Nike Inc. signage on the floor of the New York Stock Exchange, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images When Nike reported fiscal third-quarter earnings on Tuesday night, investors were looking for evidence its recovery is on track. Instead, they learned that the retailer’s turnaround is far from over, sending shares tumbling…
A Sam’s Club in Miami, July 7, 2025. Joe Raedle | Getty Images Walmart-owned Sam’s Club said Wednesday it will raise its annual membership fee by $10. Starting on May 1, the warehouse club — which directly competes with Costco and BJ’s Wholesale Club — will charge $60 per year for basic membership and $120…
A Nike logo is displayed at a Nike store on Feb. 5, 2026 in Austin, Texas. Brandon Bell | Getty Images Nike topped Wall Street’s quarterly earnings and revenue expectations on Tuesday but posted a mixed picture in its two most important regional markets. Nike’s largest market of North America continued to show steady growth,…
Pokémon cards aren’t just childhood collectibles anymore. Some owners are increasingly treating the popular 1990s and 2000s trading cards like alternative assets, with some of the rarest cards outperforming traditional benchmarks like the S&P 500 in recent years. During key periods like the pandemic boom and another surge in 2025, trading card indexes tracking Pokémon…
A view of a Sephora beauty product store on May 30, 2025 in Sherman Oaks, California. Justin Sullivan | Getty Images Italian regulators are looking to clamp down on the tween skincare obsession and are investigating the LVMH-owned cosmetic brands Sephora and Benefit over an “insidious” marketing campaign to children. The Italian Competition Authority (AGCM)…
A major teachers’ union is calling for its members to skip Target when buying back-to-school supplies, the latest twist in a series of boycotts that have targeted the big-box retailer as its turnaround shows signs of life, CNBC has learned. The AFT, or American Federation of Teachers, passed a resolution Thursday that calls on its 1.8…
Shares of Puig Brands soared as much as 15% Tuesday after beauty peer Estée Lauder confirmed the companies are in talks about a potential merger. Estée Lauder said late Monday that a final decision had not been made on any potential deal, first reported by the Financial Times. It did not disclose any financial terms….
An Estée Lauder pop-up store is seen inside a Daimaru store on Nanjing Road in Shanghai, China, Aug. 6, 2021. Costfoto | Future Publishing | Getty Images Estée Lauder Companies said Monday that it is in talks with Spanish beauty group Puig to potentially merge the two companies. “No final decision has been made, and…
Always products are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina October 29, 2024. Dado Ruvic | Reuters Rising inflation and ever-changing tariff policies have led to higher prices across store shelves over the past few years, squeezing consumers’ budgets. An often overlooked example: menstrual products. The average price of menstrual…
When the gavel came down in December, Christie’s had set a record that created a buzz in the auction world. A Tiffany & Co. necklace adorned with a sparkling blue Paraiba tourmaline gem and diamonds sold for more than $4.2 million, 10 times its low estimate. A matching pair of earrings hit the block next,…
