Tag: Retail industry
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Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule
Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy.CEO Brian Niccol said in a...
Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest financial hit yet from...
Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation
Owner Jeanie Buss of the Los Angeles Lakers and Jay Mohr prior to game one of a first round NBA basketball game between the...
Here are the retailers raising prices as Trump tariffs take hold
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of...
Walmart CFO says price hikes from tariffs could start later this month, as retailer beats on earnings
Walmart on Thursday fell just short of quarterly sales estimates, as even the world's largest retailer said it would feel the pinch of higher...
