In AI We Trust: Why Spending Is So Buoyant
Who wants to go first? President Trump’s announcement that the U.S. will guide stranded ships through the Strait of Hormuz, but not with military escorts…
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Is Nike’s Next Focus an Expanded Presence in Team Sports?
Professional team sponsorships in soccer and lacrosse will help Nike expand and build out its presence in other sports categories separate from its rejuvenation…
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Nike closes in on UEFA ball deal as Adidas bows out
Nike is in exclusive talks to sponsor footballs for European men’s matches, edging out rival Adidas, a move that could provide a visibility boost to the…
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Higher tax refunds could boost consumer spending
Americans are seeing higher tax refunds this year, which has the potential of driving some consumer spending. But the boon for retailers may be short-lived…
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Lululemon Stock Pops on Earnings Beat and CEO Change
Lululemon Athletica stock jumped Thursday after the company posted a better-than-expected fiscal third quarter and said CEO Calvin McDonald would be stepping down next year…
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Lululemon CEO McDonald to step down, shares rise 10%
Lululemon Athletica (LULU.O) said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up…
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Lowe’s Stock Jumps After Earnings Beat. It Raises Questions Over Home Depot.
Lowe’s shares were gaining Wednesday after it beat expectations for third-quarter earnings. The home improvement retailer’s report raises…
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Retail basics propel Dillard’s in Q3
The department store’s strength across categories is less about artificial intelligence and more about merchandising, loyalty and well-run stores….
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Shoppers fear a discount gap this holiday season. Here’s how retailers are responding
Many consumers are worried there will be a pullback in discounts this year, and yet promotions have never been more important for getting…
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Victoria’s Secret Fashion Show Bets on Sexy to Strut the Brand Back to Growth
This year’s Victoria’s Secret Fashion Show was more than a glittery spectacle. It was the ultimate test of new CEO Hillary Super’s turnaround plan…
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