This post was originally published on this site. Disney is moving forward with a program allowing longtime employees in certain roles the opportunity to accept an early retirement package ahead of anticipated restructuring. The entertainment giant outlined the voluntary early retirement offer (VERO) available to tenured executives who meet eligibility criteria in an internal email sent by Disney Chief People Officer Sonia Coleman, which was reviewed by FOX Business. The early retirement program was first reported by Deadline. Coleman’s note said that the voluntary early retirement packages are time-limited and are one of several actions Disney is taking to restructure...

This post was originally published on this site. Dick’s Sporting Goods on Tuesday revised its 2026 outlook and warned of weakening consumer demand for athletic apparel and footwear. The sports apparel and footwear retailer’s stock declined over 29% during Tuesday’s trading session, on pace for a record one-day percentage drop if the losses hold, after it also missed second-quarter estimates and reversed expectations for annual comparable sales growth at Foot Locker. Dick’s acquired Foot Locker for $2.4 billion last year to boost its presence in the sneaker market and to get access to international markets. Consumers in the U.S. have...