Discussing the resume for new Target CEO Brain Cornell and what he must do to help the company succeed, with Stacey Widlitz, SW Retail Advisors.» Read More
A week after Kellogg's chose to make a statement on Michael Phelps even though its deal with the swimmer was set to expire in days, the company is probably facing more heat than it expected.
Over the past couple days, we've seen a lot of ticket price announcements from NFL teams to college football teams to NBA franchises. So what have teams done? Here's a list of recent ticket announcements.
The question was posed to me over the weekend. Who loses financially if Alex Rodriguez did indeed take performance-enhancing drugs in 2003, as reported? Is it Rodriguez? Of course not. He'll likely leave baseball as the richest player ever.
One day after Kellogg's decided it would not attempt to renew its deal with Michael Phelps, which expires at the end of the month, Subway has decided to keep the most decorated Olympian on their roster.
With 25 days left in their contract, the folks at Kellogg's decided to make a statement to the media that they wouldn't be renewing Michael Phelps. This statement didn't say anything about the fact that they likely wouldn't have renewed him anyway.
Phil Knight one of the college athletic world's biggest donors (University of Oregon) talks about the state of college sports in this economy.
Some traders are starting to think that the "stew" of stimulus, TALF, TARP, and Geithner might stabilize the economy, or at least convince more that the bottom is somewhere in sight.
Olympic swimmer Michael Phelps won't be doing another deal with Kellogg's after the company said yesterday they weren't going to renew their deal with him. But, don't worry, it appears like Phelps' mother Debbie is unscathed at this time.
Futures moved in a 10-point range (up and down 5 points) within minutes of the non-farm payroll reports at 8:30, which reported a loss of 598,000 jobs.
Economists predict another steep decline in payrolls for January, with the jobless rate expected to reach 7.5%.
So minutes after Kellogg's says they won't renew Michael Phelps' contract -- which likely wasn't going to renewed even sans bong photo -- USA Swimming suspends Phelps for three months.
Kellogg's will not renew Michael Phelps' endorsement deal when the Olympic swimmer's contract with the company expires at the end of the month, an inside source confirmed to CNBC.
For so long, it's been all about value in the retail sector, and looking at the latest retail sales results, that hasn't changed yet. But an often overlooked type of retail business is emerging as a new diamond in the rough: gemstones.
I was just told that the gloves that MVP Santonio Holmes supposedly wore during Super Bowl XLIII are up for auction.
The latest on Michael Phelps has him contemplating whether he wants to swim in the 2012 Olympics, which was previously a given.
Many retailers saw weak sales as consumer spending largely dried up after the holiday season.
Laura Champine, senior retail analyst for Cowen & Co., has been at the mall, shopping for good retailers, and she's got some very definite ideas about the few positive trends out there.
The BoE got a step closer by cutting 50 bps to 1% as expected, The ECB has decided to sit the race out by keeping rates unchanged at 2%.
The New York Mets are all over the Madoff client list document released last night. But the only New York Mets player on the list is Tim Teufel, who is linked to four accounts on the list.
The Madoff lists indicate that perhaps some money was lost from what many have called the best deal in the business of sports