The stock market is struggling with several challenges that it can’t really grasp correctly. They are mostly behind the scenes and are working to destabilize some sectors that worked for …
Illustration by Elham Ataeiazar After pushing back his retirement four times, Bob Iger finally made the leap. On Feb. 25, 2020, he announced he would step down as Disney’s CEO. …
Mitchell & Ness was founded in 1904 in Philadelphia, Pennsylvania. Source: Fanatics Mitchell & Ness, the lifestyle clothing brand known for its throwback and vintage jerseys and apparel that was …
CNBC’s Jim Cramer on Wednesday discussed Wall Street’s attitude toward consumer-focused companies, saying that consumer weakness has sent the stock of many companies shooting down. “When the consumer’s tapped out, …
Customers walk with Foot Locker shopping bags on the Third Street Promenade in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images Foot Locker reported another quarter of …
People walk past a Nike sporting goods store at a shopping complex in Beijing, China, March 25, 2021. Florence Lo | Reuters Nike’s stock tumbled Wednesday for the 10th day …
Macy’s on Tuesday topped Wall Street’s quarterly sales expectations, even as it struck a cautious note about consumer spending for the back half of the year. The department store operator …