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4 mins read
Insider Today: Nike's airball
In this Sunday edition of Insider Today, we're talking about Nike's business woes, and Larry Page's…
Matt Turner
2 mins read
It's a tough time in retail — and CEO heads keep rolling
Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and c…
Mary Hanbury
7 mins read
How Prada is beating the odds and bucking the luxury slump
Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the …
Madeline Berg
3 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
2 mins read
Retailers are highlighting two very different realities emerging among squeezed US shoppers
While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…
Alex Bitter
4 mins read
Inside the legal battle over the fate of the biggest supermarket merger in US history
Kroger and Albertsons are duking it out with US antitrust regulators who have sued to block the pro…
Natalie Musumeci
11 mins read
America has a shoplifting epidemic. The thieves aren't who you think.
Suburban shoppers like the "Parmesan Bandit" are pilfering everything from tape measures to blocks …
Emily Stewart
3 mins read
Cheesemakers left reeling after a 'bizarre' heist of cheddar worth almost $400,000
Tom Calver of Westcombe Dairy said the sting was "incredibly sophisticated and also really quite su…
Maria Noyen
3 mins read
Why fast-food chains and big brands love loyalty programs
Retailers and fast-food giants like McDonald's, Starbucks, and Costco leverage loyalty programs to …
Nora Redmond
3 mins read
Peloton's new CEO has a chance to turn things around. Here's what he needs to do.
Peloton is betting that its new CEO, Peter Stern, can help turn the struggling company around after…
Madeline Berg,Mary Hanbury,Er…
2 mins read
Amazon said its shoppers keep choosing cheap items – and that's good for business
Cost-conscious consumers are turning to Amazon's Prime deals and events, the company's chiefs said.
Aditi Bharade
2 mins read
McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…
Nora Redmond
3 mins read
Costco, Starbucks, and other retailers double down on loyalty programs to win over thrifty Americans
As Americans get thrifty, retailers are turning to the tried-and-true strategy of loyalty programs …
Dominick Reuter,Alex Bitter
3 mins read
Sam's Club CEO says automating stores isn't a move to eliminate jobs
"We will not have fewer associates in clubs," Sam's Club CEO Chris Nicholas told Business Insider.
Dominick Reuter
3 mins read
Rihanna's Fenty Beauty is about to release a $250 makeup kit in collab with one of Netflix's biggest animated hits
"Fenty Beauty x Arcane: The Legends Vault" is set to drop on November 2 and is priced at $250.
Aditi Bharade
2 mins read
The latest sign Costco is having a 'Netflix moment'
Morgan Stanley analysts say they've seen "surprising conversion rates" of previously non-member Cos…
Dominick Reuter
2 mins read
LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.
LVMH gave clients "once-in-a-lifetime access" and hosted high-profile events attended by fashion an…
Lian Kit Wee
2 mins read
Denny's is closing 150 locations in the latest sign of the squeeze on family dining
About 50 restaurants will be shut this year with the other 100 closing in 2025 in an attempt to rai…
Nora Redmond
1 min read
Bed Bath & Beyond owner to lay off 20% of its workforce
Beyond, Inc., formerly known as Overstock, said in a regulatory filing that it will cut one-fifth o…
Dominick Reuter
2 mins read
Things aren't looking great at Gucci, and Kering says its APAC slump is to blame
The Italian luxury brand saw a 25% drop in quarterly revenue as compared to a year before.