A view outside cinemas of cinemas 1, 2 and 3 during the coronavirus pandemic on May 18, 2020 in New York City. COVID-19 has spread to most countries around the world, claiming more than 320,000 lives with more than 4.8 million infections reported. (Photo by Noam Galai / Getty Images) …
Read More »‘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 …
Read More »Cineworld CEO says AMC-Universal deal is ‘wrong move at the wrong time’
People watch the Trolls movie from their cars, separated from other cars by a 10-foot orange fence in an effort to respect social distancing amid the new coronavirus pandemic, at Ocala’s drive-in cinema in Ocala, Florida. , on April 25, 2020. Vic Micolucci | AFP | fake pictures Universal may …
Read More »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 …
Read More »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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