Adidas to sell remaining Yeezy items — will donate some of the proceedsMonths after it cut ties with controversial rapper and designer Ye (Kayne West), Adidas has finally gone public with plans for its existing Yeezy inventory. CVS exec joining leadership team at AlbertsonsAlbertsons Companies said that Tom Moriarty will join the company as executive VP and general counsel effective June 5, 2023. Foot Locker income dives as sales soften ‘meaningfully;’ names new CFO Foot Locker posted a tough first quarter with falling sales and earnings that missed Street estimates. Montana passes historic TikTok ban One U.S. state has taken the step of entirely banning the use of TikTok within its borders. The top consumer concerns are… Consumer priorities are shifting. Target tops estimates; expects $500 million hit in annual profit due to theft Target Corp.’s first-quarter earnings and sales were better than expected even as consumers focused on necessities over discretionary items and shopped more in-store than online. Lululemon senior VP, global creative director dies; was 15-year Nike veteran Lululemon Athletica is mourning the loss of one of its senior executives. Home Depot sales fall amid rough weather, falling lumber prices; expects sales decline The Home Deport is expecting its first annual sales decline in more than a decade. Trader’s Joe’s names new CEO The longtime chief executive of Trader Joe’s is stepping down. Consumer sentiment tumbles in mid-May; debt ceiling crisis could make thing worse Rising economic concerns caused consumer sentiment to take a nosedive in early May. NRF: U.S. economy ‘remained in gear’ during the first quarter The difficulties of taming inflation was evident in the first quarter as consumer spending grew 6.5% over the previous quarter. Kearney: U.S. executives cautiously optimistic about end of inflation The good news is that the current inflationary cycle seems to be nearing its end. First Previous 26 27 28 29 30 Next Last
