[ad_1] A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP For some shoppers who already struggle to cover grocery bills, the…
Tag: Nike Inc
Nike’s holiday quarter plagued by bloated inventory, weak China sales
[ad_1] Nike easily beat Wall Street’s estimates for its holiday quarter earnings and revenue, although its bloated inventory continued to weigh on its margins and sales in China fell short…
Retailers see a tough year ahead, so they’re rolling out the recession playbook
[ad_1] A woman carries bags of merchandise from J.Crew, Nordstrom, UGG, and Victorias Secret at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark…
Want an annual investment return of up to 12%? This ‘boring’ strategy’s the way to go, investor says
[ad_1] Everyone wants to make a quick buck, but the idiosyncrasies of economic cycles and market conditions often make that a difficult task. There’s a lot of noise, but one…
Michael Jordan’s ‘Last Dance’ sneakers are going up for auction
[ad_1] Michael Jordan’s 1998 NBA Finals Game 2 Air Jordan 13s from ‘The Last Dance’ season are expected to sell for $2/4 million. Courtesy: Sotheby’s An iconic pair of Air…
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…
Global brands look to boost media investment in women’s sports through a new partnership, The Women’s Sports Club
[ad_1] IOC executive board member Angela Ruggiero attends the Medal Ceremony on day six of the PyeongChang 2018 Winter Olympic Games at Medal Plaza on February 15, 2018 in Pyeongchang-gun,…
Retailers could face cost cuts and slower sales this year
[ad_1] Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images After benefitting…
Trian presses Disney to replace board member Michael Froman with Nelson Peltz
[ad_1] Nelson Peltz David A. Grogan | CNBC The proxy battle between Disney and activist investment firm Trian Management LP is heating up ahead of the company’s annual shareholder meeting.…