Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit
Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024.Frederic J. Brown | Afp ...
Tag: Foot Locker Inc
More Americans are living in malls, as developers get creative to help ease the housing crisis
Say hello to life at the mall. The classic American mall is undergoing a dramatic transformation as real estate developers swap ...
Retailers like Gap and Foot Locker had a strong week. That doesn’t spell a consumer comeback
The Gap logo is displayed at a Gap store in Los Angeles, April 25, 2023.Mario Tama | Getty ImagesRetail's biggest ...
Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens
In a tony suburban enclave in the San Diego foothills, police say, an organized retail crime "queenpin" had built an ...
Foot Locker shares plunge more than 20% as retailer posts holiday loss, delays key financial target
Shares of Foot Locker fell more than 20% on Wednesday after the sneaker retailer reported a holiday-quarter loss, issued weak ...
Nike, Foot Locker shares sink after athletic apparel maker cuts revenue outlook
Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer ...
Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered ...
Three reasons a strong Black Friday weekend may not mean a blowout holiday season for retailers
Shoppers walk around Twelve Oaks Mall on November 24, 2023 in Novi, Michigan. Emily Elconin | Getty ImagesRetailers are cheering after ...
Foot Locker shares jump more than 15% after earnings beat, more upbeat sales outlook
Shares of Foot Locker rose Wednesday in premarket trading after the company posted surprise earnings and sales beats and said ...
Adidas CEO says Kanye West didn’t mean antisemitic remarks, isn’t a bad person
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023.Scott Olson | Getty ImagesAdidas CEO Bjorn ...
