retailers
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Business
Nike cutting back on classic shoes after losing market share to newer rivals
Nike warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world’s largest…
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Business
Ikea makes bold promise to continue price cuts in US — here’s why
Swedish furniture giant Ikea is planning to continue to cut prices in the US as inflationary pressures ease. Ikea recently implemented…
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Business
Costco sells $675-a-pack silver coins after gold bars success
Costco hopes to strike gold again — this time with silver. The big box retailer — which said it sold…
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Business
Chinese shopping app Temu spent $2B on Facebook, Instagram ads
Temu, the Chinese fast fashion brand that has taken e-commerce retail in the United States by storm in recent months,…
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Business
Arkhouse, Brigade raise Macy’s buyout bid to $6.6B
Arkhouse Management, a real-estate-focused investing firm, said on Sunday it and Brigade Capital Management have raised their offer for Macy’s after the department…
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Tech
Some doorbell cameras sold on Amazon, Walmart found to have major security flaws
Some doorbell cameras sold by Amazon and other online retailers have security flaws that could allow bad actors to view…
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Business
Luxury skincare brand owned by L’Occitane signs lease at One Grand Central Place
Sol de Janeiro USA, a luxury skincare brand that’s a subsidiary of L’Occitane, is growing its Manhattan presence by 57,203…
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Business
Starbucks revamping US coffee shops to be more ‘inclusive’
Starbucks said it’s rolling out a revamped look across its US chain of 16,300-plus locations in order to make the…
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Business
Build-A-Bear’s ‘after dark’ sexy animals sparks outrage
This is em-bear-assing. Build-A-Bear’s stuffed animals targeting “kidults” — with some dressed in bikinis and others wearing a Hugh Hefner-style…
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Business
Del Frisco’s Double Eagle Steakhouse renews lease at 1221 Sixth Ave.
Talk about confidence in Sixth Avenue! While some Midtown restaurateurs claim they’re struggling, Del Frisco’s Double Eagle Steakhouse — a three-level,…
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