15 Apr Nike breaks ground on new Memphis distribution facility
Nike Inc. broke ground Tuesday on the 1.3 million-square-foot expansion of its Memphis Distribution Center. It will allow the company to ship its footwear, apparel...
Economic news
13 Apr Retail sales contracted in March for 2nd time in 3 months
Economists had expected sales to be flat. The falloff was led by declines in spending at gas stations, department stores and at electronics and...
12 Apr global athletic footwear analysis
The global athletic footwear market was valued at $74.7 billion in 2011 and is forecast to grow at a CAGR of 1.8% during 2011-2018, according...
12 Apr Cool spring hurts footwear
The coldest March in the U.S. since '96 hurt sales and prompted analysts at Sterne Agee to lower earnings estimates for shoemakers as customers delay...
12 Apr Retailers faced a weather double-whammy in March
The weather last month, following as it did three years of unseasonably warm Marches, "made for an uphill battle" for retailers trying to grow sales....
11 Apr Here’s everything small shoe business owners need to know about Obama’s new budget
Here’s a look at the primary components of the budget and what it would mean for small businesses....
08 Apr A primer on the federal budget process
The White House is expected to release its 2014 budget proposal on Wednesday, laying out the president’s vision for how Congress should structure taxes and...
07 Apr Obama Budget Seeks to Trim Entitlements, Raise Taxes
The president's fiscal 2014 blueprint will include $1.8 trillion in deficit reduction over the coming decade and propose dramatically shrinking, but not eliminating, the deficit...
06 Apr Weak March jobs report sends a shiver through the economy
Mainstream economists had expected the report to show between 180,000 and 200,000 new jobs to have been created last month, but the Labor Department reported...
05 Apr EBay Push Complicates Momentum for Online Sales Tax Measure
Online commerce giant eBay Inc. has launched a campaign behind the scenes to greatly broaden an exemption from pending legislation for small online vendors; the...