Deira Trading Company

Xponential Fitness sees stock whipsaw after CEO ousted

Anthony Geisler, CEO, Xponential Fitness at the NYSE Source: NYSE Shares of Xponential Fitness, the parent company of Cyclebar and Pure Barre fitness studios, bounced around in trading Monday after the company announced late Friday that CEO Anthony Geisler would be suspended indefinitely without a return date and would become an inactive member of the […]

NRF rejects Shein membership as retailer pursues U.S. IPO

A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023. Scott Olson | Getty Images Chinese-founded fast fashion behemoth Shein isn’t just working to win over lawmakers in Washington, D.C., as it gears up for a potential U.S. IPO, it’s also trying to win over the broader U.S. retail industry. It’ll […]

McDonald’s makes changes to increase mobile sales

A Big Mac is displayed on a page of the McDonald’s app Daniel Acker | Bloomberg | Getty Images McDonald’s U.S. franchisees will start paying into a digital marketing fund next year as the fast-food giant looks to expand its booming digital business, according to a memo viewed by CNBC on Thursday. The change is […]

Source: CurrencyRate