While no trade deal has been reached between the U.S. and China, the news around tariffs has been more favorable than unfavorable since the start of the year. But some industry players still have been raising prices, purchasing early to avoid hits and taking other steps to mitigate their potential impact. (Read More)
Winnebago Industries Inc. CEO Mike Happe admits the recreational vehicle industry is facing some challenging wholesale headwinds, but he also believes the marketplace—and especially his company—is resilient enough to weather them. (Read More)
A number of retail studies arrived over the last few weeks on retail's disruptor, Amazon, including the e-commerce giant's break-through in apparel, expanding dominance in product search, private-label shortfalls, trust credibility, digital advertising pushes and more. (Read More)
Shares of Nike Inc. closed down nearly 7 percent on Friday after the company reported North America sales in the third quarter and fourth-quarter guidance that both missed Wall Street's targets. But sales in the third quarter still more than doubled the growth rates of its closest rivals, Adidas and Under Armour, as Nike officials insisted its Consumer Direct Offense initiative is only getting started. (Read More)
Shares of Hibbett Sports Inc. jumped $3.66, or 20.3 percent, to $21.70 at market close Friday after the company earlier in the day reported a strong fourth quarter but also announced the closing of 95 stores and the planned retirement of Jeff Rosenthal, president, CEO and self-described “sneaker dude.” (Read More)
