Category: Retail News
PepsiCo plans to cut hundreds of corporate jobs, report says
PepsiCo is eliminating hundreds of jobs in North American workforce, according to the Wall Street Journal. [...]
Nike and Kyrie Irving split up after antisemitism controversy
Nike said Monday that Brooklyn Nets star Kyrie Irving is no longer affiliated with the athletic wear giant. [...]
Jim Cramer’s Investing Club meeting Monday: Trimming oil, Starbucks, Eli Lilly
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
VF Corp. lowers full-year guidance, announces CEO is retiring
VF Corporation on Monday lowered its revenue and earnings expectations for the second half of its fiscal year. [...]
This retailer has a unique view of the industry. Its profit warning doesn’t bode well for the holiday season
The parent of brands such as Vans and Timberland said full-year results will miss the mark it set only a few weeks ago. [...]
Drew Brees fakes lightning strike in promotional stunt for online sportsbook
Legendary New Orleans Saints quarterback Drew Brees faked being struck by lightning as part of a promotional stunt for betting company PointsBet. [...]
Elon Musk suspends Ye’s Twitter account after swastika post
Ye, formerly known as Kanye West, appeared to post an image of a swastika, a symbol synonymous with the Nazis, inside a Star of David. [...]
Las Vegas Strip’s biggest property owner in deal to take full ownership of two casinos
VICI Properties is taking full ownership of MGM Grand Las Vegas and Mandalay Bay by buying Blackstone's stake in the casino resorts. [...]
Ulta Beauty boosts outlook, as shoppers keep splurging on makeup
Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street's quarterly earnings and sales expectations. [...]
NBA champions Shaq and Alonzo Mourning talk charity, pickleball and the state of the NBA
The former teammates are giving back to their community by refurbishing basketball court in Miami. [...]