Macy's

Nike reported a drop in quarterly profits on June 30 despite higher sales due to the drag from increased costs and the liquidation of unwanted merchandise.

The sports giant reported profits $1.0 billion for the quarter ending May 31, down 28 percent from the year-ago period.

Revenues rose 5 percent to $12.8 billion.

Americans awoke on Thursday to celebrate a Thanksgiving Day transformed by the coronavirus pandemic, with the traditional Macy's parade limited to a television-only event and many families resigned to meeting on video for turkey dinner.

Annie Young-Scrivner, who has rich experiences in global retail industry, has been named the new chief executive of famous chocolate maker Godiva, Turkey's Yıldız Holding, which owns Godiva, has said. 

In a statement on July 28, the company said she will start her new job on Sept. 14, replacing Mohamed Elsarky. 

The Turkish-origin gunman of the last year's deadly shooting at a shopping mall in Burlington, Washington, has been found dead in his cell in the Skagit County jail, the prosecuting attorney has said.

Arcan Çetin, 20, hung himself in his cell, according to a Skagit regional prosecutor, Doğan News Agency reported.

Hispanic leaders are warning of harm to Republican White House hopes unless the party's presidential contenders do more to condemn Donald Trump, a businessman turned presidential candidate who's refusing to apologize for calling Mexican immigrants rapists and drug dealers.
     

It may be eight in the morning, but pastry chef Yi?it Pura is already on his third espresso. "I've been up since five," he says, cheerfully. 

Pura is a busy man as he is building an empire. "There's a really great phrase in English: If you love what you do, you'll never work a day in your life," he says.