Tag: Shopping
Adidas cuts 2022 outlook on slower China recovery, potential global slowdown
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop.Miguel Candela | SOPA Images | LightRocket via Getty ImagesAdi [...]
Weber shares tank as grill maker announces CEO departure amid disappointing sales
Weber Grill accessories are offered for sale at a home improvement store on July 23, 2021 in Palatine, Ill.Scott Olson | Getty Images News | Getty Ima [...]
7-Eleven cuts 880 jobs as part of restructuring
Peter Parks | AFP | Getty ImagesConvenience store chain 7-Eleven has cut roughly 880 corporate jobs in the United States, CNBC has learned, roughly a [...]
Kohl’s says its chief supply chain officer is leaving
People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida.Joe Raedle | Getty ImagesKohl's said its chief supply chain [...]
Black Rifle Coffee names former Wendy’s CEO as executive chair
Black Rifle Coffee CompanyCourtesy: Black Rifle Coffee CompanyBlack Rifle Coffee, a veteran-founded beverage company that went public earlier this yea [...]
GameStop launches NFT marketplace as it hunts for growth online
NurPhoto | NurPhoto | Getty ImagesGameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a [...]
rising costs are squeezing retailers’ margins
Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar, the Singapore Retailers Association said. Cost pr [...]
Peloton sweetens employee pay incentives as it fights to boost morale
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen.Rafael Henrique | LightRocket | Getty ImagesPeloton swee [...]
Kohl’s real estate sale on the table after deal talks fall apart
People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida.Joe Raedle | Getty ImagesKohl's might not be selling its bus [...]
Kohl’s terminates sale talks with Vitamin Shoppe owner Franchise Group: Sources
A Kohl's store in San Rafael, Calif.Getty ImagesKohl's is terminating talks to sell its business to The Vitamin Shoppe owner Franchise Group, two peop [...]
Ex-Apple exec Ron Johnson’s Enjoy Technology files for bankruptcy
Ron Johnson during a panel discussion at the CNBC Evolve New York event on June 19, 2019.Astrid Stawiarz | CNBCEnjoy Technology, a retail startup foun [...]
3 trends to watch as retailers prep for back-to-school, holiday shopping
Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021.Christopher Occhicone | Bloomberg | Getty ImagesSummer vacation [...]
Why the retail industry is facing a bankruptcy wave
Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California.Justin Sullivan | Getty ImagesThe retail industry is up [...]
Franchise Group considers lowering Kohl’s bid closer to $50 a share from $60
People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida. Kohl’s announced that it has entered into exclusive negotia [...]
Revlon files for Chapter 11 bankruptcy protection
Daniel Acker | Bloomberg | Getty ImagesCosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cu [...]