Category: Retail News
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. [...]
Buffalo Wild Wings leans into Go takeout format as a third of sales move off premises
The chicken wing category saw its sales surge during the pandemic, and off-premise orders now account for a third of BWW's sales. [...]
Brady, Jeter, Eli and Peyton Manning headline Fanatics’ effort to build a comic-con of sports
Fanatics plans to host a three-day event in New York City in August aiming to be at the center of sports fandom, culture and collecting. [...]