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 ...
Tag: Retail industry
Vans owner VF Corp. shares tumble as it says cyberattack could hamper holiday fulfillment
A Vans store is seen in Hong Kong.Budrul Chukrut | LightRocket | Getty ImagesShares of The North Face and Vans ...
Pro pickleball players band together as chaos, a merger and pay cuts grip the sport
Major League Pickleball finals at Pickle & Chill on October 16, 2022 in Columbus, Ohio.Emilee Chinn | Getty ImagesDozens of ...
Amazon wins $270 million tax fight with the EU
Products are seen on a conveyor belt at an Amazon fulfillment center where they are being sorted and shipped out ...
Macy’s receives $5.8 billion buyout offer, sources say
People wait in line outside Macy's before opening on "Black Friday" in New York City on November 24, 2023. The ...
Here are the 3 top risks facing McDonald’s heading into 2024
The Ronald McDonald balloon floats down Central Park West during the Macy's Thanksgiving Day Parade on November 23, 2023, in ...
Retail lobby group’s retraction of key crime claim shows how hard it is to track theft
The leading retail lobbying group has walked back a key claim about shrink, or inventory losses from various sources, after ...
Lululemon shares fall as retailer gives tepid holiday outlook despite strong start to shopping season
Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey.Mike Calia | CNBCLululemon on Thursday ...
McDonald’s to open first CosMc’s spinoff restaurant this week
McDonald's CosMc's Restaurant.Courtesy: McDonald'sMcDonald's will open the first location of its new spinoff brand CosMc's this week in Bolingbrook, Illinois.The ...
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 ...
