Shares of Adidas jumped on Wednesday after the company raised its full-year guidance and reported a first-quarter profit hike, according to preliminary figures.
Planet Fitness has appointed a new CEO effective June 10 after a monthslong search for new leadership.
https://www.cnbc.com/2024/04/16/planet-fitness-names-new-ceo.html
South Carolina coach Dawn Staley said women's basketball will only get bigger after her team's undefeated season and Caitlin Clark's record-breaking run.
The new company will be publicly traded on the London Stock Exchange under the ticker "TGIF."
https://www.cnbc.com/2024/04/16/tgi-fridays-to-go-public-through-merger-with-its-uk-franchisee.html
Shares of Dr. Martens plunged to a record low in early deals after the shoemaker flagged a challenging 2025 outlook.
Peloton debuted an unlimited free membership option for its app last year in a bid to win over new customers, but the company quietly ended the initiative.
https://www.cnbc.com/2024/04/15/peloton-removes-free-app-membership.html
The market entered oversold territory after Friday's session, prompting us to look for a place to do some buying.
The ongoing challenges for department stores keep playing into the hands of off-price competitors like TJX — even if its stock hasn't keep pace.
The dollar store has been a shopping staple for many lower-income Americans, but lately it's been a struggle.
https://www.cnbc.com/2024/04/14/the-american-dollar-store-falls-on-hard-times.html
American malls are shifting their business models as department stores are closing nationwide.
https://www.cnbc.com/2024/04/14/how-american-malls-survived-the-slow-death-of-department-stores.html
CEO Tony Spring is on the clock to execute a turnaround vision with potential buyers pressing ahead with a bid to take Macy's private.
Nike CEO John Donahoe blamed remote work for the company falling behind on innovation, saying it's tough to build disruptive products on Zoom.
https://www.cnbc.com/2024/04/12/nike-ceo-blames-remote-work-for-innovation-slowdown.html
Nike CEO John Donahoe acknowledged that the brand went too far when it iced out wholesalers like Macy's and DSW in favor of its own stores and website.
https://www.cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Stefano La Rovere, director of global robotics at Amazon, said that, rather than replacing jobs, robotics and other technologies are enhancing people's roles.
https://www.cnbc.com/2024/04/12/top-amazon-exec-says-its-a-myth-robots-steal-jobs.html
Strength in Constellation's beer business shows zero signs of slowing down heading into the summer and beyond.
Ippei Mizuhara has been the subject of an investigation surrounding millions of dollars in wire transfers from Ohtani's bank account.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
The chicken wing category saw its sales surge during the pandemic, and off-premise orders now account for a third of BWW's sales.
https://www.cnbc.com/2024/04/11/buffalo-wild-wings-go-format-off-premise-sales.html
Fanatics plans to host a three-day event in New York City in August aiming to be at the center of sports fandom, culture and collecting.
Store credit cards allow retailers to drive repeat purchases and make a cut of cash. Even before a new CFPB ruling, the revenue segment was under pressure.
The reshuffle moves Macy's closer to a deal that could take the 165-year-old department store private.
Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to Yelp.
https://www.cnbc.com/2024/04/10/top-10-fastest-growing-chains-in-the-us.html
Piper Sandler has released the spring edition of its semiannual "Taking Stock With Teens Survey," with solid results for several names in our portfolio.
Bowlero's former longtime chief information officer wants to sue the company for retaliation and extortion and claims he was fired because of his age.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the big-box retailer.
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.
DraftKings reported a record NCAA tournament, with sports betting now legal in 38 states plus Washington, D.C.
https://www.cnbc.com/2024/04/09/barstools-dave-portnoy-won-2point7-million-on-uconn-ncaa-bet.html
3G Capital, which helped to engineer the Kraft Heinz merger, had seen its influence at the company wane.
https://www.cnbc.com/2024/04/09/3g-capital-quietly-exited-its-kraft-heinz-investment-last-year.html
Boulder, Colorado, is a hub for the natural and wellness industry, driven by a culture of healthy living and appreciation for entrepreneurship.