Peloton shares plunge after company reports wider-than-expected loss

[ad_1] A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Peloton‘s shares plummeted Thursday after the company reported a…

Peloton reports wider-than-expected loss, but points to progress in its turnaround

[ad_1] A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Peloton on Thursday reported a wider-than-expected loss in the…

Target shoppers can now make a return without leaving the car

[ad_1] Target is dangling a new perk to get shoppers to swing by its stores: customers can make returns without leaving their car. The curbside-returns service, which began last week…

Walmart sells plus-size clothing brand Eloquii, offloading its third digital brand this year

[ad_1] Fashions featured on Eloquii  Source: Eloquii Walmart is selling online apparel brand Eloquii to FullBeauty Brands, marking the retailer’s third divestiture of a direct-to-consumer brand this year. The big-box…

Walmart sells Bonobos to WHP Global and Express in $75 million deal

[ad_1] A garment factory worker packing Bonobos brand shirts in a factory in Hanoi, Vietnam. Manan Vatsyayana | AFP | Getty Images Walmart has sold menswear brand Bonobos to brand…

Foot Locker touts ‘renewed’ Nike relationship as it reports slide in holiday-quarter profit

[ad_1] Foot Locker plans to open dozens of Power stores across the U.S. over the next few years. Source: Foot Locker Foot Locker CEO Mary Dillon on Monday touted a…

Allbirds admits missteps, unveils new strategy after brutal holiday quarter

[ad_1] A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Footwear retailer Allbirds…

Dick’s Sporting Goods smashes same-store sales expectations for holiday quarter

[ad_1] A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Tuesday reported holiday…

Why Dick’s Sporting Goods succeeded where Sports Authority failed

[ad_1] In 2022, the sporting goods business had an estimated market size of $67.2 billion and was enjoying its ranking as one of the fastest-growing industries in the U.S. since…

Peloton shares jump after fitness company posts subscription revenue growth

[ad_1] Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton said Wednesday its net loss narrowed…