Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a ...
Tag: Retail industry
Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest ...
Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home
Shares of Kroger rose more than 9% on Friday as the supermarket operator raised its full-year sales outlook and said ...
Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing
Returns on Amazon are free and easy for shoppers, but they're risky and expensive for the small businesses that sell ...
Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation
Owner Jeanie Buss of the Los Angeles Lakers and Jay Mohr prior to game one of a first round NBA ...
Nike pushes back Skims launch with Kim Kardashian due to production delays
NikeSKIMS, a new brand from NIKE Inc. and SKIMS.Courtesy: NikeSKIMSKim Kardashian fans are going to have to wait a little ...
Starbucks moves to the next phase in its turnaround: Winning over employees
Customers order at a Starbucks in Manhattan Beach, California, on July 19, 2024.Jakub Porzycki | Nurphoto | Getty ImagesAs Starbucks ...
Shares of scandal-plagued Brazilian meat giant JBS rise 3% in U.S. public debut
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty ...
Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy
Former Starbucks CEO Howard Schultz drinks from a Starbucks mug while testifying before a Senate Health, Education, Labor, and Pensions ...
Starbucks to roll out Microsoft Azure OpenAI assistant for baristas
A Starbucks store is shown in Encinitas, California, on Feb. 24, 2025.Mike Blake | ReutersStarbucks plans to roll out a ...
