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Laya Neelakandan

Reporter · ZA

Indexed articles, last 90 days
35
Latest publication
Oct 1, 2026
Outlet visibility, for CNBC
Top 5K sites
Earliest in this view
Jul 13, 2026

Latest articles

  1. Article · Oct 1, 2026 · Laya Neelakandan

    Nike is set to report earnings after the bell. Here's what to expect (opens the original)

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    Nike is expected to report fiscal first-quarter earnings after the bell Thursday as the retailer struggles to maintain relevancy and sales growth under CEO Elliott Hill. Former Chief Financial Officer Matt Friend previously said the sneaker company expects sales for the first two quarters of fiscal 2027 to be "flattish," especially as it sees a sales slump in China, a once-lucrative market for the business. Former Pfizer executive David Denton took over as CFO in August. Still, Nike said it expe

  2. Article · Oct 1, 2026 · Laya Neelakandan

    Walmart is using light-up digital shelf labels to help shoppers and employees find items (opens the original)

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    Walmart is aiming to make it as easy as possible for its customers to find exactly what they want. The retailer is leveraging three new tools tied to its digital shelf labels for both customers and store associates to better find products. It's the latest part of the company's push to modernize its technology and incorporate artificial intelligence into its business. "We are people-led, tech-powered," said Greg Cathey, Walmart's senior vice president of digital transformation. "But the way we lo

  3. Article · Sep 30, 2026 · Laya Neelakandan

    Holiday retail sales are expected to top $1 trillion as inflation boosts growth (opens the original)

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    Despite macroeconomic pressures and a cautious consumer, retail sales this holiday season are expected to grow year-over-year as spending remains strong. According to Bain & Company's annual forecast, holiday retail sales are expected to top $1 trillion for the first time, marking a 4.5% growth. That growth is largely projected to be from in-store sales at 70%, though e-commerce is continuing to gain share. The holiday spending is supported by higher tax refunds, which are up $43 billion this ye

  4. Article · Sep 24, 2026 · Laya Neelakandan

    Lowe's is launching a drone delivery service in partnership with DoorDash, Alphabet (opens the original)

    Excerpt · Positive tone · English

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    Lowe's is launching a drone delivery service in partnership with DoorDash and Alphabet's Wing, CNBC has learned exclusively. The company said the new drone delivery service — a first in the home improvement retail space — will give customers access to over 100 products in a delivery window as fast as 20 minutes. A pilot program is already live in North Carolina, with plans for expansion. Customers can order products directly through DoorDash, which will have drone delivery listed as an optio

  5. Article · Sep 18, 2026 · Laya Neelakandan

    Beauty, health and wellness are converging into one retail category (opens the original)

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    As consumers become more educated about the products they're buying and look to make more holistic purchases, a new retail category is emerging. What were once three separate sections — beauty, health and wellness — have converged into one large category as consumers look for products that serve multiple purposes. That change in consumer behavior is creating more competition for companies racing to win over the corresponding share of customers' wallets, industry experts said. According to a

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