1. Department: Consumer Durables

Adidas won’t write off remaining Yeezy inventory, plans to sell ‘at least’ at cost

Written by Posted on Less than 0 min read

Adidas won’t write off the majority of its unsold Yeezy inventory after its breakup with Ye, the rapper formerly known as Kanye West, over antisemitism.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Corporate Strategy

Former Starbucks CEO Howard Schultz steps down from coffee chain’s board

​[[“value”:”The former CEO of Starbucks, Howard Schultz, is leaving the company’s board and transitioning to a chairman emeritus role.”]]  View Original Article Dept. Beverage Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Channel: Club

Club meeting recap: Cramer says investors should find safety in defensive stocks like Costco

​   ​  [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]    View Original Article Costco CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Trends & External Forces

Retail sales rose 0.5% in March amid inflation jump; import prices hit 11-year high

Retail sales were expected to increase 0.6% in March, according to Dow Jones estimates. View Original Article Economy International Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Channel: Specialty & Other

Chewy shares surge after earnings beat on top and bottom lines

​[[“value”:”Chewy shares surged in extended trading after the company beat earnings estimates on the top and bottom lines.”]]  View Original Article Chewy Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Shopper & Customer

Period care brands August, Rael and others form coalition to fight the ‘tampon tax,’ reimburse consumers

​[[“value”:”The initiative is the result of a new coalition of period care brands August, Cora, LOLA, The Honey Pot, Rael, Here We Flo, Saalt and DIVA.”]]  View Original Article Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Corporate Strategy

Starbucks CEO Howard Schultz calls new olive oil coffee drinks ‘transformational’

​   ​   [[“value”:”Starbucks CEO Howard Schultz said the new olive-oil coffee could disrupt the market.”]]  View Original Article Dept. Beverage Dept. Fuel Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Corporate Finance

Panera Bread terminates SPAC deal with Danny Meyer’s investment group

Danny Meyer’s SPAC and Panera Bread have called off their investment deal, citing market conditions. View Original Article Dept. Bakery Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Channel: Restaurants

Disney executive Kareem Daniel joins McDonald’s expanding board

Daniel’s appointment is part of a broader shakeup of the fast-food giant’s board this year. View Original Article Dept. Grocery Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Channel: Home Improvement

Home Depot beats estimates, retailer says it sees sales growth ahead for 2022

The home improvement retailer is gearing up for spring and trying to prove to investors it can keep momentum going. View Original Article Home Depot CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Shopper & Customer

As consumer spending rises, Costco remains the discount retailer to own

Fresh economic data and retail earnings showed consumers are still spending on essential goods, a trend that bodes well for Costco (COST). View Original Article Costco Data & Insights Dept. Fresh Results & Investment Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond strikes deal with activist investor Ryan Cohen

Bed Bath & Beyond announced that it has struck a deal with activist investor Ryan Cohen. View Original Article Bed Bath & Beyond CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Shopper & Customer

Walmart’s slashed profit outlook sends warning about state of the American consumer

Shares of retailers including Macy’s and Amazon were down after Walmart slashed its profit forecast, warning that surging prices are squeezing consumers. View Original Article Amazon Walmart Consumers Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Channel: Drug

Walgreens slashes earnings guidance due to lower consumer spending, drop in Covid care demand

​CEO Rosalind Brewer said Walgreens will increase its cost-cutting program to $4.1 billion and take action to increase profitability in the health-care segment. View Original Article Editor's Choice Walgreens Results & Investment Executives Consumers Health & Wellness COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Department: Consumer Durables

Shein strikes deal with fast-fashion retailer Forever 21 that will expand reach of both brands

​[[“value”:”As part of the joint venture, Shein will acquire about a third of Forever 21’s operator, Sparc Group. Sparc will also take a minority stake in Shein.”]]  View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Holiday & Events

Here are some strategies that can help you dig out of holiday debt

While some Americans are still recovering from holiday festivities, many others may have lingering effects of spending regrets. Overall U.S. retail sales increased 7.6% year-over-year between Nov. 1 and Dec. 24, according to the latest Mastercard SpendingPulse survey. For many consumers, the amount of debt they took on to pay for holiday purchases grew as […]
2 min read
0
  1. Holiday & Events

Black Friday means deep discounts for shoppers — and intense pressure for retailers

Black Friday weekend will take on additional importance this year after retailers like Target and Macy’s reported a recent lull in sales. View Original Article Holiday & Events Marketing: Trade Pricing & Promotions Shoppers Target CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Department & Category

Chipotle Mexican Grill will test robotic tortilla chip maker ‘Chippy’ in California restaurant

Chipotle also said it’s piloting a new system to reduce food waste and location-based technology for its mobile app. View Original Article Restaurants International - North America Tech: Robotics Dept. Grocery Sustainability Store Location Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Department & Category

Food fraud secretly infiltrates kitchens across America — here’s how to avoid it

[[“value”:” The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Olmsted, author of “Real Food/Fake Food,” told CNBC. Fraudsters motivated by economic gain secretly infiltrate the global food market through […]
2 min read
0
  1. Channel: Restaurants

Burger King invests another $300 million to remodel restaurants

The restaurant company is planning to spend $2.2 billion to revive Burger King’s U.S. business. View Original Article Restaurants Strategy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
Next