03 Sep J.C. Penney Sale Talks Reach ‘Stalemate,’ Raising Threat Of Liquidation
J.C. Penney’s discussions with potential acquirers of the company have hit a “stalemate” and the bankrupt retailer’s top lenders are considering making a “credit bid”...
Author: Andy Polk
03 Sep Toms COVID-19 Global Giving Fund Generates $2 Million
Toms, the company that designs and markets shoes as well as eyewear, coffee, apparel, and handbags, based in Los Angeles, CA, generated a total of...
03 Sep John Donahoe Sees COVID-19 Response Showcasing Nike’s Strengths
In his first shareholder letter since taking over as Nike’s CEO and president in January, John Donahoe wrote that COVID-19 “offered a stress-test” of its...
03 Sep Timberland Elevates Sustainability Goals
Timberland announced a goal for its products to have a net positive impact on nature by 2030. The goal includes having all products designed for...
03 Sep Shoe Carnival Sees Record Q2 On Strong Athletic Footwear Sales
Shoe Carnival Inc. reported record sales in the third quarter as same-store sales grew 12.6 percent and online sales more than tripled. Earnings were down...
27 Aug Inside The Call: Nordstrom CEO Sees Permanent Shift After Virus Response
Nordstrom Inc., as expected, took it on the chin with fiscal second-quarter top-line results, but company management saw a silver lining to the dark clouds...
27 Aug Foot Locker’s Q2 Comps Soar 18.6 Percent
Foot Locker Inc. reported earnings rose 7.6 percent on an adjusted basis as same-store sales jumped 18.6 percent. Results were in line with a pre-announcement...
27 Aug Analyst: Nike Will No Longer Sell To These Nine Big Retailers
Susquehanna International Group said in a note Monday that proprietary checks confirm that Nike will be closing nine wholesale accounts: City Blue, VIM, EbLens, Belk,...
27 Aug Black Diamond Expands Retail Footprint To Park City
Black Diamond Equipment (BD), a manufacturer of climbing, skiing and mountain sports equipment, announced plans to expand its retail footprint to Park City, UT and...
27 Aug Foot Locker Opens Community Power Store In Compton
Foot Locker announced the grand opening of its first West Coast community-based Power Store in Compton, CA. The 12,800- square-foot store is scheduled for August...
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