Tag: Retail industry
Target rolls back major DEI initiatives
Customers exit a Target store on November 20, 2024 in Austin, Texas. Brandon Bell | Getty ImagesTarget on Friday said it's rolling back diversity, equ [...]
Top sports agent says WNBA salaries are ‘blatantly unfair’
The WNBA has a salary problem, and it's "blatantly unfair to its players," according to top sports agent Jeff Schwartz.Schwartz, who founded and runs [...]
Store closures rise, led by Party City, Big Lots, Walgreens
Shoppers seek closeout sale discounts at Party City in Stamford, Conn. July 3, 2023. Tyler Sizemore | Albany Times Union | Hearst Newspapers | Getty I [...]
Shein exec Donald Tang says Trump tariffs should be applied equally
A view of a Shein pop-up store at a mall in Singapore April 4, 2024. Edgar Su | ReutersShein's ultra-cheap clothes can remain affordable as long as pr [...]
Adidas to cut up to 500 jobs
Adidas shoes are displayed at a DSW store in Novato, California, on Jan. 31, 2024.Justin Sullivan | Getty ImagesAdidas plans to cut as many as 500 job [...]
Retail crime ‘queenpin’ Michelle Mack to pay restitution to Ulta
The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and [...]
Procter & Gamble (PG) Q2 2025 earnings
Procter & Gamble on Wednesday reported quarterly earnings and revenue that beat analysts' expectations, thanks to better sales in the U.S. and Chi [...]
Products and companies most at risk
Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois. Scott Olson | Getty ImagesMany of the items that U.S. shoppers brows [...]
FTC sues PepsiCo over price discrimination
Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024.Michael M. Santiago | Getty Im [...]
Investors pitch NBA rival basketball league advised by Maverick Carter
Maverick Carter, co-founder and chief executive officer of The SpringHill Company, during the USC Next Level Sports Conference in Los Angeles, Califor [...]
Target reports holiday sales early Q4 2024 earnings
Ugly Sweater display, OMG! Santa! I know Him! from the movie Elf, on display in Target store, Queens, New York. Lindsey Nicholson | Getty ImagesTarget [...]
Comcast, Harris Blitzer to build NBA, NHL stadium in South Philadelphia
Joe Daniel Price | Moment | Getty ImagesHarris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build [...]
Lululemon, Abercrombie release early 2024 holiday sales numbers
ORLANDO, Fla. -- Lululemon and Abercrombie & Fitch raised their fourth quarter outlooks on Monday after seeing a strong response from shoppers dur [...]
Chuck E. Cheese makes comeback after bankruptcy
Chuck E. Cheese's parent company has spent $230 million renovated its stores.Source: CEC EntertainmentFour years after exiting bankruptcy, Chuck E. Ch [...]
Wayfair to exit Germany, cut 730 jobs in latest layoffs
Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth dri [...]