Tag: Financial Performance
Will US convenience stores find the secret to selling better food?
NEW YORK -- Americans who think of petrified hot dogs, frozen burritos and salty snacks when they imagine getting food at a gas...
US retail trade group expects holiday season sales to grow more slowly
NEW YORK -- The largest retail trade group in the United States said Tuesday that it expects consumers to spend more during the...
Stellantis CEO: Company on pace to fix sales problems after poor performance
DETROIT -- Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos...
Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products
NEW YORK -- Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand for...
Carmaker Stellantis slashes forecasts, faces industry slump and Chinese competition
MILAN -- Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations...
Struggling Jeep and Ram maker Stellantis is searching for a new CEO
DETROIT -- Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it's just...