Category: Retail News

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Fanatics-backed vintage sports brand Mitchell & Ness hires Nike executive as CEO

With Fanatics, Jay-Z and Lebron James as backers, Mitchell & Ness hires a Nike and Jordan Brand executive as CEO to grow its vintage sports appare [...]

Best Buy scales back sales outlook as results top expectations

While Best Buy trimmed its sales guidance for the year, it raised the bottom end of its profit outlook. [...]

CNBC Daily Open: Despite Monday’s bounce, stocks are still wobbly

Markets are trying to make up for a dismal August but that might prove a difficult feat. September's a historically bad month for stocks. [...]

CNBC Daily Open: Despite Monday’s bounce, stocks are still shaky

Markets are trying to make up for a dismal August but that might prove a difficult feat. September's a historically bad month for stocks. [...]

This life-sciences leader continues to demonstrate a nimble M&A strategy

The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET. [...]

Avon owner Natura & Co considers sale of The Body Shop as revenue declines

Brazilian beauty conglomerate Natura & Co, which owns the Avon brand, is considering a sale of The Body Shop after numerous quarters of declining [...]

IHOP rolls out biscuits menu nationwide for the first time as the chain fights slowing sales

The pancake chain has been branching out into different menu categories, such as burritos and savory crepes. [...]

France pays winemakers to rip up vines as famous Bordeaux region faces uncertain future

Extreme weather and changing consumer habits are hitting Bordeaux wine in a way that it is no longer viable for some producers to keep their wine hous [...]

Bed Bath & Beyond shareholders left holding ‘worthless stock’ as bankruptcy hearing approaches

Bed Bath & Beyond shares continue to trade at enormous volumes even as the wildly popular meme stock appears weeks away from being declared worthl [...]

These four trends are shaping the gun industry

The gun industry is finding its footing after a post-pandemic sales slump forced some of the largest manufacturers roll back production. [...]
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