-
Starbucks ends its fiscal year on a high note
Starbucks Corp. is feeling its oats. The coffee giant topped estimates for its fourth quarter and gave a positive view for its current fiscal year. Starbucks’ consolidated net revenue grew 16% to $5.8 billion in its fourth quarter, which was better than expected. -
Fossil to overhaul business, shutter some stores
The watch and fashion accessories brand Fossil Group is planning to reorganize its business. The company, which operates 610 stores across the globe (including 284 U.S. locations) will close some stores, although it did not say how many, the Dallas News reported, as part of a multi-year business overhaul that also includes a focus on fewer products.

