Retail

Hits: 7Under Armour has an inventory glut that’s up slightly from its last quarter and 50% year-over-year despite heavy discounting and promotions. Source

Hits: 8Revenue fell across the company’s luxury brands — Michael Kors, Jimmy Choo and Versace — dragged lower by slowing traffic in China. Source

Hits: 22Bed Bath & Beyond has been on the verge of bankruptcy but bought some time with a public stock offering that’s expected to bring in more than $1 billion. Source

Hits: 7Cava, the Mediterranean restaurant chain modeled after Chipotle, has confidentially filed for an IPO. Source

Hits: 8Rising food costs are pushing consumers to get more creative about where they go for groceries. Source

Hits: 7GameStop Chairman Ryan Cohen is targeting former Bed Bath & Beyond CEO Mark Tritton, a member of Nordstrom’s board. Source

Hits: 7Kohl’s has locked in its interim CEO Tom Kingsbury permanently at the helm. Source

Hits: 3The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. Source

Hits: 4Amazon entered China in 2004 by acquiring Joyo.com. Complex regulatory approval and competition from Alibaba and JD.com impeded the company’s expansion efforts. Source

Hits: 4The privately owned sandwich chain has reportedly hired advisors to explore a potential sale and is revamping restaurants. Source