WORLD INDUSTRY

Global Retail News

This section covers retail as an industry — brick-and-mortar and e-commerce performance, store openings and closures, sales data, bankruptcies and the competitive and consumer dynamics that shape how goods reach buyers. Reporting spans the business strategy, the consumer data and the economic conditions that move sales figures.

Truist Downgrades Nike to Sell on Jordan Weakness

Truist Downgrades Nike to Sell on Jordan Weakness

Truist Securities cut its rating on Nike to Sell from Hold while keeping a $29 price target, citing softening Jordan demand and China exposure.

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More in Retail

This section follows holiday and quarterly sales results, store opening and closure announcements, retail bankruptcy filings and restructuring proceedings, e-commerce market share data and the supply chain and inventory decisions that determine margins and in-stock performance. E-commerce growth has not produced a uniform shift away from physical retail, with some categories consolidating online while others have maintained or grown their store footprint — a divergence that requires coverage to distinguish between sectors rather than describe the industry as a whole. Retail bankruptcy proceedings have become a sustained source of coverage because they restructure the employment, real estate and supplier relationships of large organizations in ways that affect communities well beyond the company involved. Consumer spending data, which drives retail sales figures, makes the sector a proxy for the broader economy in ways that give retail earnings and survey data outsized attention relative to the industry's size.