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Tuesday, August 9, 2022

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Adidas lowers outlook for slower recovery in China in 2022, possibly global slowdown

Pedestrians walk past a large Adidas logo in the German multinational sportswear store.Miguel Candela | SOPA images | LightRocket via Getty ImagesAdidas...

Stocks making the biggest moves in the afternoon: Walmart, Shopify, 3M, General Electric and more

Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022.Bing Guan | Bloomberg | Getty ImagesCheck out the companies...

Walmart cuts earnings guidance as inflation forces shoppers to spend more on basic necessities

Walmart lowered its quarterly and full-year earnings forecasts Monday as inflation causes shoppers to spend more on necessities like food and less on items...

Target Hunts For Bigger Ecommerce Profits With New Delivery Hubs, Fleet Of Drivers

MINNEAPOLIS — Every day, hundreds of drivers park at a delivery center in Target's hometown and load the trunks of their personal cars with...

From Gap to GameStop, there’s an exodus of retail executives underway – and more to come

Shoppers explore a largely empty shopping center in Columbus, Ohio.Matthew Hatcher | Getty ImagesDon't expect the flow of exits from retailers' C-suites to...

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