Haidilao is a "sexy stock for a lot of investors," but analysts question the IPO's valuation and ability to maintain its long-term competitive edge. » Read More
Nike shares fell in extended trading Tuesday following a double-digit earnings beat. » Read More |
By: Lauren Thomas
"How we look at it is how do we connect and engage in a way that's relevant and inspiring to the consumers that we're here to serve," CEO Mark Parker said. "We feel actually very good and very proud of the work that we're doing." » Read More |
By: Lauren Thomas
The retailer's shares fell in after-hours trading despite Nike reporting a 10 percent rise in revenue to $9.95 billion and a 15 percent jump in profit to $1.1 billion. » Read More |
Nike was under pressure after the bell Tuesday even after topping analysts' earnings and sales estimates for its recent quarter. The market watcher who called for a near-term pullback still sees a longer-term rally intact.
Michael Kors is just the latest company to announce its intention to change its name, following a precedent set by a number the country's most famous brands.
M&M's are no longer just bite sized pieces of milk chocolate. Adding to the list of changes, a hazelnut centered M&M and a candy bar, USA Today reports.
"Cheap fabric for soccer moms!" Versace fans let it rip following news of the brand's sale to Michael Kors, USA Today reports.
After months of testing a possible change, Dunkin' Brands is finally ditching the word "donuts" from the coffee chain's branding.
Fears simmer among workers in the hospitality sector as major hotel chains, such as Marriott, MGM and Sheraton, introduce job-killing technologies at its properties.
Amazon shares could surge to $3,000 by 2020, driven largely in part by strong growth in the company's Prime, cloud and advertising businesses, an analyst at Jefferies said Tuesday.
The deal, which will pay Sonic shareholders $43.50 per share in cash, adds to Inspire Brand's portfolio of restaurants that includes, Arby's, Buffalo Wild Wings and Rusty Taco.
"Deadpool" star Ryan Reynolds is teaming up with Sir Richard Branson to bring Aviation American Gin to Virgin Atlantic flights.
People who are interested in what is coming next from Amazon, just need to roam Seattle Amazon uses the city as a living laboratory, trying out new retail and logistics models, The New York Times reports.
Grocery giants Walmart and Sam's Club are requiring suppliers of leafy green vegetables to upload their data to blockchain within a year.
Starbucks is about to make "significant changes" to its organizational structure, which could include corporate layoffs, according to an internal memo sent to employees by CEO Kevin Johnson.
A farm has plans to build a large, fully automated indoor farm, which will produce specialty greens to supply Fairfield-based Jungle Jim's International Market, Dayton-based Dorothy Lane Markets and national heavyweights such as Whole Foods and U.S. Foods. It will be the first of its kind, Cincinnati Business Courier reports.
According to the proposal filed Monday with the SEC, ESL is asking for a reduction in Sears' debt of nearly 80 percent to roughly $1.2 billion.
For the first time, the average national credit score has reached 704, according to FICO.
'Shark Tank' entrepreneur Alex Furmansky asked for $100,000 for 5 percent stake in his company.
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