1. Department: Consumer Durables

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

Written by Posted on Less than 0 min read

​[[“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
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. Channel: Mass

Walmart will report earnings before the bell. Here’s what to watch

​The discounter’s report comes after Home Depot and Target reported weaker sales trends. View Original Article Home Depot Results & Investment Target Walmart 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. Channel: Ecommerce & Digital

Second strike at Liverpool to add to European port congestion, slow product delivery

Dockworkers in Liverpool, a significant U.K. port and a port where the U.S. is the No. 1 trading partner, will start a seven-day strike on October 11. View Original Article Delivery Partnerships 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. Stores & Formats

Why Target Canada was a massive failure

Target entered the Canadian market in 2013. It opened 133 stores before closing them only two years later. In 2014, it took $4.1 billion in after-tax losses. View Original Article Target Brick and Mortar International - North America CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Operations & Supply Chain

Kohl’s says its chief technology and supply chain officer is leaving

Kohl’s said its chief technology and supply chain officer, Paul Gaffney, is set to depart the retailer on Aug. 1. View Original Article Operations & Supply Chain Technology & Innovation 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 Finance

Shares of this bargain retailer are tumbling. But Jim Cramer is optimistic on the stock

​[[“value”:”Dollar Tree’s (DLTR) post-earnings slide may prove short-lived, CNBC’s Jim Cramer said Thursday.”]]  View Original Article Dollar Tree 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 million […]
< 1 min read
0
  1. Channel: Mass

Investing Club: Walmart’s full-year guidance signals near-term bumps but a stronger back half

While near-term growth at Walmart will be pressured, the longer-term outlook looks as strong as ever. View Original Article Walmart 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
  1. Stores & Formats

Bed Bath & Beyond is closing about 150 stores. Here’s a map of ones on the list so far

The struggling retailer announced the closures as part of a plan to stablize its finances. View Original Article Brick and Mortar 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 […]
< 1 min read
0
  1. Operations & Supply Chain

Zipline unveils P2 delivery drones that dock and recharge autonomously

​   ​  [[“value”:”Logistics startup Zipline wants to make deliveries by drone a sustainable, everyday convenience in the U.S.”]]    View Original Article Sustainability Technology & Innovation Delivery Operations & Supply Chain 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. Trends & External Forces

Ex-employee’s lawsuit accuses Stew Leonard’s boss of making racist, sexist, anti-Semitic remarks

A former employee accused Stew Leonard’s and CEO Stew Leonard Jr. of creating a hostile work environment. View Original Article Executives Legal & Criminal Sustainability 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. Department: Consumer Durables

Mattel says Barbie sales grew 16% as blockbuster movie became a phenomenon

​[[“value”:”Mattel reported earnings and revenue that came in higher than Wall Street’s expectations.”]]  View Original Article Results & Investment Economy Dept. Toys & Games 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. Department: Consumer Durables

Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts

​[[“value”:”Nike said the plan will cost between $400 million and $450 million in pretax restructuring charges that will largely come to fruition in the current quarter.”]]  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 market […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas terminates Ye partnership, Gap removes Yeezy items over rapper’s antisemitic remarks

Adidas giant had faced pressure from the public and its own employees to cut ties with Ye over a series of offensive comments. View Original Article Associates Partnerships 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 market coverage […]
< 1 min read
0
  1. Trends & External Forces

There is deflation in some items as Wingstop notes dropping chicken wing prices

At a time when many consumers may have forgotten what deflation is, Wingstop said it’s reaping the benefits of lower chicken wing prices. View Original Article Consumers Economy 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 […]
< 1 min read
0
  1. Department & Category

3 takeaways from our daily meeting: Stocks teeter, an oil trim, obesity drug fast track

The Investing Club holds its ‘Morning Meeting’ every weekday at 10:20 a.m. ET. View Original Article Dept. Fuel 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 month […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

FedEx plans more cost cuts as soft demand hurts profits

FedEx said it will be able to cut another $1 billion in costs beyond what it previously forecast. View Original Article Delivery 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 coverage and business content consumed by […]
< 1 min read
0
  1. Channel: Dollar/Value

Dollar General shareholders pass proposal to improve worker safety

​[[“value”:”A shareholder proposal to improve worker safety at Dollar General by conducting an independent audit passed during the retailer’s annual meeting Wednesday.”]]  View Original Article Dollar General 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 […]
< 1 min read
0
  1. Corporate Finance

Jim Cramer’s top 10 things to watch in the stock market Wednesday

​ ​[[“value”:”The Federal Reserve is widely expected to raise interest rates by another 25 basis points, while a slate of Club holdings report quarterly results.”]]  View Original Article 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 […]
< 1 min read
0
  1. Uncategorized

We’re making a small buy in a newer stock, the latest step in bulking out our position

We’re making one buy Thursday afternoon, putting more of our large cash position to work into a market that is oversold. View Original Article 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. Department & Category

Jim Cramer’s Investing Club meeting Monday: Fed update, oil stocks, Disney

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article Dept. Fuel 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 month […]
< 1 min read
0
  1. Corporate Strategy

Domino’s shares rebound after company announces CEO retirement, weak fourth-quarter results

U.S. same-store sales rose just 1% in the quarter, dragged down by weak performance by Domino’s company-owned restaurants. View Original Article Restaurants Executives 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
Next