Digital Sales Surge Fuels Nike Earnings Beat
“We know that digital is the new normal. The consumer today is digitally grounded and simply will not revert back."
Macy’s Shares Higher on Better-Than-Expected Q2
Digital sales increased 53% year-over-year, which helped offset the loss of sales at stores due to coronavirus closures.
Nike to Cut Jobs As Part of Digital Sales Push
The footwear giant says the “strategic alignment” of its operating model will “create even greater focus and agility."
Nike Beats Estimates as Digital Sales Rise 38%
“Nike delivered another strong quarter of accelerating, high-quality growth, driven by strategic and targeted investment in our digital transformation."