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1 min read

Nike shuts down 35% of its Indian stores to cut losses

"As part of its strategy, Nike is reducing its number of partners in the country and will be workin…

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2 mins read

Rajasthan, Uttar Pradesh saw most Internet shutdowns after Jammu and Kashmir in the last 10 years

In this post, we look at the states and union territories in India that have seen the most int…

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4 mins read

Amazon is about to claim a new victim in the retail apocalypse

First, Binetti sees Nike stepping up its efforts to push sales directly to the consumer. That is es…

Jonathan Garber   


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Ola denies shutting down Foodpanda, says it has a refocused approach to food delivery

Ola has denied media reports about Foodpanda shutting down. Instead the Indian ride-hailing unicorn…

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A Maine town reportedly shut down after its only clerk quit when her vacation request was denied

The Bangor Daily News reported that Christen Bouchard, in addition to her job as a clerk, handled r…

Taylor Ardrey   


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Sports Authority is kicking off a massive clearance sale at all its stores before shutting them down - here are the details

"Our liquidation sales will offer shoppers extraordinary opportunities to buy the kinds of sporting…

Hayley Peterson   


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Macy's might shut down more stores

"The contraction puts more pressure on some of our mall-based stores, where we have already seen a …

Hayley Peterson   


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Smash-and-grab robberies are out, organized cargo theft is surging up 57% higher than last year, and the thieves are targeting your Nikes

Thieves stole over $44 million in retail cargo in Q2 of 2023, pilfering an average shipment value o…

Katherine Tangalakis-Lippert   


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3 mins read

The CEO of the 'Airbnb of retail' explains why stores should be run by 'showmen' instead of 'accountants' in order to survive

"The store incentivizes users to engage with the brand through their mobile app by offering enhance…

Mary Hanbury   


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1 min read

Nike is expected to cut ties with Zappos, Belk, Dillards and 6 other retailers as the footwear giant doubles down on digital

Nike confirmed to Business Insider that it is slashing the number of "strategic partners" it works …

Hayley Peterson   


Shoshy Ciment   


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3 mins read

Nike just revealed a disturbing statistic - and shares are falling

There are the major competitors - like Lululemon and Under Armour - and then there are more niche b…

Mallory Schlossberg   


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2 mins read

Nike is leaving its iconic Niketown property - and the fact that Trump owns it is reportedly a factor

Nike's move is likely predominately motivated by a change in its strategy, which is now focused on …

Dennis Green   


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2 mins read

The 8 Retailers That Will Shut Down The Most Stores This Year

24/7 Wall St. reviewed the weakest large U.S. retailers and picked those that likely will not be pr…

24/7 Wall St.   


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Uniqlo to keep its stores in Russia open as dozens of other global chains pull out

"Clothing is a necessity of life. The people of Russia have the same right to live as we do," Tadas…

Mary Hanbury   


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3 mins read

Nike is facing 3 major challenges to its business

There are the major competitors - like Lululemon and Under Armour - and then there are more niche b…

Mallory Schlossberg