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Tag: smallformat

Nike plans up to 200 small-format stores, despite 38% revenue drop

Dive Brief: Nike revenue declined 38% in the fourth quarter, falling to $6.3 billion, according to a company press release. The retailer swung to a loss of $790 million, from income of $989 million the year before. That represented a 180% decline. While revenues in Greater China were only down 3%, North America was down …

Nike plans up to 200 small-format stores, despite 38% revenue dropRead More