Laya Neelakandan

Articles by Laya Neelakandan

Baby products company Frida is expanding into kids’ personal care - CNBC

Business August 12, 2026

Baby products company Frida is expanding into a line of personal care products for kids ages 6 to 11 that will be sold in Walmart and on Amazon, the company told CNBC exclusively. CEO Chelsea HirschοΏ½...

Tanger CEO says World Cup drove up traffic, sales this summer - CNBC

Business August 6, 2026

Tanger CEO Stephen Yalof said the store operator saw traffic increase in June and July due to international and domestic tourism tied to the World Cup. "We knew when you get these new visitors that οΏ½...

To keep growing, incoming Best Buy CEO says he first wants to go smaller - CNBC

Business August 2, 2026

Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO Jason Bonfig, who spoke exclusively with CNBC about his strategy for the οΏ½...

More consumer companies are staying private for longer, avoiding the IPO road - CNBC

Business August 1, 2026

Signage at a Jersey Mike's restaurant in Washington, July 20, 2026. Five years after the initial public offering boom of 2021, public markets look a lot different as more companies are choosing to sοΏ½...

Retailer Reformation opens flat in NYSE debut as CEO says company is 'ready to scale' - CNBC

Business July 31, 2026

Women's clothing retailer Reformation began trading on the New York Stock Exchange on Thursday, with the stock ending the day essentially unchanged after pricing its IPO at $15. The company, which iοΏ½...

UPS beats earnings expectations, raises full-year guidance - CNBC

Business July 29, 2026

United Parcel Service on Tuesday posted second-quarter earnings results that beat Wall Street expectations and raised its full-year outlook. Shares of the delivery giant rose slightly in premarket tοΏ½...

Logistics giants are racing to keep up with healthcare boom as GLP-1s highlight need for cold storage - CNBC

Business July 26, 2026

A FedEx worker walks past his truck in the North Beach neighborhood on June 23, 2026 in San Francisco, California. As demand rises for specialized medications like GLP-1s, logistics companies includοΏ½...

Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings - CNBC

Business July 24, 2026

Shares of grocer Albertsons sank nearly 15% on Thursday after the company lowered its fiscal 2026 outlook, citing softer demand and a more cautious consumer. The company said it is now "moving decisοΏ½...

Chipotle is opening its first restaurant in Mexico - CNBC

Business July 14, 2026

Fast casual chain Chipotle is set to open its first restaurant in Mexico this week, the company announced on Monday. The store will open on Thursday in San Pedro Garza GarcΓ­a, Nuevo LeΓ³n, part of ...

Nike is set to report earnings after the bell. Here's what to expect - CNBC

Business July 1, 2026

Nike is set to report fiscal fourth-quarter results after the bell Tuesday as the shoe retailer struggles to regain sales growth and turn around its business under CEO Elliott Hill. The company prevοΏ½...