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Nike Announces Layoffs as Turnaround Stalls

Nike announced a mixed fiscal first quarter as well as a restructuring plan that will lead to layoffs starting next year. The company also offered a full-year outlook, saying it expects revenues to decline by a high-single digit percentage in fiscal 2027. The cuts are the third round of layoffs Nike has announced this year.…

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What Major Events Are Teaching Retailers About the Future of Payments
October 7, 2026 at 2:42 pm

The FIFA World Cup 26™ brought millions of spectators through stadiums, transit systems, restaurants and local businesses, creating a large-scale test of the payment and customer experiences U.S. businesses provide to international travelers. As one of the payment providers powering contactless transit fare payments across World Cup host cities, including Atlanta and Houston, NMI has…

Why Retailers Are Buying Early for the Holiday and What it Reveals About the Future of Supply Chains
October 7, 2026 at 1:05 pm

The holiday shopping season has always required careful planning, but this year many retailers have started preparing much earlier than usual. Import volumes surged this summer as companies accelerated orders ahead of potential tariff changes and ongoing trade uncertainty. At first glance, it may appear that retailers are bracing for widespread shortages or another round…

Walmart Pushes Back Against Dynamic Pricing Allegations
October 6, 2026 at 8:27 pm

Walmart is doubling down on its pledge not to use AI, customer data or digital shelf labels to set personalized prices for its shoppers. In a public letter Monday, Dan Bartlett, Walmart's executive vice president of corporate affairs, challenged what he described as repeated "mischaracterizations" by Lindsay Owens, author of the recently released book "Gouged,"…

Human Creativity and AI Within Marketing
October 6, 2026 at 7:35 pm

Can artificial intelligence replace your human marketing team? If you’re a business leader trying to figure out how to do more with less, you’ve probably asked yourself that question. If your focus is efficiency, AI can deliver. It will outline marketing campaigns, craft content, launch, monitor, and tweak much faster than a traditional team. But…