New Balance is set to open a 4,400-square-foot flagship store in Los Angeles on July 30, located at The Grove shopping center. “More than a store, it is a powerful expression of our premium brand – deepening our connection to the dynamic Los Angeles market by bringing together elevated storytelling, authentic athlete and ambassador connections, and inspiring experiences that help consumers discover their personal style,” said Tracy Knauer, SVP North America for New Balance (more).

Kohl’s has unanimously elected Wendy Arlin to serve as its next chairperson, replacing John Schlifske after a 15-year tenure. “Wendy is a deeply thoughtful and principled director who will excel in leading the board as chair,” said Kohl’s CEO and board director Michael Bender (more).

Shell beat expectations around expected earnings for its Q2, delivering $9.84 billion on that metric against $8.79 anticipated. “What we have been trying to build is a company that is able to thrive through volatility. So, you’re absolutely right, of course, the macro is such that the commodity prices are high and that provides a very strong tailwind for our results,” Shell CEO Wael Sawan (more).

Microsoft used its strong financial results during its fourth quarter to call for continued capital expenditures throughout the rest of 2026. EPS came in at $4.74 adjusted versus $4.24 expected, per LSEG, and revenue at $90.01 billion against $87.62 billion anticipated (more).

American Eagle will be opening a new distribution center in Salisbury, North Carolina, with the investment totaling $41 million while resulting in approximately 200 full-time jobs. “We’re proud to have a presence in Rowan County and are excited about what this facility means for the long-term growth of our supply chain and distribution network,” Jay Schottenstein, executive chairman and CEO of American Eagle Outfitters, said (more).