1. Department: Consumer Durables

Kyrie Irving is off team Nike

Written by Posted on Less than 0 min read

Nike said that Kyrie Irving of the Brooklyn Nets is no longer affiliated with the brand. The decision to end its deal with Mr. Irving follows his public promotion of an antisemitic video. Mr. Irving’s counsel says that the separation from Nike was agreed upon by both parties.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Trends & External Forces

Best and Fastest-Selling New Cars in 2024 Ranked

In a recent study by iSeeCars, Toyota emerged as the fastest-selling new car brand from October 2023 to March 2024. View Original Article Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with […]
< 1 min read
0
  1. Department: Nonfood

Malls find some ‘ruff’ going as pet parents bring their puppies shopping

Malls have welcomed pet parents to bring along their puppies in an effort to attract more shoppers. The results have sometimes been chaotic and messy. View Original Article Shoppers Dept. Pet RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Technology & Innovation

Generative AI tech isn’t cheap

Developing and maintaining generative artificial intelligence technology comes with a steep price tag. OpenAI’s ChatGPT could cost the company $40 million to process all the activity coming from the millions of people using it in January alone, according to Rowan Curran at Forrester. View Original Article Technology & Innovation ChatGPT RetailWire Member since October 25, […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks posts better than expected sales as profits are squeezed

Starbucks reported $8.41 billion in sales for the last quarter, exceeding the $8.32 billion expected by analysts. Higher costs cut into the coffee giant’s profits. Starbucks reported net income of $878 million, down from $1.76 billion a year ago. View Original Article Dept. Beverage Restaurants RetailWire Member since October 25, 2020 Loading + Follow Following […]
< 1 min read
0
  1. Trends & External Forces

Baltimore Bridge Collapse Could Cost Carnival Cruise Line $10M

Carnival Cruise Line revealed that its 2024 earnings could take up to a $10 million hit due to the Baltimore bridge collapse. View Original Article Results & Investment Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Channel: Club

Costco Wholesale Sells Imitation of Anthropologie’s Luxury Goods Mirror

Costco Wholesale, known for its wide-ranging product offerings and value for money, is making waves in the arena of luxury home décor. The bulk retailer is selling a floor mirror that bears an uncanny similarity to a high-end item from Anthropologie. View Original Article Costco RetailWire Member since October 25, 2020 Loading + Follow Following […]
< 1 min read
0
  1. Trends & External Forces

Federal agencies failed to respond to child labor alarms

Many children have migrated to the U.S. in recent years, many on their own, and found themselves in the federal government’s custody. The government finds adults to sponsor the children to educate them and allow them to grow up safely. In some cases, however, sponsors have profited by putting children to work in dangerous jobs. […]
< 1 min read
0
  1. Trends & External Forces

Resale market competition heats up and puts pressure on profitability

The resale market underwent a wave of consolidation in 2022. As the new year begins, retailers will likely place growing emphasis on profitability in the face of more intense competition. View Original Article Competition RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as […]
< 1 min read
0
  1. International

Taco Bell tests new Mexican Pizza items

Taco Bell is testing two new varieties of its popular Mexican Pizza including a Cheesy Jalapeño Mexican Pizza in Oklahoma City and a Triple Crunch Mexican Pizza in Omaha. The restaurant chain sold 20 million Mexican Pizzas after it put the item on the menu in May. View Original Article Restaurants International - North America […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon To Invest $7.2 Bln in Israel, Launches AWS Cloud Region

Amazon.com has announced plans to invest approximately $7.2 billion in Israel by 2037 and has launched its Amazon Web Services (AWS) data centers in the country. The AWS cloud services will allow the Israeli government to run applications and store data locally, contributing to the country’s digital transformation in the public sector. With this expansion,… […]
< 1 min read
0
  1. Corporate Strategy

Peloton CEO Steps Down and Layoffs Begin

Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure. View Original Article Executives Health & Wellness Technology & Innovation RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with […]
< 1 min read
0
  1. Department & Category

Onvo Releases Hot Food on the Fly for Travelers

Onvo, a travel plaza chain headquartered in Scranton, Pennsylvania, is launching its latest initiative, Food on the Fly, at a travel plaza in Dorrance that provides travelers and professional truck drivers with quick and convenient hot grab-and-go options on their journeys. View Original Article Dept. Grocery RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
  1. CPG: Food

Viral Video Shows Walmart Spark Shoppers With Perishable Items Waiting in the Arizona Sun

A viral video posted by a YouTuber reveals two people who look to be Walmart Spark shoppers waiting in a parking lot as their carts containing milk and other groceries are left in the sun. View Original Article Walmart Dept. Beverage Dept. Dairy Shoppers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire […]
< 1 min read
0
  1. Uncategorized

Bayer To Pay $2.25B After Roundup Weed Killer Found To Cause a Man’s Cancer

A Pennsylvania landscaper has won a record payout from Bayer. He maintained that the company’s weed killer Roundup caused his blood cancer, and for that, he was awarded $2.25 billion. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a […]
< 1 min read
0
  1. Channel: Club

Costco To Offer Weight Loss Drugs to Select Members

Costco is set to offer weight loss drugs and corresponding healthcare to select members of the wholesale warehouse club. View Original Article Costco Operations & Supply Chain Health & Wellness RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for […]
< 1 min read
0
  1. Trends & External Forces

Americans keep spending in the face of high prices

Many Americans may be becoming more price sensitive as a result of inflation, but that hasn’t shut down spending, which grew 0.8 percent in October. Personal income rose 0.7 percent during the month. View Original Article Economy RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving […]
< 1 min read
0
  1. Trends & External Forces

CVS Health CEO says ‘tsunami of people’ to hit Medicare

CVS Health Karen Lynch said that her company uses technology to stay connected with consumers and support their health. Ms. Lynch said this is a critical need with an aging population that will see the number of Americans 65 or older more than double over the next 40 years. “There’s like a tsunami of people […]
< 1 min read
0
  1. Corporate Finance

Toy store says its money is tied up in SVB debacle

Camp, a toy retailer backed by venture capital, sent an email to customers last week saying that it was slashing prices to raise enough money to continue operating its business after its money got tied up in the Silicon Valley Bank failure. Customers can use the “BANKRUN” promotional code to save 40 percent on all […]
< 1 min read
0
  1. Trends & External Forces

Pinterest Opens First Pop-Up Store To Showcase Vision for 2024 Trends 

Pinterest is opening its first-ever pop-up store in New York City to mark the release of its 2024 trend predictions. View Original Article Predictions and Forecasts Pop Ups Marketing: Social Media RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Department: Consumer Durables

Fast Fashion Brands: Adidas, Levi’s, Zara Stopping Fast Fashion Waste

Fast fashion brands have accelerated the carbon footprint of the fashion industry and some of the industry’s biggest names are stepping up to help make positive change. Fast Fashion Brands: Adidas, Levi’s, Zara Stopping Fast Fashion Waste Concern and scrutiny continue to mount against the fashion industry due to its increasing carbon footprint. Statistics reveal… […]
< 1 min read
0
Next