REGIONBUSINESSWORLD.NEWS: Top News

Top News: Retail

17:40, 2019-08-21

Home Depot says suppliers are moving manufacturing out of China to avoid tariffs Home Depot said tariffs against China will impact about $2 billion, or 2%, of U.S. sales, but costs are mitigated because suppliers are moving out of China....
22:17, 2019-08-20

Stocks have rebounded big in a short time. History shows market momentum should continue Stocks are climbing fast as fears over a U.S. recession appear to be easing. According to market history, this upward momentum could continue for another month....
22:17, 2019-08-20

Luxury brands must show they are 'good Chinese citizens' after T-shirt territory anger, expert says Western luxury labels will need to demonstrate that they are good Chinese citizens in the face of territorial sensitivities, according to an expert on branding in the region....
09:17, 2019-08-20

A generational shift in consumer tastes is a boon for these retailers, Jim Cramer says "These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says....
09:17, 2019-08-20

Amazon is passing along costs of a new digital tax to thousands of French sellers Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government....
12:17, 2019-08-19

The often-hated open floor plan gets a new savior: The office pod In recent years, pods have been embraced in offices across the nation. They provide a quiet space for office workers to conduct important phone calls, focus on their work, or take a quick break....
19:34, 2019-08-17

This is what's behind Walmart's staying power that could outmaneuver Amazon For 20 years Walmart has struggled to pull its online act together while Amazon.com seized nearly half of the US online shopping market. But Walmart's multibillion-dollar investment campaign now ...
15:34, 2019-08-16

Walmart's secret weapon in its quest to outmaneuver Amazon has rejuvenated the giant retailer For 20 years Walmart has struggled to pull its online act together while Amazon.com seized nearly half of the US online shopping market. But Walmart's multibillion-dollar investment campaign now ...
12:34, 2019-08-16

Macy's teams up with Google to help run its warehouses One way Macy's is trying to improve its business stems from the work it's doing on the back end, at its more than a dozen fulfillment centers....
23:00, 2019-08-14

Global firms are sounding the alarm as Hong Kong protests deal "serious blow" to the city's outlook Two months of protests in Hong Kong are starting to take a toll on some of the largest global companies, adding to a host of geopolitical concerns as the U.S.-China trade war drags on....
23:00, 2019-08-14

We are in the middle of the great American department store shakeout—and there's no stopping it The pressure facing Macy's, Nordstrom and J.C. Penney is the same: as the retail industry has transformed over the past few decades, department stores' greatest strength, size and scale, hav...
00:34, 2019-08-14

Taco Bell-parent Yum Brands' CEO Greg Creed to retire, to be replaced by David Gibbs Taco Bell's parent company Yum Brands on Monday said David Gibbs has been tapped as CEO, effective Jan. 1, 2020. Gibbs will be succeeding Greg Creed, who has been with Yum for 25 years....
08:34, 2019-08-13

Versace, Givenchy and Coach say sorry over Chinese T-shirt anger American fashion brand Coach, French label Givenchy and Italian luxury brand Versace have been boycotted by some Chinese social media stars for suggesting that places like Hong Kong and Macau are sepa...
14:34, 2019-08-12

5 things to know before the stock market opens Monday Dow set to drop, 10-year yield back under 1.7%, Goldman lowers growth forecast, Hong Kong protests escalate, BlackRock buys major stake in Sports Illustrated's owner....
14:34, 2019-08-12

Foot Locker is opening massive 'Power' stores across the US, with Nike's help Foot Locker's massive new Power store in NYC marks the first time Nike has put its own technology into another retailer's bricks-and-mortar shop....
16:00, 2019-08-09

Department stores could have a 'sobering' Christmas, Credit Suisse warns Credit Suisse analyst Michael Binetti said in a note to clients he expects a "wave of lowered guidance" as Macy's, J.C. Penney, Nordstrom and Kohl's start to report fiscal second-quarter ear...
16:00, 2019-08-09

5 things to know before the stock market opens Tuesday The Dow is set to bounce; China labeled a "currency manipulator"; mortgage rates hit November 2016 lows, ex-Fed chiefs call for independent central bank; and Apple invites first customers to its credi...
04:00, 2019-08-09

CEO of Wrangler, Lee parent isn't afraid of a recession or tariffs on China-made goods Kontoor Brands put up stronger-than-expected earnings and revenue in its first earnings report as an independent company. Earlier this year, it was spun off from VF Corp....
04:00, 2019-08-09

New York rents are down from 2014 highs. But Barneys shows massive rent hikes still happen Retail rents in New York corridors including Fifth Avenue around Grand Central, SoHo and the Upper East Side are nowhere near what they once were in 2014. Even Madison Avenue hasn't been immune t...
04:00, 2019-08-09

J.C. Penney faces NYSE delisting J.C. Penney is at risk of delisting from the New York Stock Exchange, after shares of the company traded under $1 for a period of 30 consecutive business days....
04:00, 2019-08-09

26 Sears, Kmart stores to close in October, company 'cannot rule out' more closures this year More Sears and Kmart stores are set to go dark, as the brands' new parent company, TransformCo, fights to keep the once-bankrupt business afloat....
18:34, 2019-08-07

Barneys has until Oct. 24 to find a buyer and avoid liquidation "We have new financing that literally developed in the last 30 minutes," testified Kirkland & Ellis' Josh Sussberg, "for a company that only days ago stared down the barrel of a gun."...
18:34, 2019-08-07

5 things to know before the stock market opens The Dow is set to bounce; China labeled a "currency manipulator"; mortgage rates hit November 2016 lows, ex-Fed chiefs call for independent central bank; and Apple invites first customers to its credi...
17:00, 2019-08-06

Five apps you've never heard of that teens are using to shop E-commerce giants like Amazon and eBay top the chart of most-used retail apps, but a few you might not have heard of are quickly rising in the ranks....
17:00, 2019-08-06

Bullet-resistant backpacks have become another back-to-school staple Guard Dog Security's ProShield Scout backpacks are stocked for back-to-school season at Office Max and Office Depot stores and on the retailers' website. The office supply stores are not alo...
17:00, 2019-08-06

Shake Shack stock soars after reporting earnings beat, raising revenue forecast Shares of Shake Shack rose nearly 3% in extended trading on Monday, after the company reported second-quarter earnings that topped Wall Street's expectations and raised its revenue forecast for t...
06:17, 2019-08-06

Shake Shack taps Grubhub for nationwide delivery Shake Shack CEO Randy Garutti says the partnership was the result of a "journey" after working with Grubhub, Doordash, Caviar and Postmates for the past two years....
14:17, 2019-08-05

The 90s are back. Here are the companies trying to cash in—and the ones that are failing For years, the fashion world has been riding a wave from the past. Young consumers are turning to the 90s for inspiration, leading to the revival of trends and companies that were long ago pronounced ...
20:00, 2019-08-03

Fears become a reality for retail with a fourth round of tariffs Many consumer products, like clothing, shoes and electronics have been spared from the last three rounds of tariffs. But the remaining $300 billion of China-made goods will capture it all....
20:17, 2019-08-02

People are buying digital 'clothes' that aren't real — and they could be the next Instagram hit Digital apparel is no emperor's new clothes fad — in the gaming industry, "skins" and "cosmetics" are a staple item, but virtual fashion is new to Instagram...
10:00, 2019-08-02

Wayfair shares whipsaw as costs build up and loss widens Wayfair shares dropped Thursday after the online furniture retailer reported a larger loss for its fiscal second quarter, as costs for things like advertising and customer service skyrocketed....
16:34, 2019-08-01

Starbucks shares rise more than 6% on renewed momentum in the US and China Starbucks shares rose by more than 6% in early market trading today after a resounding earnings beat has analysts raising their estimates for the coffee chain....
00:17, 2019-08-01

JC Penney is trying new things to stay afloat. But its stock is below $1, at risk of being delisted. J.C. Penney CEO Jill Soltau is doing what she can to keep the 117-year-old department store chain afloat, even as the retailer's shares trade below $1 and are at risk of being delisted from the N...
00:17, 2019-08-01

Starbucks ramps up US delivery with UberEats as Chinese delivery booms As Starbucks ramps up its U.S. delivery program, the global coffee chain is looking to China — its second-largest market — as an example of how delivery could eventually contribute to its sales....
00:17, 2019-08-01

Diet bars with plus-size orders, 'fake news' shorts: Here's why Forever 21 is forever controversial The fast-fashion retailer is prone to controversy because of a lack of sufficient product review and because of the risks it's willing to take, according to industry experts....
00:17, 2019-08-01

Flyfishing and kayaking trips help L.L. Bean, Orvis sell more gear and attract more customers Outdoor retail brands are beefing up their adventure programs and branded trips to create new customers and deepen relationships with existing ones by making outdoor vacations easier. Customers can tr...
00:17, 2019-08-01

Under Armour's North America problem hasn't gone away Under Armour's mixed earnings results on Tuesday called attention to the fact that the brand continues to fight to win more shoppers on its home turf, a competitive one....
00:17, 2019-08-01

Gap's newest ad campaign attempts to clarify its identity ahead of the Old Navy spinoff Gap's newest ad campaign is a step to focus the retailer's identity, ahead of plans to spin off Old Navy into a separate, publicly traded company....
00:17, 2019-08-01

Procter & Gamble writes down Gillette business but remains confident in its future Despite Procter & Gamble's write-down of its Gillette shaving business, executives said they remain confident about the future of the grooming category....
00:17, 2019-08-01

P&G CEO says US consumer 'remains strong' despite global trade concerns Procter & Gamble's CEO tells CNBC the U.S. consumer "remains strong," after the company reported fiscal fourth-quarter earnings that beat Wall Street expectations....
00:17, 2019-08-01

Chipotle's stock hits all-time high after earnings top estimates, raises sales forecast Chipotle Mexican Grill on Tuesday reported that its digital sales nearly doubled during its second quarter, fueling earnings that beat analysts' expectations....
00:51, 2019-07-24

Coca-Cola, PepsiCo break ties with plastic lobbying group amid mounting scrutiny over pollution The beverage giants join other companies like Clorox, Becton Dickinson and Ecolab, which ended memberships with the Plastics Industry Association last year....
00:51, 2019-07-24

Nike 'Waffle Shoe' sells for $475,500, becoming the most expensive sneakers ever auctioned The sneakers were purchased by Canadian entrepreneur Miles Nadal, and were part of a collection of 100 of the rarest sneakers ever made that was being sold by Sotheby's and sneaker marketplace St...
00:51, 2019-07-24

Chipotle teases carne asada and other potential new menu items Chipotle Mexican Grill teased potential new menu items on its earnings call Tuesday as the chain continues to impress investors under CEO Brian Niccol....
00:51, 2019-07-24

Bed Bath and Beyond to cut 7% of corporate staff, eliminate operating chief role Bed Bath and Beyond announced on Tuesday that as part of its efforts to reduce costs, it will cut its corporate staff by 7% and eliminate the chief operating officer role. The stock was down 1% after ...
21:17, 2019-07-23

Coca-Cola and Pepsi push into energy drinks as soda consumption falls As soda consumption declines in the U.S., Coca-Cola and PepsiCo are trying to leverage the name recognition of their legacy brands to push into energy drinks....
21:17, 2019-07-23

Beyond Meat's stock surges to new all-time high Shares of Beyond Meat hit a fresh all-time high at the market's open on Tuesday, as the company continues its hot streak on investor optimistic ahead of its earnings....
17:17, 2019-07-23

Home Depot CFO reveals the one millennial homeowner habit that is 'music to our ears' "They've told us through our research, 'We want to work on our house because we think it's a good investment,'" Home Depot CFO Carol Tomé says....
01:34, 2019-07-23

Kids clothing retailer Rockets of Awesome nabs former Walmart e-commerce exec for SVP role At Rockets of Awesome, Turner will be a senior vice president responsible for digital and marketing. He'll report to founder Rachel Blumenthal, who's been building the business beyond the cl...
22:00, 2019-07-22

Major retailers are launching affordable clothing lines for children with disabilities Retailers are finding ways to create affordable clothing for children with disabilities. Kohl's Target, Tommy Hilfiger and Zappos have all launched lines in recent years....
22:00, 2019-07-22

Missed Amazon Prime Day? You can still find the best back-to-school deals Back-to-school spending this year is forecast to top $80 billion with American families spending between $700 and $1,000 dollars on students. Amazon and other retailers will be offering deals througho...
22:51, 2019-07-19

JC Penney: We haven't hired advisors 'to prepare for an in-court restructuring or bankruptcy' J.C. Penney on Friday afternoon issued a statement responding to a report that the embattled department store chain had hired advisers to explore debt restructuring options, potentially buying it more...
22:51, 2019-07-19

Business groups slam House for passing $15 minimum wage bill Business advocacy organizations sharply criticized the House of Representatives for passing a bill to raise the minimum wage to $15, saying it would be a costly job killer....
01:34, 2019-07-19

Dressbarn to close 53 stores in August, saying the wind down of the business is 'on target' Ascena on Thursday said the winding down of its Dressbarn business is on target amid chatter the business would be forced to file for bankruptcy to break leases. It said 53 stores are expected to shut...
01:34, 2019-07-19

Kohl's says let the holiday hiring season begin Kohl's is kicking off its holiday hiring extra early for the second straight year as retailers vie to find skilled workers in a tight labor market....
18:00, 2019-07-17

Why these shoppers regret their Amazon Prime Day purchases Amazon Prime Day is over, which means your buyer's remorse might be sinking in. But you're not alone. Here are some tips for what to do next, including course-correcting your finances....
18:00, 2019-07-17

Amazon says this year's Prime Day surpassed Black Friday and Cyber Monday combined Amazon also said that on Monday and Tuesday it sold more Amazon devices — like the Echo Dot, the Fire TV Stick and Alexa Voice Remote — over a two-day period than it ever has before....
18:00, 2019-07-17

The best Amazon Prime Day deals could be these ETFs Amazon Prime Day has market watchers hunting for deals on and offline, and ProShares strategist Simeon Hyman has a few suggestions for how to play the e-commerce boom....
00:51, 2019-07-17

Amazon is using Prime Day this year to try to win in fashion The market for apparel and accessories globally is worth more than $1 trillion, so Amazon clearly sees there's a lot at stake here. It's using Prime Day to tout fashion deals....
19:34, 2019-07-15

Fear missing out? Amazon knows it—and uses it to make Prime Day sales Amazon's marketing for its annual Prime Day plays on our fear of missing out on deals and discounts. Experts weigh in on the consumer psychology behind Prime Day....
18:51, 2019-07-14

One-day shipping is now the norm for most Prime Day items. Here's what happens when you order. One-day shipping is now the norm for Amazon's 100 million Prime members. To succeed, Amazon spends tens of billions of dollars a year and employs 250,000 workers in its U.S. warehouses. Follow th...
15:51, 2019-07-13

Fred's closes 129 additional stores and holds clearance sales Discount retailer Fred's said Friday it will close another 129 stores and hold inventory clearance sales as the company works to repay its debt and diversify its product selection....
16:51, 2019-07-12

Lululemon just opened a sprawling, 20,000-square-foot store in Chicago — here's what it looks like Lululemon on Thursday morning is opening its biggest store ever, in the Lincoln Park neighborhood of Chicago. You can do a lot more than just shop there....
17:51, 2019-07-11

Domino's Pizza faces new threat from delivery apps like UberEats and GrubHub, Morgan Stanley says Domino's built its business around a fleet of drivers who deliver hot pizzas fast. But outside delivery companies now pose a real threat to about 20% to 25% of Domino's locations....
17:51, 2019-07-11

America's 10 most expensive states to live in 2019 These states are the most expensive places to live in America, according to CNBC's 2019 Top States for Business study released Wednesday. CNBC scored all 50 states based on an index of average co...
16:51, 2019-07-10

McDonald's US franchisees ask for a Southern-style chicken sandwich to compete with Chick-fil-A McDonald's U.S. franchisees want a chicken sandwich to rival Chick-fil-A's as the Southern chain's threat to their business continues to grow....
16:51, 2019-07-10

Cramer: Four stocks are putting up a fight against Amazon in retail "In a retail environment dominated by a handful of players ... there are smaller operators that we have found ways to like and win with," Jim Cramer says....
02:34, 2019-07-10

Amazon workers are reportedly planning a Prime Day protest Amazon employees in Minnesota are reportedly planning a strike on Prime Day this year, as the company is promoting its faster delivery options but not giving its workers enough credit, they say....
18:17, 2019-07-08

Sriracha maker loses lawsuit to its former jalapeno grower The maker of Sriracha hot sauce lost its legal battle with its former jalapeno supplier after a California jury awarded the pepper grower $23.3 million Wednesday....
20:34, 2019-07-05

Nike should've done its research on 'Betsy Ross' flag, says Motus One CEO Nike should've anticipated the controversy surrounding the early American flag on the sneakers it has since pulled, and the decision the company made was smart, said one marketing executive....
23:51, 2019-07-03

From saving Chrysler to buying Jeep, here are Iacocca's greatest achievements Lee Iacocca transformed the auto industry during a legendary career that stretched from the birth of the Ford Mustang through the death of American Motors....
07:17, 2019-07-03

Kim Kardashian is renaming her 'Kimono' company after causing an uproar Reality TV star Kim Kardashian said she's going to change the name of her new "Kimono" brand venture after causing an uproar and drawing accusations of cultural appropriation....
00:51, 2019-07-02

Secondhand luxury retailer The RealReal jumps almost 50% after IPO The shares jumped from an IPO price of $20 apiece Thursday to almost $30 in morning trading on the Nasdaq under the symbol REAL, giving it a preliminary market value of $2.49 billion....
17:34, 2019-06-28

Despite Rite Aid earnings miss, shares surge 24% on Amazon partnership Despite disappointing quarterly earnings results, shares of Rite Aid surged 24% Thursday on news of a deal with Amazon that gave investors hope for a turnaround....
23:34, 2019-06-27

Nike misses on earnings, but beats on revenues as customers buy more sneakers and sports gear Nike sold more sneakers and gear during the fiscal fourth quarter than Wall Street expected, helping to boost revenues by 4% to just over $10 billion....
23:34, 2019-06-27

JetBlue sues Walmart for trademark infringement over Jetblack service JetBlue Airways has sued Walmart for trademark infringement, after the world's largest retailer began using the name Jetblack for its text-based personal shopping service....
21:00, 2019-06-27

Home Depot CEO says company hopes to cut costs to reduce impact of tariffs on consumer prices Home Depot CEO Craig Menear said the company aims to minimize any impact that potential tariffs will have on customers by cutting costs elsewhere in the supply chain. The company makes 70% of its good...
21:00, 2019-06-27

How to future-proof companies and CEOs: Highlights from CNBC Evolve CNBC recently held Evolve in New York City. Among the highlights: Best Buy chairman Hubert Joly on the secrets to his amazing retail turnaround and The New York Times CEO on digital media and making t...
08:34, 2019-06-22

YouTube rolls out augmented reality for viewers to virtually try on makeup YouTube will allow viewers to virtually try on makeup using an augmented reality program called AR Beauty Try-On. MAC Cosmetics is the first company to launch a campaign using it....
00:17, 2019-06-21

Retail executives say shoppers have all the power Shoppers are "very nuanced in their expectations," Ron Johnson, the former CEO of J.C. Penney and the former senior vice president of Apple's retail division, said at CNBC's Evolve Conferenc...
17:34, 2019-06-19

How a '90s nostalgia trend powered the comeback of two century-old sports brands The fashion industry is currently swept up in a storm of nostalgia. Riding on this throwback wave, Italian heritage brand Fila and American sweatshirt producer Champion are enjoying another lease of l...
10:17, 2019-06-19

How the trade war with China could crush California's $2.7 trillion economy and hurt other states The impact of the U.S.-China trade war is greatest in states that export agricultural products, electronics and chemicals directly to China. California has taken the biggest hit followed by Texas, Ill...
20:51, 2019-06-18

Target's stock drops after weekend register meltdown Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according to Apex Marketing....
17:17, 2019-06-17

US companies' message to Trump: Don't expand China tariffs Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squeeze profits, and leave U.S. companies at a competitive disadvantage....
15:00, 2019-06-17

Cramer: Shares of Michael Kors' parent company are cheap — go with the bulls The Michael Kors parent held an analyst meeting earlier this week in which management laid out its growth plans, but it yielded conflicting opinions from the community....
02:34, 2019-06-14

PetSmart's online business, Chewy.com, prices IPO at $22 a share, above expected range Following the IPO, PetSmart will remain majority owner of Chewy. It will use proceeds from the offering for working capital and general corporate purposes, according to filings....
02:34, 2019-06-14

MGA Entertainment CEO says Mattel will be bankrupt 'within a year or so' after takeover bid rejected MGA Entertainment CEO Isaac Larian said toymaker Mattel will be bankrupt "shortly, within a year or so" after the rival company rejected MGA's takeover. Mattel shares dipped briefly following the...
23:00, 2019-06-13

Retailers and restaurants flex online muscle, showing stores can be a strength against Amazon A number of retailers, like Lululemon and Best Buy, and restaurants over the past few weeks have reported explosive growth of e-commerce sales, helped by their stores....
20:34, 2019-06-13

Target makes the latest move in delivery wars with Walmart and Amazon Target is bringing its same-day delivery option to the masses, marking the latest move in an ongoing and heated battle over delivery involving the big-box retailer, Walmart and Amazon....
06:17, 2019-06-13

Gary Vaynerchuk: I've seen this side hustle generate up to $100,000 for kids in debt Gary Vaynerchuk, serial entrepreneur turned social media mogul, may be worth $160 million but he still loves a good side hustle. He has witnesses a gig called retail arbitrage flipping make homeless p...
16:34, 2019-06-11

Beyond Meat shares continue hot streak, jumping as much as 34% to all-time high Shares of Beyond Meat continued to move higher Monday morning as the stock continues to exceed expectations following one of the most successful public debuts so far this year....
16:34, 2019-06-10

Executive chairman of Saks-owner Hudson's Bay Company puts in bid to take retailer private The executive chairman of the owner Saks-owner Hudson's Bay Company, Richard Baker, is leading a bid to take the retailer private, the company announced on Monday....
16:17, 2019-06-10

Walmart will save $30 million by putting new step stools in its warehouses CEO Doug McMillon said Walmart will save at least $30 million this year by putting lighter-weight step stools in its distribution centers for workers to use....
18:34, 2019-06-07

Walmart is going to start delivering groceries inside shoppers' homes Starting this fall, nearly 1 million people across three cities — Kansas City, Missouri, Pittsburgh and Vero Beach, Florida — will have access to Walmart's new in-home delivery option, the retail...
12:00, 2019-06-07

CVS Health promises double-digit earnings growth by 2022 as it tries to allay investor worries CVS Health tried to allay investor concerns Tuesday over its $70 billion acquisition of health insurer Aetna last year, projecting double-digit growth after the two companies are fully integrated in a...
16:34, 2019-06-04

Apparel retail earnings haven't been this bad since the Great Recession Apparel retailers' earnings are down 24% for the first quarter of 2019, Retail Metrics said, the group's worst since the first quarter of 2008....
23:01, 2019-05-31

Mexican tariffs would be bad news for denim retailers Mexico is the biggest supplier of men's and boy's jeans to the U.S., representing about 35% of imports, according to the American Apparel & Footwear Association....
17:34, 2019-05-31

Family-run Latin food giant Goya weighs possible $3 billion sale Goya, one of the most iconic names in Latin American cuisine, has hired investment bank Goldman Sachs to weigh options that could include a sale of the 83-year-old company, people familiar with the ma...
20:34, 2019-05-29

Abercrombie & Fitch CEO says smaller stores are the future (as it closes 3 of its largest stores) While Abercrombie & Fitch is planning to close three more of its flagship retail locations, it's opening additional smaller-format stores in a bid to keep traffic growing....
20:34, 2019-05-29

Apparel retailers Canada Goose, Abercrombie & Fitch and others are getting whacked A handful of poor earnings reports and the threat of 25% tariffs on clothing imported from China is causing some retailers' stocks to take a beating....
20:34, 2019-05-29

McDonald's CEO: China will remain an important market for us 'as long as I can imagine' McDonald's CEO Steve Easterbrook said that trade tensions between the U.S. and China have "absolutely not" changed its strategy in the Asian country....
16:51, 2019-05-29

Canada Goose shares are cratering more than 20% on the luxury coat maker's weak sales outlook Canada Goose shares are falling after the high-end coat maker missed quarterly sales estimates and said it expects slower sales growth in the coming years....
16:34, 2019-05-29

Dick's Sporting Goods shares soar on earnings beat, retailer hikes outlook Shares of Dick's Sporting Goods jump after the sporting-goods retailer reports quarterly earnings that top analysts' estimates, and raises its full-year outlook....
14:51, 2019-05-29

Foot Locker is kicked to the curb, and one technical analyst says it's on track for new lows Foot Locker got roughed up last week. Charts suggest it could see short-lived relief, but beware a fake rally, says Piper Jaffray's Craig Johnson....
17:51, 2019-05-28

Casper, Kylie Jenner's billion-dollar mattress, could be an IPO market sleeper Over 800,000 Instagram likes from Kylie Jenner's followers does not alone make mattress start-up Casper worth billions, but recent hot performance of bedding companies and increased consumer spen...
17:51, 2019-05-26

California lawmaker withdraws bill banning flavored tobacco products after 'hostile amendments' A proposed California bill that would prohibit sales of flavored tobacco products in stores and vending machines in the nation's most populous state was withdrawn Thursday....
05:17, 2019-05-24

McDonald's faces new complaints related to handling of sexual harassment cases The Time's Up Legal Defense Fund, the American Civil Liberties Union and fast-food workers coalition Fight for $15 said Tuesday that they have filed 23 new complaints against McDonald's....
17:34, 2019-05-21

Chinese billionaire Jack Ma: 'I worry about Europe' and its obsession with tech regulation Alibaba co-founder Jack Ma says he's worried about Europe because it's tightening regulations that restrict companies' ability to innovate....
16:00, 2019-05-21

Nike's 'inclusive' image at risk if it fails women athletes, brand experts say Olympic athlete Alysia Montano said when she told then sponsor Nike she wanted to have a baby during her career, the sports giant told her it would pause her contract and stop paying her. Experts say ...
16:00, 2019-05-21

Here's how we're different from Starbucks, says CFO of China's Luckin Coffee on IPO day The CFO China's Luckin Coffee says the tech-based beverage company's business model is setting itself apart from U.S. coffee giant Starbucks....
16:00, 2019-05-21

Walmart gives a first look at its sprawling new home office in Bentonville Walmart is one step closer to moving into a new home office for more than 14,000 people, which will be outfitted with fitness centers for employees and their families, a child-care facility and more d...
16:00, 2019-05-21

Men are a multibillion dollar growth opportunity for the beauty industry The men's personal care industry is predicted to hit $166 billion by 2022, according to Allied Market Research. Last year, men's skin-care products alone saw a more than 7% jump in sales, ac...
16:00, 2019-05-21

Kohl's lands deal with Fanatics to sell its licensed sports gear online Kohl's has signed a deal with Fanatics to sell a wide selection of items from the licensed sports retailer, including NFL jerseys and NBA T-shirts, on Kohls.com....
16:00, 2019-05-21

Dozens of shoe retailers, including Nike and Adidas, sign letter to Trump urging a halt to tariffs More than 170 shoe retailers have penned a letter to the White House asking President Donald Trump to consider a halt to tariff increases on footwear imported from China....
16:00, 2019-05-21

Nordstrom's massive department store for women set to open this October in New York Nordstrom has chosen Oct. 24 for the grand opening of its women's store in New York, the largest single-project investment in the company's history....
16:00, 2019-05-21