The recent holiday season provided an example of a consumer-driven "correction" taking place in the retail industry, Nike CEO Mark Parker told CNBC.» Read More
What will the nasty forces in this market do to you next? The magnificent seven may help you fight back.
Much has changed over the past 25 years when it comes to retail. Here is a look at those who have changed the way people shop.
Some of Friday's midday movers:
Under Armour CEO Kevin Plank launches the "Speedform Apollo," which is the company's latest footwear innovation and weighs in on the company's earnings. CNBC's Mary Thompson and Jon Najarian weigh in.
Jan 30- Shares of hi-tech athletic sportswear maker Under Armour Inc leaped 25 percent after the company posted a better-than-expected profit for the 13th consecutive quarter. Quintiliano likened Under Armour to Apple Inc with regard to its ability to innovate. Under Armour shares were trading at $103.08 by midday on Thursday.
Some of the names on the move ahead of the open.
Jan 30- Athletic apparel maker Under Armour Inc reported a 28 percent jump in fourth-quarter profit, driven by strong sales of its fleece offerings and ColdGear Infrared products. Net income increased to $64.2 million, or 59 cents per share, from $50.1 million, or 47 cents per share, a year earlier. Revenue rose 35 percent to $682.8 million in the quarter ended Dec. 31.
Are you prepared to navigate another wave of selling, should one come, in the week ahead?
Kevin Plank, Under Armour CEO, provides insight on his company's deal with Notre Dame.
Some of Tuesday's midday movers:
*Company sees 4th- qtr revenue of $513- $518 mln. *Sees earnings 71- 73 cents/ share, down from 78- 80 cents. Jan 13- Sales at Lululemon Athletica Inc's established stores will likely fall in its latest quarter, the first year-on-year drop since 2009, the company warned on Monday, the latest in a spate of setbacks for the once high-flying yogawear retailer.
*Sees earnings 71- 73 cents/ share, down from 78- 80 cents. Jan 13- Sales at Lululemon Athletica Inc's established stores will likely drop in the fourth quarter, the first year-on-year drop since 2009, the company warned on Monday, the latest in a spate of setbacks for the once high-flying yogawear retailer.
Jim Cramer thinks one of the best ways to play advances in technology is with pizza.
America's top female skier won't be in Sochi, and that could mean trouble for U.S. medal hopes and TV viewership.
With the explosion of Internet shopping this holiday season, retailers need to stop thinking about consumers buying either online or in the stores, experts say.
TORONTO, Dec 12- Lululemon Athletica Inc warned on Thursday that fewer customers visiting its stores will hit its sales in the crucial fourth quarter, acknowledging that negative press surrounding a product recall and comments by its founder had hurt sales of its trendy yogawear.
Dec 10- Yoga-wear retailer Lululemon Athletica Inc, reeling from an embarrassing recall of see-through pants, named Lauren Potdevin as chief executive and said founder Chip Wilson would step down as non-executive chairman. Potdevin replaces Christine Day, who said in June that she would leave the company once a replacement was found.
To compete with each other and powerhouse Amazon.com Inc, many U.S. retailers began offering some of the season's best online deals, which were traditionally reserved for the Monday after Thanksgiving, several days ago.
As companies race to capture the wearable market, analysts are questioning whether the products on offer are good enough.
If you’re looking for opportunity, Cramer says the latest Home Depot earnings are rich with ideas. Curious?