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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

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The Baltimore-based chain also announced the sale of its MyFitnessPal workout platform to private-equity firm Francisco Partners. Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. .

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Under Armour Wants To ‘Reinvent’ Baltimore, But Not Everyone’s Feeling It

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What I really want to do is build the biggest brand on the planet,” Plank recently told Bloomberg. “I And Baltimore, like many mid-sized American cities, is pretty much broke right now. And Baltimore already has a bunch of sports teams. Which is why many local residents are not feeling the proposed development.

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Beverage Makers Get Into Experiential Retail Spirits

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Beverage brands are getting in the experiential retail spirit by crafting new spaces dedicated to encouraging libation aficionados to try out their products. The idea is to create a place where the brand can feature its products — and consumers can discover them. Shoppers may want evidence that they made the trip, after all.).

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One Food-Ordering App To Rule Them All

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It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. Both Groupon and Grubhub are Chicago-based, although OrderUp calls Baltimore home. Grubhub isn’t just about hungry people. The Eat24 deal closed last week on Oct.

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Amazon’s Cashier-Less Store Evolved From Self-Checkout Machines

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This is a revolutionary product that will start in the supermarket and go into other areas, such as department stores and discount drug stores; it will sweep all of retail,” Humble told the L.A. I thought it would have taken off faster than it did,” Humble told the Baltimore Sun in 2003. Humble thought he had a winner on his hands.

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Justice Department, SEC Investigating Under Armour

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Baltimore-based Under Armour is being probed over its accounting practices by the U.S. The company’s 1996 founder Kevin Plank is stepping down in January as chief executive officer (CEO) and will serve as executive chairman and brand chief. Securities and Exchange Commission (SEC) and the U.S. for many years.

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Chapter 11 Watch: Austin Reed Bids Farewell, Staples Plots A New Course

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Retailers are entering that time of the year where high temperatures settle over just about every part of the continental U.S., brands like apparel retailer Austin Reed, though, the weight of all that financial baggage is too much to crawl out from under. For some U.K. Store Closures.

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