CNBC's articles Corporate Strategy The state of women’s sports: Top executives weigh in on parity, media share and NIL regulations Women’s sports reached an inflection point in 2023, propelled by major new broadcast deals, once-in-a-lifetime players and record-breaking audiences. CNBC March 17, 2024March 17, 2024 < 1 min read Executives 0 Saving Bookmark this article Bookmarked Corporate Strategy Wall Street isn’t pleased that Kevin Plank is returning as Under Armour’s CEO, shares plunge 12% Stephanie Linnartz, a former Marriott executive who took over at Under Armour in February 2023, is the second CEO UAA has cycled through in less than two years. CNBC March 15, 2024March 15, 2024 < 1 min read ExecutivesEconomy 0 Saving Bookmark this article Bookmarked Corporate Finance Shares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise Dick’s Sporting Goods said its holiday quarter was the strongest sales period in the company’s history, leading it to raise its dividend by 10%. CNBC March 14, 2024March 14, 2024 < 1 min read Results & InvestmentHoliday & EventsDept. Sporting goodsDept. Nonfood 0 Saving Bookmark this article Bookmarked Channel: Home Improvement Home Depot will open four distribution centers as it looks to home pros to drive sales growth Home Depot is building out the facilities as it looks to pros, which make up about half its business, for revenue growth this year. CNBC March 14, 2024March 14, 2024 < 1 min read Home DepotOperations & Supply Chain 0 Saving Bookmark this article Bookmarked Operations & Supply Chain Kevin Plank returns as Under Armour CEO, Mohamed El-Erian named board chair Under Armour announced CEO Stephanie Linnartz is stepping down from her role just over a year after she started. CNBC March 14, 2024March 14, 2024 < 1 min read ReturnsExecutives 0 Saving Bookmark this article Bookmarked Trends & External Forces Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its Yeezy inventory. CNBC March 13, 2024March 13, 2024 < 1 min read Operations & Supply ChainDivestituresDept. ApparelPredictions and Forecasts 0 Saving Bookmark this article Bookmarked Zara owner Inditex climbs to all-time high as 2023 sales jump 10% Shares of Zara owner Inditex rose to an all-time high Wednesday after the company announced its full-year 2023 results. CNBC March 13, 2024March 13, 2024 < 1 min read 0 Saving Bookmark this article Bookmarked Corporate Strategy Petco CEO Ron Coughlin is out, former Best Buy exec to step in as interim chief executive Ron Coughlin has served as Petco’s CEO for more than five years and has been instrumental in transforming the company into a health and wellness business. CNBC March 13, 2024March 13, 2024 < 1 min read ExecutivesBest BuyHealth & Wellness 0 Saving Bookmark this article Bookmarked Channel: Drug Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens Organized retail crime rings can involve groups that sell stolen goods at flea markets and more sophisticated networks that resell stolen goods on Amazon. CNBC March 12, 2024March 12, 2024 < 1 min read WalgreensAmazon 0 Saving Bookmark this article Bookmarked Shopper & Customer Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas. CNBC March 12, 2024March 12, 2024 < 1 min read ConsumersData & InsightsDept. Fuel 0 Saving Bookmark this article Bookmarked Corporate Strategy Ulta CEO says e-commerce sites can do more to stop the sale of stolen goods Ulta Beauty CEO Dave Kimbell said online marketplaces are contributing to organized retail crime and need to do more to deter the sale of stolen goods. CNBC March 12, 2024March 12, 2024 < 1 min read ExecutivesDept. HBC 0 Saving Bookmark this article Bookmarked Channel: Specialty & Other Babies R Us is coming to about 200 Kohl’s stores Kohl’s announced the deal with WHP Global as it released holiday-quarter earnings. CNBC March 12, 2024March 12, 2024 < 1 min read KohlsBrick and MortarResults & InvestmentHoliday & Events 0 Saving Bookmark this article Bookmarked Loading Load more
Corporate Strategy The state of women’s sports: Top executives weigh in on parity, media share and NIL regulations Women’s sports reached an inflection point in 2023, propelled by major new broadcast deals, once-in-a-lifetime players and record-breaking audiences. CNBC March 17, 2024March 17, 2024 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Wall Street isn’t pleased that Kevin Plank is returning as Under Armour’s CEO, shares plunge 12% Stephanie Linnartz, a former Marriott executive who took over at Under Armour in February 2023, is the second CEO UAA has cycled through in less than two years. CNBC March 15, 2024March 15, 2024 < 1 min read ExecutivesEconomy 0 Saving Bookmark this article Bookmarked
Corporate Finance Shares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise Dick’s Sporting Goods said its holiday quarter was the strongest sales period in the company’s history, leading it to raise its dividend by 10%. CNBC March 14, 2024March 14, 2024 < 1 min read Results & InvestmentHoliday & EventsDept. Sporting goodsDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Home Depot will open four distribution centers as it looks to home pros to drive sales growth Home Depot is building out the facilities as it looks to pros, which make up about half its business, for revenue growth this year. CNBC March 14, 2024March 14, 2024 < 1 min read Home DepotOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Kevin Plank returns as Under Armour CEO, Mohamed El-Erian named board chair Under Armour announced CEO Stephanie Linnartz is stepping down from her role just over a year after she started. CNBC March 14, 2024March 14, 2024 < 1 min read ReturnsExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its Yeezy inventory. CNBC March 13, 2024March 13, 2024 < 1 min read Operations & Supply ChainDivestituresDept. ApparelPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Zara owner Inditex climbs to all-time high as 2023 sales jump 10% Shares of Zara owner Inditex rose to an all-time high Wednesday after the company announced its full-year 2023 results. CNBC March 13, 2024March 13, 2024 < 1 min read 0 Saving Bookmark this article Bookmarked
Corporate Strategy Petco CEO Ron Coughlin is out, former Best Buy exec to step in as interim chief executive Ron Coughlin has served as Petco’s CEO for more than five years and has been instrumental in transforming the company into a health and wellness business. CNBC March 13, 2024March 13, 2024 < 1 min read ExecutivesBest BuyHealth & Wellness 0 Saving Bookmark this article Bookmarked
Channel: Drug Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens Organized retail crime rings can involve groups that sell stolen goods at flea markets and more sophisticated networks that resell stolen goods on Amazon. CNBC March 12, 2024March 12, 2024 < 1 min read WalgreensAmazon 0 Saving Bookmark this article Bookmarked
Shopper & Customer Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas. CNBC March 12, 2024March 12, 2024 < 1 min read ConsumersData & InsightsDept. Fuel 0 Saving Bookmark this article Bookmarked
Corporate Strategy Ulta CEO says e-commerce sites can do more to stop the sale of stolen goods Ulta Beauty CEO Dave Kimbell said online marketplaces are contributing to organized retail crime and need to do more to deter the sale of stolen goods. CNBC March 12, 2024March 12, 2024 < 1 min read ExecutivesDept. HBC 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Babies R Us is coming to about 200 Kohl’s stores Kohl’s announced the deal with WHP Global as it released holiday-quarter earnings. CNBC March 12, 2024March 12, 2024 < 1 min read KohlsBrick and MortarResults & InvestmentHoliday & Events 0 Saving Bookmark this article Bookmarked