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Best Buy forecasts upbeat sales on steady gadgets demand, ads and marketplace growth

Best Buy forecasts upbeat sales on steady gadgets demand, ads and marketplace growth

May 28 (Reuters) - U.S. electronics retailer Best Buy forecast second-quarter sales above Wall Street expectations after beating Q1 estimates on Thursday, amid steady demand for laptops and smartphones and growth in its ads and marketplace channels.
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Lululemon Nears Settlement with Founder Chip Wilson to Resolve Proxy Battle

Lululemon Nears Settlement with Founder Chip Wilson to Resolve Proxy Battle

Lululemon Nears Settlement with Founder Chip Wilson to Resolve Proxy Battle
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Lululemon ends proxy battle with founder Chip Wilson

Lululemon ends proxy battle with founder Chip Wilson

By Svea Herbst-Bayliss NEW YORK, May 27 (Reuters) - Lululemon Athletica has ended its boardroom battle with founder Chip Wilson, agreeing to give him two board picks in exchange for his pledge to stay quiet for 18 months as a new CEO prepares to steer the athleisure brand.
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Dollar Tree raises annual profit forecast on steady demand

Dollar Tree raises annual profit forecast on steady demand

May 28 (Reuters) - Dollar Tree raised its annual profit forecast on Thursday, buoyed by resilient demand for affordable essentials from budget‑conscious shoppers and its efforts to offset higher costs, sending its shares up about 12% in premarket trading.
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Nate Brazier Resigns as CEO of Stinker Stores, Signaling Leadership Transition

Nate Brazier Resigns as CEO of Stinker Stores, Signaling Leadership Transition

Nate Brazier Resigns as CEO of Stinker Stores, Signaling Leadership Transition
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Abercrombie Fitch Shares Rise Despite Middle East Conflict Impacting Sales

Abercrombie Fitch Shares Rise Despite Middle East Conflict Impacting Sales

Abercrombie Fitch Shares Rise Despite Middle East Conflict Impacting Sales
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Rollins, Inc. Announces CFO Transition Amidst Strategic Growth

Rollins, Inc. Announces CFO Transition Amidst Strategic Growth

Rollins, Inc. Announces CFO Transition Amidst Strategic Growth
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Nomad Foods' CMO Justin Billingsley Returns to Client-Side Role

Nomad Foods' CMO Justin Billingsley Returns to Client-Side Role

Nomad Foods' CMO Justin Billingsley Returns to Client-Side Role
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Analysis-After bitter proxy fight, Lululemon CEO could use war chest to revamp bruised brand

Analysis-After bitter proxy fight, Lululemon CEO could use war chest to revamp bruised brand

By Danielle Kaye NEW YORK, May 27 (Reuters) - Hard-hit Lululemon Athletica has ended a months-long proxy fight with founder Chip Wilson that weighed on its shares amid weakening brand appeal.
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Salesforce CEO Marc Benioff Focuses on Stock Recovery Through Product Strength and Share Buybacks

Salesforce CEO Marc Benioff Focuses on Stock Recovery Through Product Strength and Share Buybacks

Salesforce CEO Marc Benioff Focuses on Stock Recovery Through Product Strength and Share Buybacks
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Lululemon Nears Settlement with Founder Chip Wilson to Resolve Board Dispute

Lululemon Nears Settlement with Founder Chip Wilson to Resolve Board Dispute

Lululemon Nears Settlement with Founder Chip Wilson to Resolve Board Dispute
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Guzman y Gomez Closes All U.S. Restaurants Amid Financial Challenges

Guzman y Gomez Closes All U.S. Restaurants Amid Financial Challenges

Guzman y Gomez Closes All U.S. Restaurants Amid Financial Challenges