Adidas Wants to Move On but Still Has $1.3 Billion in Yeezy Sneakers
After severing business ties with the rapper Ye, Adidas said it would cut its dividend and declared 2023 a “transition year.”
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Why Companies Are Pushing Premium Products With Higher Prices
Companies are trying to maintain fat profits as the economy changes, making “premiumization” their new favorite buzzword.
Posted inBest BUY Company Inc Big Lots Inc Circuit City Stores Inc Company Reports Dollar Tree Inc Family Dollar Stores Inc Inflation (Economics) Kohl's Corporation Macy's Inc Ross Stores Inc Shopping and Retail United States Economy
Retailers Lay Out a Downbeat Outlook as Inflation Squeezes Low-Income Shoppers
Despite better-than-expected earnings, retail executives predict that any sales growth will be much smaller than in years past.
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Salesforce Faces Mounting Investor Pressure As Profits Sag
The software giant faces mounting pressure from activist investors and pushback from employees unhappy about a wave of firings and the scaling back of office perks.