Browsing Category
Retail
Nike has had a rocky year — here’s why a comeback will take time
Nike, the world's largest sportswear brand, is on a mission to regain its stride after a challenging year.Analysts say a yearslong series of strategic errors led to the company's worst trading day ever over the summer, during which…
Credit card debt set to hit record levels as consumer holiday spending
A woman shops at a Target store in Chicago on Nov. 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesHeading into the holidays, many Americans were already saddled with record-breaking credit card debt. And yet, consumer spending is set to…
The busiest return season of the year is about to begin
After a strong start to the holiday season, consumer spending is on track to reach record levels this year. But many of those purchases will soon be returned.December's peak shopping days are closely followed by the busiest month for…
How e-commerce is disrupting traditional seasonal work in retail
The holiday buying season is here, but the familiar rush of shopping and seasonal jobs is taking on a new shape as online shopping continues to shift the work landscape. This year, retailers are expected to add 520,000 seasonal jobs, a…
Both sides of Amazon scored big wins that should carry over into 2025
Amazon had a great year as corporate IT cloud spending came back and e-commerce was humming. The direction of the economy next year is the big wild card. Year-to-date performance: up 48.1% Forward price-to-earnings multiple: 36.2 versus…
U.S. sues Walmart, Branch Messenger over driver payment accounts
A Walmart truck pulls out of a Walmart Distribution Center in Hurricane, Utah, on May 30, 2024.George Frey | Afp | Getty ImagesThe Consumer Financial Protection Bureau filed a complaint Monday against Walmart and work-scheduling platform…
We’re buying the recent dips on 2 stocks in the most oversold market in
We're buying 50 shares of CrowdStrike at roughly $354 each and 25 shares of Home Depot at roughly $390. Following Thursday's trades, Jim Cramer's Charitable Trust will own 200 shares of CRWD, increasing its portfolio weighting to 2% from…
CEO departures at U.S. companies hit a record this year
Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuters), former Intel CEO Pat Gelsinger (Getty Images)TL: CNBC | TR: Getty Images | BL:…
Starbucks workers strike in LA, Chicago and Seattle ahead of Christmas
Starbucks Workers United members picket outside a Starbucks store in Chicago, Illinois, US, on Friday, Dec. 20, 2024. Vincent Alban | Bloomberg | Getty ImagesStarbucks baristas in some locations are planning to strike through Christmas…
Pro pickleball players are getting a higher salary than WNBA players
NEW YORK CITY, NY - SEPTEMBER 21: Anna Leigh Waters of the New Jersey Fives rallies the ball during a Major League Pickleball match on September 21, 2024 at Wollman Rink in New York, New York. (Photo by Andrew Mordzynski/Icon Sportswire…