Darden posts first same-store sales decline since pandemic, offset by Ruth’s Chris acquisition
LongHorn Steakhouse was the company's only division to report same-store sales growth. Source link
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Retail industry
Sotheby’s leans into sports with auctions of Jordan shoes, Ali trunks and Kobe jersey
Sotheby's is holding its inaugural "Sports Week," as demand for sports collectibles from the likes of Michael Jordan and Muhammad
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Unilever to split off its ice cream unit including Ben & Jerry’s; shares pop 5%
Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit, which includes Ben & Jerry's and
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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. Source
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Outdoor Voices’ layoffs via Slack ‘lack basic empathy,’ says expert: ‘May only exacerbate the anxiety’
Outdoor Voices told employees on Wednesday that they were laid off via Slack. Here's how leaders should relay the news
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British retailer Currys drops 5% as China’s JD.com walks away from takeover race
British electrical retailer Currys experienced more rejection Friday. Source link
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Dollar General forecasts upbeat 2024 sales on steady demand, shares rise
Dollar General forecast annual sales above Wall Street estimates on Thursday, banking on more inflation-affected customers buying its cheaper groceries.
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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. Source
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Dollar Tree posts quarterly loss, incurs over $1 billion in charges on store closure plans
Dollar Tree swung to a quarterly loss on Wednesday after a more than $1 billion goodwill impairment charge and said
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