Taylor Herzlich
The Archive
Nike plans $100-and-less shoe line after shares plummet following sales slump prediction
June 28, 2024 | 3:55pmThe world's largest athletic apparel retailer is aiming to compete with its more affordable rivals to counteract a sales slump.
Tractor Supply ends 'woke' DEI, climate change policies after boycott campaign
June 28, 2024 | 1:04pmTractor Supply said it will eliminate DEI roles, end its carbon emissions goals and cut ties to an LGBTQ advocacy group following a social media campaign.
Drug prices soar nearly 40% over past decade, surpassing inflation: study
June 28, 2024 | 11:57amAs Americans shoulder the burden of prescription costs, they face higher copays, coinsurance and deductibles, according to GoodRx.
Costco plans to build 800-unit apartment complex in bid to ease housing crisis
June 28, 2024 | 7:25amThe plans include a gym, multi-purpose spaces, gardens, a rooftop pool, landscaping and a large parking lot.
H&M shares drop 13% after CEO casts doubt on June sales, margin target
June 27, 2024 | 4:04pmThe retailer cast doubt on its ability to reach its full-year margin target and predicted lackluster June sales.
Levi's shares drop 15% after weakness in wholesale business sinks quarterly revenue
June 27, 2024 | 1:08pmAlthough denim is back in style -- including the resurgence of early 2000s jorts -- Levi Strauss isn't seeing a significant bump in sales.
Walgreens could shutter over 2K stores as sales plunge amid stubborn inflation
June 27, 2024 | 12:27pmWalgreens announced it will be cutting its profit forecast for the fiscal 2024 year and closing more stores across the US in its latest attempt to deal with a "difficult...
Citigroup urges staffers to 'keep cool' as anti-Israel protesters surround NYC headquarters
June 26, 2024 | 7:31pmVideo obtained by the Post shows pro-Palestinian protesters waving signs and chanting slogans including "From the river to the sea, Palestine will be free" and "From the sea to the...
IRS issues rare apology to billionaire Ken Griffin over tax records leaks to NY Times, ProPublica
June 26, 2024 | 2:17pmThe apology is part of a settlement to a lawsuit filed against the IRS in 2022 by Griffin, founder and CEO of Citadel, alleging that an employee at the agency...
Paramount Global set to ax more employees after 'unacceptable' profit drop
June 26, 2024 | 12:58pmThe announcement came at a town hall meeting with Paramount Global's co-CEOs soon after failed merger talks with production company Skydance Media.
LVMH boss buys stake in Cartier owner, sparking takeover rumors: reported
June 26, 2024 | 12:23pmLVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle.
Housing market won't come 'unstuck' until 2026, economists predict — here's why
June 26, 2024 | 9:46amThe economists cited a "one-time shift" in demand duringThe economists said they predict home prices will rise by about 4.5% in 2024 and 5% in 2025, then fall back to...
Hooters abruptly shuts dozens of 'underperforming stores' in stunning inflation deflation
June 24, 2024 | 4:39pmThe famed chicken wings brand, known for its skimpy uniforms, cited “pressure from current market conditions” for its decision to close an unspecified number of stores.