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1 min read

Nike's new CEO acknowledges the brand's rough run in his first message to staff

In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces…

Tom Carter   


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2 mins read

Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut

Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…

Dominick Reuter   


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2 mins read

Nike's incoming CEO will make $27 million — over $2 million less than his predecessor

Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 milli…

Lian Kit Wee   


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3 mins read

Nike's new CEO was an intern at the brand in 1988. He's now in charge of saving one of the biggest sports apparel legacies in the world.

Over the course of over 30 years, he worked his way up to top management. Management experts say t…

Aditi Bharade   


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2 mins read

Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says

With Nike's new incoming CEO Elliott Hill, Nike needs to re-focus on innovation and selling great s…

Lloyd Lee   


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1 min read

Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs

Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn arou…

Alex Bitter   


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2 mins read

Sam's Club's corporate supply chain team is merging into Walmart. Read the internal memo announcing the 'big step.'

Sam's Club aims to benefit from Walmart's massive scale as it looks to close the gap with Costco in…

Dominick Reuter   


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2 mins read

India's home & household market expected to reach $237 billion by 2030, highlights Deloitte report

Stating that factors such as high disposable incomes, the rise of digital platforms, easy access to…

Business Insider Latest Story Image
1 min read

The fashion status symbols that will be popular this fall, from $158 hair ties to $4,500 men's bags

Men are sporting expensive hoodies, women are carrying convenient totes from Coach, and everyone wi…

Amanda Krause   


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1 min read

I shopped at Hannaford, the largest supermarket chain in Maine, and I wish it would come to every state

The company was later led by Edward Hannaford, Arthur's brother, and Stewart Taylor took over as pr…

Erin McDowell   


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2 mins read

Sam's Club is boosting its starting wage to $16 and speeding up raises for nearly 100,000 workers

The average hourly wage at Walmart-owned Sam's Club has increased by nearly 30% in the past five ye…

Dominick Reuter   


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2 mins read

Starbucks' North America CEO is retiring after only 8 months on the job — and he won't be replaced

Starbucks' North American president Sara Trilling will lead regional retail operations after Michae…

Lian Kit Wee   


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1 min read

I went to Red Lobster and saw why the chain has struggled and what it could change

The chain filed for Chapter 11 bankruptcy in May, but Red Lobster says that it's now on track to em…

Alex Bitter   


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3 mins read

Auto parts and dollar store execs warn that low-income Americans are stretched thin and running on borrowed time

Auto parts and dollar stores serve a lot of customers who earn less than $50,000, and the squeeze o…

Dominick Reuter   


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1 min read

I've shopped at Costco for nearly a decade. Here are the 8 biggest mistakes I see customers make.

Costco is a great chain to affordably buy products in bulk.Olivia Yi

Olivia Yi   


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1 min read

I went to Big Lots and saw why the chain is closing stores and filing for bankruptcy

But Big Lots has long marketed itself as a place to find great deals. The company has said that it …

Alex Bitter   


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2 mins read

A Walmart exec explains the surprising reason low-income shoppers pay for a delivery membership

Shoppers who receive government assistance are "doing the math" on gas and public transportation co…

Dominick Reuter   


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2 mins read

McDonald's is extending its $5 deal again, and it's a sign that Americans still feel strapped

McDonald's is extending its $5 meal deal through December and adding more discounts. It's a sign Am…

Alex Bitter   


Business Insider Latest Story Image
4 mins read

These mid-tier brands are winning in fashion while luxury struggles

Mid-tier brands like Zara and Pandora are winners while luxury brands are struggling as aspirationa…

Madeline Berg   


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2 mins read

Amazon's new budget line of food products suggests things aren't getting better for the American shopper

A new bargain grocery brand from Amazon suggests US shoppers will be pinching pennies for a while t…

Dominick Reuter   


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2 mins read

Starbucks' new CEO hints the chain may have become a little too convenient

Starbucks' new CEO Brian Niccol wants customers to hang around its stores for coffee and socializin…

Alex Bitter   


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2 mins read

Costco's app is finally starting to show what's in stock at your warehouse

Costco has been quietly rolling out a long-desired product availability feature on its app and webs…

Dominick Reuter