Retail industry
- Entrepreneurs
Lululemon to shutter Washington distribution center, lay off 128 employees after tripling warehouse footprint
Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new…
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Drone startup Zipline hits 1 million deliveries, looks to restaurants as it continues to grow
A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea…
Read More » - U.S. News
Procter & Gamble raises earnings forecast but quarterly sales disappoint
In this photo illustration, Pantene and Head & Shoulders hair products are displayed on July 28, 2023 in San Anselmo,…
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Adidas shares rise 6% after first-quarter profit hike, improved outlook
Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty Images…
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Planet Fitness shares fall as company announces new CEO, though analysts see upside
A portrait of Colleen Keating. Courtesy of Planet Fitness Planet Fitness announced Tuesday that Colleen Keating will take over as…
Read More » - Europe
TGI Fridays to go public through merger with its U.K. franchisee
The TGI Fridays logo is seen on one of its restaurants in London, U.K., on May 27, 2020. John Lamparski…
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Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook
Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted…
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Macy’s proxy fight is over, but the battle for the department store’s future wages on
Shopping bags in front of the Macy’s Inc. flagship store in the Herald Square area of New York, US, on…
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Denver and its craft breweries embrace nonalcoholic beer, spirits
Denver Beer Co. Courtesy: Denver Beer Co. This story is part of CNBC’s new quarterly Cities of Success series, which…
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