Cara Salpini
Senior Editor at Retail Dive
Senior Editor @RetailDive | College basketball fan and @UVA alum | Travel, hiking, and dog lover | The Oxford comma brings me joy | Views are my own
Articles
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1 week ago |
retaildive.com | Cara Salpini
This audio is auto-generated. Please let us know if you have feedback. Weeks after announcing its plans to acquire Foot Locker, Dick’s Sporting Goods on Wednesday reported its fifth-straight quarter of 4%-plus comp growth. The retailer saw net sales increase 5.2% in the first quarter to nearly $3.2 billion. Net income fell 4% to $264 million.
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1 week ago |
retaildive.com | Cara Salpini
This audio is auto-generated. Please let us know if you have feedback. Nike is returning to Amazon after six years, a company spokesperson confirmed. The brand stopped selling directly on Amazon's site in 2019 following a two-year pilot aimed at combating counterfeits. “Nike is investing in our marketplace to ensure we're offering the right products, best services, and tailored experiences to consumers wherever and however they choose to shop,” the company said in a statement.
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2 weeks ago |
retaildive.com | Cara Salpini
This audio is auto-generated. Please let us know if you have feedback. Nike has laid off a “limited number” of employees on its Global Tech team, a company spokesperson confirmed to Retail Dive Tuesday. The departures were the result of changes announced last week, which included the movement of some systems, applications and products work to managed services.
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2 weeks ago |
fashiondive.com | Cara Salpini
This audio is auto-generated. Please let us know if you have feedback. Under Armour is nearing completion on a 25% SKU reduction that started about a year ago, CEO Kevin Plank said on a call with analysts Tuesday. Looking forward,the brand is focused on selling more premium products, including a backpack that will cost $140.
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3 weeks ago |
retaildive.com | Cara Salpini
This audio is auto-generated. Please let us know if you have feedback. In a $2.4 billion deal, Dick’s Sporting Goods is acquiring rival Foot Locker, the companies announced Thursday. The combination gives Dick’s international exposure for the first time through Foot Locker’s global presence, which spans 20 countries. Dick’s intends to operate Foot Locker as a stand-alone business and maintain its brands, which include Kids Foot Locker, Champs Sports, WSS and Atmos.
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“Traditionally the types of yoga apparel you could find were strictly for you to wear, but not to impress. And Lululemon made yoga apparel sexy. It made it stylish and it made people want to wear it, whether they did yoga or not." https://t.co/joBaR248pt
"Once you get into any world, there are hidden languages, which are meant to appeal to a specific audience … I think a lot of the dropping of letters is just another way to signal that you’re a part of a specific community.” https://t.co/jdg17U9Oez