Lululemon Set to Close Major Warehouse, Laying Off Hundreds
Canadian sports apparel retailer Lululemon said it plans to close its Sumner, Washington, warehouse and lay off more than 100 employees by the end of the year. Sports apparel company filed Worker Adjustment and Retraining Notice (WARN) news He met with the Washington State Employment Security Department (ESD) on Thursday. Lululemon said in a notice […]
Are Nike, Lululemon, Apple, Tesla, and Starbucks Waving a Red Flag for the Stock Market? – Yahoo Finance
So far, the stock market is having a great year in 2024, at least as judged by the performance of major indexes.of S&P500 and Nasdaq Composite Both are up more than 9.5% year-to-date. But dig a little deeper and you’ll see a divergence forming. Here’s why: S&P500 Despite this challenge, it may continue to rise […]
NYC retail menace Vincent Traficante called ‘one-man crime spree’ who robbed Lululemon stores 12 times this year: sources
Let’s talk about lemons. Police finally decapitated a Manhattan retailer’s thug who had robbed Lululemon stores 12 times since January, including six times at one store, sources said. Vincent Trafficante, a 37-year-old “alone repeat offender,” has been arrested more than a dozen times this year for his insatiable hobby of robbing Manhattan’s luxury boutique Lululemon, […]
Nike, Lululemon shares sink as gloomy forecasts alarm analysts
Nike’s stock fell 8% on Friday after the Air Jordan maker warned that sales would fall in the first half of the year as it replaced older styles with trendier sneakers, while Lululemon Athletica said demand for its luxury athleisure products had declined. As a result, the stock fell by 17%. Lululemon’s bleak outlook highlights […]