How Under Armour signed Stephen Curry away from Nike
In 2013, Stephen Curry shocked the sneaker world by signing with then-upstart athletic company Under Armour over basketball powerhouse Nike.At...
Retail industry
Private equity firm Roark Capital invests in fast-growing restaurant chain Dave's Hot Chicken
Private equity firm Roark Capital has bought a majority stake in Dave's Hot Chicken, the company announced on Monday.Financial terms...
Here are the retailers raising prices as Trump tariffs take hold
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on...
Costco tops earnings and revenue estimates as sales jump 8%, shares still dip
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin |...
American Eagle issues downbeat quarterly guidance as earnings miss expectations
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer...
Gap shares plummet as retailer says tariffs could cost between $100 and $150 million
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersGap said...
Non-alcoholic beer projected to overtake ale as the second-largest beer category worldwide this year
Non-alcoholic beers photographed for Food in Washington, DC on March 11, 2024. Scott Suchman | The Washington Post | Getty...
Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak...
E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in up to $1 billion deal
Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London,...
Abercrombie & Fitch soars 27% even as retailer slashes profit outlook due to tariffs
Shares of Abercrombie & Fitch soared on Wednesday, even after the retailer slashed its profit outlook due to tariffs, which...
Dick's Sporting Goods stands by full-year guidance — even with tariffs looming
A sign is posted in front of a Dick's Sporting Goods store on September 04, 2024 in Daly City, California. Justin...
Macy’s cuts profit outlook as tariffs, promotions hit its business
Macy's cut its full-year profit guidance on Wednesday even as it beat Wall Street's quarterly earnings expectations.In a news release,...
How the tycoons behind Kind Bars, Hot Pockets and other snacks diversify their fortunes
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the...
How Nashville transformed from Music City into a booming business hub
Nashville, Tennessee, has transformed from its reputation as "Music City" into a major U.S. metro thanks to rapid population growth,...
Nike will raise prices on a wide range of products as soon as this week
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and...
Canada Goose shares soar nearly 20% as company beats estimates, pulls full-year guidance
Shares of Canada Goose rose nearly 20% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts' estimates,...
Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback
Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs, and backlash...
Lowe's sticks by full-year forecast as sales from home professionals boost business
Lowe's on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself...
Burger King targets families through movie partnerships in latest stage of turnaround
Burger King's "How to Train Your Dragon" menu items include the Dragon Flame-Grilled Whopper, Fiery Dragon Mozzarella Fries, Soaring Strawberry...
Why Walmart decided to say it would raise prices — and risk Trump’s fury
A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | ReutersLast month, Walmart downplayed how...
