Category: Retail News
The American dollar store has fallen on hard times
The dollar store has been a shopping staple for many lower-income Americans, but lately it's been a struggle. [...]
How American malls survived the slow death of department stores
American malls are shifting their business models as department stores are closing nationwide. [...]
Macy’s proxy fight is over, but the battle for the department store’s future wages on
CEO Tony Spring is on the clock to execute a turnaround vision with potential buyers pressing ahead with a bid to take Macy's private. [...]
Nike CEO blames remote work for innovation slowdown, saying it’s hard to build disruptive products on Zoom
Nike CEO John Donahoe blamed remote work for the company falling behind on innovation, saying it's tough to build disruptive products on Zoom. [...]
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
Nike CEO John Donahoe acknowledged that the brand went too far when it iced out wholesalers like Macy's and DSW in favor of its own stores and website [...]
Top Amazon exec says it’s a ‘myth’ robots steal jobs
Stefano La Rovere, director of global robotics at Amazon, said that, rather than replacing jobs, robotics and other technologies are enhancing people' [...]
The Profit Margin Equation: Balancing Wholesale Costs and Retail Pricing
Discover how to balance wholesale costs and retail pricing to maximize profit margins. Learn the profit margin equation and strategies for efficient p [...]
Modelo maker Constellation’s upbeat forecast should send the stock to new highs
Strength in Constellation's beer business shows zero signs of slowing down heading into the summer and beyond. [...]
Ohtani translator accused of stealing $16 million from Dodgers star
Ippei Mizuhara been the subject of an investigation surrounding millions of dollars in wire transfers from Ohtani's bank account. [...]
Jim Cramer takes Costco’s big dividend increase as a sign the stock could go higher
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]