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Retail

Nike (NKE) earnings Q1 2025

An employee carries shoe boxes at the Footlocker retail store at Barton Creek Square Mall on August 28, 2024 in Austin, Texas. Brandon Bell | Getty Images Nike announced Tuesday that the company is withdrawing its full-year guidance and postponing…

A possible port strike could be a game-changer for small businesses

Consumers face higher prices and reduced supply if dock workers go on strike If about 45,000 union workers strike at 36 ports from Boston to Houston, consumers will feel the impact. Time is running out to prevent a strike at…

The ports of New York and New Jersey are preparing for a longshoremen’s strike on Tuesday

3 minute read Video: We take you behind the scenes of Port Newark New Jersey’s ports — among the busiest in the U.S. — are facing a pivotal moment that requires innovation and collaboration along a complex supply chain An…

The hype surrounding the Starbucks CEO is “exaggerated,” says Jefferies

The shocking announcement that Chipotle CEO Brian Niccol is taking the helm of Starbucks following the departure of former boss Laxman Narasimhan was a much-needed shock to the coffee giant’s stock: The company’s shares rose 22% the day after the…

The fall of former Nike CEO John Donahoe: What went wrong

When Nike announced John Donahoe’s resignation as CEO on Thursday, his departure after a difficult tenure was a brutal reminder to corporate boards: Focus on a company’s core business when looking for a new CEO. When Donahoe took over as…

“There are probably no quick solutions”

Nike’s CEO is stepping down, and some on Wall Street don’t seem to be taking the news very positively. After the market closed Thursday, the sneaker giant announced that CEO John Donahoe will retire on Oct. 13. Elliott Hill, who…

Amazon connects independent sellers with GenAI Assistant

Amazon relies entirely on generative artificial intelligence (GenAI) for its community of independent sellers. Announced on Thursday (19 September) at his Amazon Accelerate Event in Seattle, a new GenAI initiative aims to loosen the complexity that independent sellers face when…

Shein and Temu targeted by White House de minimis rules

U.S. President Joe Biden delivers a speech during a visit to the United Association Local 190 training center in Ann Arbor, Michigan, U.S., September 6, 2024. Craig Hudson | Reuters The Biden administration announced new steps on Friday to curb…

Target plans to hire 100,000 employees for the holidays, staying at 2023 levels

Target says it plans to hire around 100,000 employees for the holiday shopping season. The retailer’s plans, announced on Monday (September 16), are in line with last year’s hiring numbers and come at a time when analysts expect a slightly…

How to get a reservation at Casa Bonita near Denver (2024)

Since Casa Bonita reopens post-pandemic in 2023, it’s technically been in a soft opening phase — or “beta testing” as owners Matt Stone and “South Park” star Trey Parker call it. So the only way to get a table there…