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Retail
Panera Brands CEO Jose Duenas steps down, CFO to fill in
A Panera Bread restaurant in Miami Beach, Florida, Nov. 8, 2017.Joe Raedle | Getty ImagesPanera Bread's parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately.The change in leadership is the latest…
Comcast, Harris Blitzer to build NBA, NHL stadium in South Philadelphia
Joe Daniel Price | Moment | Getty ImagesHarris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA's 76ers and the NHL's Flyers.The deal…
Barry’s Bootcamp closes private capital round
Participants work out at Barry's Bootcamp at Red Studios in Los Angeles. Wally Skalij | Los Angeles Times | Getty ImagesAs the boutique fitness sector starts to buckle, Barry's Bootcamp on Monday announced new investment from Princeton…
Wayfair to exit Germany, cut 730 jobs in latest layoffs
Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth drivers such as physical retail, the company said Friday.About half of the affected…
McDonald’s to close three CosMc’s locations — and open two more
A sign hangs outside of a CosMc's restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023.Scott Olson | Getty ImagesMcDonald's will shutter three locations of its drinks-focused spinoff brand,…
JWN raises sales outlook after better holiday season
Shoppers walk into a Nordstrom department store in Austin, Texas, March 3, 2023.Brandon Bell | Getty ImagesNordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in stronger…
Puma challenges Tiger Woods’ Sun Day Red logo
Puma logo (L) and Sun Day Red Tiger logo (R)Source: U.S. Patent and Trademark OfficeSun Day Red is not out of the woods yet in regard to trademarking its logo.Footwear giant Puma filed a last-minute notice of opposition against Tiger…
NHL plans to host two outdoor games in Florida in 2026
Sean Pavone | Istock | Getty ImagesOutdoor hockey in Florida? The National Hockey League says it is up for the challenge.The NHL announced Wednesday that it will host its first outdoor games in the Sunshine State.The league will feature…
True Religion acquired by PE firm, Jay Schottenstein firm
True Religion Brand Jeans shop entrance: The company sell what they refer to as 'premium denim' which is handmade in America. Roberto Machado Noa | Lightrocket | Getty ImagesJeans brand True Religion has been acquired by private equity…
Ulta Beauty names new CEO Kecia Steelman to replace Dave Kimbell
People walk past an Ulta Beauty store in the Manhattan borough of New York City on March 8, 2022.Carlo Allegri | ReutersUlta Beauty CEO Dave Kimbell is retiring and will be replaced by the retailer's Chief Operating Officer Kecia…