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Tonya Garcia

Tonya Garcia

Global Business Editor at Bloomberg News

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    Covering topics
    • Business

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    Recent Articles

    bloomberg.com

    Gap to Expand Beauty Items, Accessories in Old Navy Stores

    Gap Inc. will offer a wider assortment of beauty products and accessories, an effort to capitalize on its stronger financial state and cultural relevance.
    bloomberg.com

    Gap to Expand Beauty Products and Accessories in Old Navy Stores

    Gap Inc. will offer a wider assortment of beauty products and accessories, an effort to capitalize on its stronger financial state and cultural relevance.
    bloomberg.com

    Cardinal Health to Acquire Solaris Health in $1.9 Billion Deal

    Cardinal Health agreed to purchase Solaris Health in a $1.9 billion deal, the company’s latest acquisition in the urology category and an expansion of its multispecialty strategy.
    bloomberg.com

    Cardinal Health to Acquire Solaris Health in $1.9 Billion Deal

    Cardinal Health agreed to purchase Solaris Health in a $1.9 billion deal, the company’s latest acquisition in the urology category and an expansion of its multispecialty strategy.
    bloomberg.com

    Vinay Prasad’s Return to FDA Sends Biotech Shares Tumbling

    The shares of biotech companies fell after news that ousted regulator Vinay Prasad is set to go back to the US Food and Drug Administration.
    bloomberg.com

    Papa John’s Surges After Report of Private Equity Interest

    Papa John’s International Inc. shares jumped the most in a month after a report that Apollo Global Management Inc. and a Qatari investment fund, Irth Capital, have made an offer that would take the pizza chain private.
    bloomberg.com

    Versace Parent Capri Says Turnaround to Take a Year

    Capri Holdings Ltd. shares dropped after the luxury apparel and accessories company gave guidance below Wall Street expectations, saying a turnaround will take time.
    bloomberg.com

    Starbucks Barista Strike Expands to 300 Locations, Union Says

    A Starbucks Corp. barista strike has shut down about 170 cafes, according to the coffee chain, disrupting service at locations nationwide during the final days of the crucial holiday shopping season.
    bloomberg.com

    Bath & Body Works Jumps Most Since 2022 After Guidance Boost

    Bath & Body Works Inc. shares jumped the most since 2022 after the fragrance retailer raised its profit forecast for the year, citing strong results in the most recent quarter.
    bloomberg.com

    Hershey Sales Get Boost From High Prices on Cocoa Shortage

    The sharp rise in cocoa prices is leading to big gains at Hershey Co.
    bloomberg.com

    Zac Posen Is Named Gap (GPS) Creative Director, Old Navy Design Chi...

    Gap Inc. has named fashion designer Zac Posen its creative director, with direct responsibility for its mass-market Old Navy brand, a big step in the new chief executive officer’s turnaround effort.
    bloomberg.com

    General Mills (GIS) Cuts Sales Growth Outlook on Sluggish Volume .....

    General Mills Inc. cut its organic-sales-growth outlook after slower-than-expected volume recovery and cautious consumer behavior lowered expectations for the full year.
    bloomberg.com

    North Face Owner VF Corp. Says a Hack Is Disrupting Its Ability to ...

    Struggling apparel and footwear maker VF Corp. said it’s working to restore its ability to fulfill orders following a cyberattack, though the company hasn’t yet determined the full scope of the incident.
    bloomberg.com

    Beyond Meat Slashes Revenue View Again, Will Cut 8% of Jobs

    Beyond Meat Inc. cut its revenue forecast for the second time in three months amid sagging demand for its plant-based proteins.
    bloomberg.com

    Olaplex Plunges After Weak Demand Drives Guidance Cut

    Olaplex Holdings Inc. shares sank after the haircare company cut its full-year sales guidance amid weak demand and increased competition.
    bloomberg.com

    Bud Light Backlash Drives Modelo Gains for Constellation Brands

    Constellation Brands Inc. reaped the benefits of a Bud Light consumer revolt, with sales of the Modelo brand boosting results in the most recent quarter.
    bloomberg.com

    General Mills Sinks After Forecasting Slowdown in Coming Year

    General Mills Inc. fell the most in the S&P 500 after the food producer’s annual forecast suggested that price hikes will no longer make up for slowing sales as inflation-weary shoppers cut back on spending.
    bloomberg.com

    Pet Retailer Chewy Soars as Recurring-Purchase Program Drives Sales

    Chewy Inc. stock surged the most in almost four years after the pet-products retailer beat sales expectations. It got a boost from a recurring-purchase program.
    bloomberg.com

    Lululemon Tumbles After Lowering Profitability Forecast

    Lululemon Athletica Inc. shares tumbled after the maker of fitness wear lowered its guidance for gross margin, stoking fears about profitability for a second-straight quarter.
    bloomberg.com

    Athletic Brewing Gets $50 Million Investment From Keurig Dr Pepper

    Keurig Dr Pepper Inc. has taken a $50 million minority stake in Athletic Brewing Co., expanding its investment in the increasingly popular nonalcoholic beer and cocktail category.
    bloomberg.com

    Papa John’s (PZZA) Says Third-Quarter Pizza Sales Hurt by Summer Tr...

    Papa John's Says Third-Quarter Pizza Sales Hurt by Summer Travel  Bloomberg