Costco shoppers have already shown their love for the retailer’s gold bars and silver coins, and now the company is adding a third precious metal. Nike is sounding the alarm after the company postpones its investor day and withdraws its full-year guidance. And Amazon plans to hire 250,000 seasonal employees to handle the busy holiday season.

These stories and more appear in this week’s retail news roundup.

Costco fans already love their gold and silver bars. Now comes another precious metal

Costco Wholesale (COST) continues to enter the precious metals business. While gold bars and silver coins were previously the focus of buyers, the dealer is now adding a third precious metal: platinum. This is because the company is also reducing food prices and increasing its membership fee.

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Nike stock is in “no man’s land,” says one analyst

As Nike (NKE) prepares for a crucial leadership change, the iconic brand faces a challenging road ahead.

The company postponed its investor day and withdrew its full-year guidance, prompting analysts at Jefferies (JEF) to advise caution. The company predicts that Nike shares will be in “no man’s land” and will remain “in a range” as the company plans its next steps. New CEO Elliott Hill will take over on October 14th, raising questions about whether Nike will finally be able to “Just Do It.”

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What retailers are saying about the major US port strike

In light of the recent port strike, retail giants say they are dealing with possible disruptions to their supply chains as the holiday season approaches.

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Amazon is hiring a quarter of a million employees this holiday season

Amazon (AMZN) said Thursday that it plans to hire 250,000 seasonal workers to prepare for the busy holiday shopping season.

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Bananas, shrimp, wine and more: 10 staples that will be affected by the major US port strike

As a massive port strike has begun in the US, shoppers may soon find it harder to find everyday goods like bananas, salmon and wine. Thousands of dock workers are taking part in the strike, demanding better wages and working conditions.

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Costco’s CEO on how the major US port strike could affect holiday shopping

In light of the recent port strike, Costco (COST) Wholesale Corp. said it is addressing potential disruptions to its supply chain, particularly in non-food imports, as the holiday season approaches.

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Walmart, Target, Home Depot and more: Top 10 US importers as port strike breaks out

Major retailers like Walmart (WMT), Target (TGT) and Home Depot (HD) play an important role in U.S. imports.

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The most common US export is an empty container

In the complex world of U.S. trade, one surprising statistic stands out: The most common “export” from the U.S. overseas is an empty container.

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Walmart is challenging Amazon by going digital

Walmart (WMT) is successfully evolving its business model to better integrate online and in-store shopping, positioning itself to take on e-commerce giant Amazon (AMZN), putting the company on a path to even more could bring greater financial growth, the Baird firm said in a research note.

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Nike shares plunge as investors fear reversal: ‘A comeback of this magnitude takes time’

Nike (NKE) shares fell 8% during early trading on Wednesday after the company withdrew its full-year forecast and postponed its investor day. The moves left investors uncertain about the company’s turnaround efforts under new CEO Elliott Hill, who takes over on Oct. 14.

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Nike postpones its investor day – and the stock falls due to sluggish profits

Nike (NKE) is aiming to “Just Do It,” but its recent quarterly results suggest it may be too early to determine success. The company has now postponed its investor day planned for November.

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The Halloween crime thriller is bringing Christmas home and is becoming the new rising star of retail

As Halloween decorations hit shelves earlier each year, America’s spookiest holiday is casting an ever-longer shadow across the retail landscape. With projected spending of $11.6 billion in 2024, Halloween is approaching the importance of Christmas for retailers and consumers alike.

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Costco says it has lowered prices even as membership fees have increased

As grocery prices continue to rise, Costco (COST) Wholesale said it is providing some relief to customers by keeping prices low on many staples. This comes as part of an increase in membership fees, which the company said it had postponed for two years.

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