retail industry

Nike’s supply chain troubles will likely accelerate the sneaker giant’s direct-to-consumer push.

Shipping bottlenecks that have led to rising freight costs that will be passed onto consumers are cooking up a holiday headache for U.S. retailers.

Britain has been plunged into uncertainty as issues over gasoline, electricity and food have prompted warnings of “a really difficult winter” for the country.

Greyhound announced in July an operating loss of $12 million for fiscal year 2021.

Costco is reviving purchase limits on basics such as toilet paper, bottled water and cleaning products due to supply chain challenges, CFO Richard Galanti said.

Nike shares dropped after the sneaker giant said supply chain congestion is hurting the business more than it previously anticipated.

The big-box retailer plans to hire 100,000 seasonal employees, a lower number than in previous holiday seasons.

Drive-thrus became slower and less accurate in 2021, according to SeeLevel HX’s annual report.

“It it will take time for consumers to know that it’s out there,” said Stitch Fix Chief Executive Elizabeth Spaulding.

Vietnam’s shutdown of manufacturing due to Covid is “really bad timing,” said Zilingo CEO Ankiti Bose. “Holiday season shipments need to happen right away.”

Lingerie start-up ThirdLove is hoping to get an even bigger leg up on Victoria’s Secret by launching into activewear.

Stitch Fix shares jumped after the online shopping and styling service reported a surprise profit for its fiscal fourth quarter.

Brynn Putnam is departing from her role as chief executive officer of connected fitness company Mirror, which is owned by Lululemon, CNBC has learned.

Delivery start-up Gopuff’s CEO said it can keep delivery fees low and beat rivals, as it makes money by selling groceries, convenience store items and ads.

Doctor on Demand is partnering with Walmart and large employers on a new program to tackle Black health disparities through a telemedicine program.

Subway announced Tuesday that August sales for its U.S. restaurants were its strongest since 2013 after it revamped its menu.

Hydrow founder and Chief Executive Bruce Smith said a portion of the funding will be used to make sure it has enough product for the holiday season.

“Right now it doesn’t feel really sound out there,” Klarna CEO Sebastian Siemiatkowski told CNBC Monday.

Under CEO Brian Niccol, Chipotle has accelerated innovation. This year, it released cauliflower rice and quesadillas.

McDonald’s hopes to cut 90% of the amount of virgin fossil fuel-based plastic it used in the toys in 2018.