When I was a kid, Nike was the pinnacle of cool footwear. Of course, there were other competitive athletic shoe brands like Reebok and Adidas, but thanks to its brand partnerships with NBA stars such as Michael Jordan and Penny Hardaway (ok, now I’m dating myself), Nike (NKE) always stood head and shoulders above the […]

Crumbl faces two massive problems. First, the chain sells a pricey indulgence customers don’t actually need. Second, millions of Americans are taking GLP-1 drugs that curb their appetites. “People just don’t feel great about the economy,” Zions Bank Senior Economist Robert Spendlove told KSL. “And a big reason for that is they’re facing constant pressure […]

At a time when so many retailers are closing their doors due to financial difficulties, consumers are getting more accustomed to saying goodbye to their favorite stores.  But one department store closure is hitting hard.  Neiman Marcus’ historic Dallas flagship has officially closed its doors, marking the end of an era for the luxury retailer […]