current-quarter guidance. → Read More
Peloton shares drop 22% after posting wider-than-expected loss, falling sales due to Bike recall, seasonality
Peloton's shares plunged 22% after the company posted a wider-than-expected loss and churn that it blamed on its Bike seat recall and seasonality. → Read More
Foot Locker shares plunge 28% as it slashes guidance and blames 'consumer softness'
Athletic apparel retailer Foot Locker reported another quarterly sales decline and missed revenue expectations as consumers continue to pull back from shoes. → Read More
Dick's shares fall 24% as retailer slashes outlook over theft concerns
Dick's Sporting Goods says it's grappling with an uptick in retail theft that contributed to a 23% drop in profits, prompting it to slash its full year outlook. → Read More
Shoppers are spending big at T.J. Maxx, HomeGoods as Target sales slide
TJX Cos., which runs T.J. Maxx and Marshalls, is seeing big gains in discretionary purchases as cash-strapped consumers look for a deal amid high inflation. → Read More
Buy Buy Baby auction is canceled, but buyers are still interested in making a bid
Bed Bath & Beyond canceled an auction for its Buy Buy Baby business, but the chain could still end up being saved. → Read More
Levi Strauss shares drop after retailer slashes guidance on weak wholesale revenue
Levi slashed its profit outlook for the year after it reported a slowdown in US wholesale revenue that the retailer expects will continue. → Read More
Sens. Warren, Booker grill failed retailer Bed Bath & Beyond over allegedly denying severance
The retailer filed for bankruptcy in April and began closing stores and laying off workers. → Read More
Nike posts first earnings miss in three years as lower margins hit sports apparel giant
Nike missed on earnings for the first time in three years after promotions and freight costs pressured the sneaker giant's margins. → Read More
Little-known NJ baby retailer tentatively wins rights to Buy Buy Baby's IP
Little-known baby retailer Dream on Me Industries has tentatively won the rights to Buy Buy Baby ahead of an auction for all of the chain's assets. → Read More
This map shows where Bed Bath & Beyond stores are being replaced by other retailers
Burlington Stores is set to take over 50 former Bed Bath & Beyond locations after the home goods retailer auctioned its leases. → Read More
Overstock.com will change website name to Bed Bath & Beyond as deal closes
Overstock.com has completed its acquisition of Bed Bath & Beyond's intellectual property and plans to move its website under Bed Bath's domain. → Read More
Doubt grows over Buy Buy Baby sale process as parent Bed Bath & Beyond splits auction
Failed home goods retailer Bed Bath & Beyond will host two separate auctions for its Buy Buy Baby chain as interest in keeping the banner's stores open wanes. → Read More
The Inform Act takes effect today — here's how it aims to target organized retail theft
The Inform Act, a bipartisan bill targeting organized retail theft that takes effect Tuesday, requires online marketplaces to disclose the identity of sellers. → Read More