Nike Forecasts Revenue Decline and Job Cuts as Greater China Sales Slump 22%
Nike reported a first-quarter profit that beat Wall Street’s forecasts on Thursday, but a fall in sales, a steep slump in Greater China and a...
Tag : consumer spending
Anxious but Still Spending: Holiday Shoppers Are Reshaping Lifestyle Habits Around Frugality
Retail bosses are heading into the holiday season with a puzzle. Shoppers say they are struggling, yet they still appear ready to spend. At the...