Retail

Nike Inc. and soccer superstar Neymar split ways last year after the company started investigating an allegation by a Nike employee that the Brazilian athlete had sexually assaulted her, according to people familiar with the matter and documents reviewed by The Wall Street Journal.

The Issaquah, Washington-based company reported quarterly double-digit net sales growth of 21.7% to $44.38B, up from $36.45B a year ago.

Costco shoppers can soon return to noshing on free samples and food court delights.

A pandemic-fueled run on computers helped HP Inc. and Dell Technologies Inc. deliver strong financial results for the latest quarter despite a semiconductor shortage that is denting some industries.

Kellogg Company released a limited-edition breakfast cereal designed to support the LBGTQ+ community and to promote the message that people do not need to fit in a box when selecting pronouns.

Walmart and Gap plan to introduce "Gap Home," a Gap-branded home essentials collection that will be sold exclusively at Walmart.

More than five million handheld clothing steamers sold at major retailers nationwide are being recalled after hundreds of consumers reported severe burn injuries.

With more people getting vaccinated and dropping their face masks, retailers from Walmart to Macy's are seeing an eager return to their stores after more than a year of their customers migrating online during the pandemic.

Dealerships will likely scoop up unwanted cars due to the fact that inventory levels are falling all while the demand for used cars has increased, according to the digital automotive marketplace.

Amazon's Jeff Bezo will officially hand over his CEO duties to Andy Jassy in early July.

Investors will digest earnings from Dick's Sporting Goods and Nvidia.

The dishware – made from PLA (polylactic acid or polylactide) material from renewable sources – was sold in a variety of colors, including yellow, pink and blue.

According to the automotive retailer, AutoNation USA San Antonio is one of five new stores that will open in 2021. Meanwhile, an additional 12 AutoNation USA stores will open in 2022. The company is aiming to have a total of 130 AutoNation USA stores open across the country by the end of 2026.

A Florida designer has claimed Converse stole her sneaker design after noticing their new line bore an uncanny resemblance to prototypes she submitted on a rejected internship application two years back. A video posted Saturday detailing the alleged shoe theft currently now boasts 9.1 million views on TikTok.

The global online marketplace has long prohibited the sale of weapons, including guns and most gun parts although it is now "expanding this enforcement."

Those who are vaccinated still remain hesitant to go out and spend, while those who are unvaccinated, surprisingly, are much more risk tolerant and are out spending, driving the U.S. economy.

Unless required by state or local laws, any Amazon employee who is two weeks past their final required dose of the COVID-19 vaccine is allowed to stop covering up.

Wall Street's week ahead includes Costco earnings, more Bitcoin volatility and a fresh read on US GDP.