Is there a decline in consumer spending? Here's what CEOs are saying – Business News (Trending Perfect)

[ad_1] People walk past Sweetgreen restaurant in Manhattan on September 14, 2023. Jenna Moon | The Washington Post | Getty Images As prices and interest rates continue to rise, Chipotle Burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels are not. The latest round of … Read more

Nike's CEO blames remote work for slowing innovation – Business News (Trending Perfect)

[ad_1] Nike President and CEO John Donahue. Source: Nike Nike CEO John Donahue on Friday blamed remote work for the company's lag in innovation, saying it's hard to be disruptive when people are working from home. In an interview with CNBC's Sarah Eisen in Paris, Donahue was asked about the company's lack of fresh new … Read more