Foot Locker Inc. reported that excluding a special charge related to litigation, earnings climbed 17 percent in the third quarter to $141 million, or 20 cents a share. Results exceeded Wall Street's consensus estimate of 94 cents a share....
Nike, Inc. said its board of directors approved a new four-year, $12 billion program to repurchase shares of Nike’s class B common stock....
To kick off its fourth annual “Week of Greatness,” athletic retailer Foot Locker unveils two new commercials starring comedian Tracy Morgan. The week begins Nov. 21....
Wolverine World Wide, Inc. appointed Richie Woodworth to the position of president of the company's Lifestyle Group, which includes the Sperry, Stride Rite, Keds, and Hush Puppies brands, effective Jan. 3, 2016....
Nike Inc. will open a two-level, 22,000-square-feet store in downtown Detroit in spring 2016....
The U.S. International Trade Commission (USITC) has instituted an investigation to assess the likely impact of the Trans-Pacific Partnership Agreement on the U.S. economy as a whole and on specific industry sectors and the interests of U.S. consumers....
Wal-Mart Stores Inc. gave the market a nudge Tuesday with in-line revenues and comparable store sales and better-than-expected Q3 earnings. “Overall we had a good quarter,” said Walmart President and CEO Doug McMillon during the firm’s conference call. ...
Kohl’s Department Stores appointed Sona Chawla to the newly created position of chief operating officer, reporting directly to Kohl’s chairman, chief executive officer and president Kevin Mansell....
Gazelle Sports is opening a store in downtown Birmingham, MI in early summer 2016. The run specialty retailer, which is celebrating its 30th anniversary in 2015, already has four stores in Michigan in Grand Rapids, Kalamazoo, Holland and Northville. ...
Lululemon Athletica inc. plans to hire former Nike executive Gina Warren as executive vice president, culture & talent, effective Feb. 1, 2016. ...