A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Getty ImagesPeloton’s goodwill…
Lululemon shares surged more than 13% in extended trading Wednesday after the athletic apparel maker reported fiscal second-quarter profit and revenue that topped analysts’ expectations.Consumers are…
Walmart Chief Executive Doug McMillon said Friday the country’s top CEOs will look for ways to address racial inequities that span society, from how the world…
Barry Diller, chairman of Expedia and digital media group IAC, told CNBC on Friday his companies will no longer provide long-term earnings forecasts. “Guidance is a bad business. We’re out.…
Gap Inc.’s first-quarter sales fell 43%, the clothing maker reported Thursday, as its stores were shut for much of the period due to the coronavirus pandemic. Chief…
Stitch Fix on Monday reported a quarterly sales decline of 9%, and a wider-than-expected net loss, as its supply chain hit a snag amid the coronavirus pandemic,…
A Warby Parker’s store in The Standard, Los Angeles, California.Michael Buckner | Getty ImagesRetail darlings Warby Parker and Allbirds launched on the internet and paved the…
The Centers for Disease Control and Prevention on Thursday endorsed the distribution of Pfizer and BioNTech’s Covid-19 booster shots to older Americans and other vulnerable people, including those…
A pedestrian wearing a mask walks past a Brooks Brothers storefront closed during the COVID-19 crisis on May 06, 2020 in Vancouver, Canada.Andrew Chin | Getty…
Nike reported revenue Thursday that fell short of Wall Street’s sales expectations for the first time in two years, but it beat on earnings and gross…