Tag Archives: Retail industry

‘Tentative’ shoppers are here to stay

Under Armor stores are reopening across the county after being forced to close due to the Covid-19 crisis, but shoppers aren’t showing up like they used to, according to the retailer’s CEO. “The consumer is there, but it’s still not close to pre-Covid levels … there are doubts,” Under Armor …

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Under Armor (UAA) Reports Second Quarter 2020 Earnings

The products are on display at an Under Armor store in New York City, November 4, 2019. Brendan McDermid | Reuters Under Armor said Friday that its fiscal second-quarter revenue fell 41%, but overall its results were better than the retailer expected thanks to an e-commerce boost. The shoe maker …

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Impossible Foods brings a meatless burger to Walmart

Impossible Foods CEO Patrick Brown said launching the Impossible Burger at Walmart is a “very significant step” for the company, as the discount retailer is the largest meat seller in the United States. “Walmart is the world’s largest food retailer,” Brown said Thursday in “Closing Bell.” “It has a great …

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