Claire’s is pulling up stakes on its old headquarters, moving its new HQ from Hoffman Estates, Illinois, to the village of Rosemont, Illinois. “Claire’s was seeking a modern, amenity-rich workspace in a highly accessible location that would support both talent recruitment and retention,” said Sean Moran, associate director for commercial real estate firm Newmark (more).

Nike has slashed an additional 1,400 jobs worldwide as part of its sound round of layoffs for 2026. A memo noted that operational shifts tied to merging its materials supply chain with existing apparel teams, consolidation of tech work, and relocation of Converse manufacturing and engineering were the cause (more).

China’s DeepSeek launched its latest V4 model, pushing the ongoing AI race into new territory. The Chinese competitor to xAI, ChatGPT, Claude, Perplexity, and others touts itelf on cost efficiency and accuracy (more).

Procter & Gamble delivered both EPS and revenue beats versus LSEG expectations, with EPS coming in at $1.59 adjusted against $1.56 expected and revenue at $21.24 billion versus $20.5 billion expected for Q3 2026. Net sales rose by 7%, and volume by 2% (more).

U.S. retail spending improved in March, growing by 3.3% year-over-year according to the most recent Circana data.“Topline numbers appear healthy, but appearances can be misleading. Retailers are navigating an environment where calendar shifts, promotions, and temporary tailwinds are masking deeper vulnerabilities in consumer spending,” said Marshal Cohen, chief retail industry advisor for Circana (more).