September 8, 2025

  • Dick’s Sporting Goods indicated it has completed the $2.4 billion acquisition of Foot Locker. Dick’s suggests that the acquisition will boost its EPS in fiscal 2026 (via Reuters).
  • Bath & Body Works is ramping up to hire more than 30,000 seasonal workers across the U.S., Canada, and Puerto Rico in advance of this year’s holiday season. The figure is down slightly from ~33,000 hired last year for the same purpose (via Financial Post).
  • Apple is rumored to be releasing a slimmer iPhone model, the “iPhone Air,” at this year’s marquee company event to be held on Sept. 9 (via CNN Business).
  • Starbucks testing several drive-thru standalone prototypes as part of its ongoing business reimaging efforts. Locations in The Hamptons already exist, with another opening soon in NYC (via Forbes).
  • Amazon is offering a low-cost monthly subscription for generic prescription drugs in nearly all U.S. states. Expansion of Amazon’s RxPass sees 48 states within the company’s umbrella of coverage (via Chain Store Age).
  • Hyundai has advised staff planning business trips to the United States to consider delaying them unless absolutely mission critical. The report emerges as hundreds of South Korean workers were detained at a raid at a Hyundai manufacturing facility in Georgia last week (via Reuters).
  • Stellantis is recalling 91,000 Jeep Grand Cherokees in the U.S. over a software malfunction which could lead to the loss of drive power (via FOX Business).