Category: Retail News
Marijuana’s black market is undercutting legal businesses
Across the country, thriving, unregulated marijuana businesses are threatening to undercut legal markets awaiting banking and tax reform. [...]
Most supply chain managers expect problems to continue at least through 2024
More than half of logistics managers surveyed by CNBC do not expect the supply chain to return to normal until 2024 or after. [...]
Jim Cramer’s Investing Club meeting Thursday: Estee Lauder, NFL-YouTube deal, Beer buy
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Judge pauses SEC case in alleged NJ deli stock fraud in favor of criminal probe
A federal judge ruled that the SEC will pause its fraud case involving a New Jersey deli to avoid overlap with the DOJ's ongoing litigation. [...]
Survey shows a Costco membership fee hike would face little resistance — we think so, too
Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Costco (COST). [...]
Under Armour picks Marriott exec Stephanie Linnartz to be new CEO after seven-month search
Under Armour ended its seven-month search for a new CEO by announcing that it had hired Marriott executive Stephanie Linnartz to take the job. [...]
H&M removes Justin Bieber merchandise following criticism from pop star
H&M will no longer sell a line of Justin Bieber merchandise after the musician told fans he didn't "approve" of the clothing bearing his name and [...]
Wall Street analysts are more confident in Nike’s outlook after strong earnings, improving inventory
Nike reported a surprise beat, and has made progress on clearing its inventory backlog. [...]
Nike stock surges after earnings and revenue top expectations
Nike reported fiscal second-quarter earnings after the bell Tuesday. [...]
FedEx earnings sink as soft demand persists
FedEx said it will be able to cut another $1 billion in costs beyond what it previously forecast. [...]