Showing 121 to 132 of 171 results
German Furniture Sales Plummet 7.4% in 2024
German furniture manufacturers experienced a 7.4 percent drop in sales in 2024, totaling €16.4 billion, due to reduced consumer spending, fewer new homes, and post-pandemic shifts in consumer priorities; the industry anticipates slight growth in 2025 but faces high short-term work rates.
German Furniture Sales Plummet 7.4% in 2024
German furniture manufacturers experienced a 7.4 percent drop in sales in 2024, totaling €16.4 billion, due to reduced consumer spending, fewer new homes, and post-pandemic shifts in consumer priorities; the industry anticipates slight growth in 2025 but faces high short-term work rates.
Progress
36% Bias Score
Joann Fabrics to Close 500 Stores Amidst Second Bankruptcy
Joann Fabrics, a crafts and fabrics retailer, is closing approximately 500 stores nationwide due to its second bankruptcy filing in less than a year, citing inventory issues and a failed attempt to find a buyer, impacting communities and employees across all 50 states.
Joann Fabrics to Close 500 Stores Amidst Second Bankruptcy
Joann Fabrics, a crafts and fabrics retailer, is closing approximately 500 stores nationwide due to its second bankruptcy filing in less than a year, citing inventory issues and a failed attempt to find a buyer, impacting communities and employees across all 50 states.
Progress
28% Bias Score
Blokker Bankruptcy Opens Doors for Other Retailers in the Netherlands
The bankruptcy of Dutch household goods chain Blokker has created opportunities for other retailers, with approximately 350 vacant stores now being sought after by discounters and other chains such as Kruidvat, Wibra, KIK, Shoeby, Van Haren, and Xenos. This highlights the resilience of the Dutch ret...
Blokker Bankruptcy Opens Doors for Other Retailers in the Netherlands
The bankruptcy of Dutch household goods chain Blokker has created opportunities for other retailers, with approximately 350 vacant stores now being sought after by discounters and other chains such as Kruidvat, Wibra, KIK, Shoeby, Van Haren, and Xenos. This highlights the resilience of the Dutch ret...
Progress
36% Bias Score
Walgreens Suspends Dividend After 90+ Years, Stock Plunges 11%
Walgreens Boots Alliance Inc. suspended its dividend after more than 90 years, causing an 11% stock drop in premarket trading due to financial challenges including legal issues, rising costs, and reduced consumer spending; the company plans to close 1200 stores.
Walgreens Suspends Dividend After 90+ Years, Stock Plunges 11%
Walgreens Boots Alliance Inc. suspended its dividend after more than 90 years, causing an 11% stock drop in premarket trading due to financial challenges including legal issues, rising costs, and reduced consumer spending; the company plans to close 1200 stores.
Progress
40% Bias Score
Santander UK Chairman Resigns Amidst Strategic Shift and Legal Challenges
Santander UK chairman William Welker resigned Tuesday, triggering a search for a successor amidst strategic shifts, including potential job cuts and a focus on US expansion, and following a £350 million provision for a British court ruling on auto loan practices.
Santander UK Chairman Resigns Amidst Strategic Shift and Legal Challenges
Santander UK chairman William Welker resigned Tuesday, triggering a search for a successor amidst strategic shifts, including potential job cuts and a focus on US expansion, and following a £350 million provision for a British court ruling on auto loan practices.
Progress
52% Bias Score
Record UK Profit Warnings Signal Bleak 2025 Economic Outlook
A record 20% of UK-listed companies issued profit warnings in 2024, exceeding pandemic levels, due to contract delays (34%), rising costs (20%), and government tax hikes, leading to hiring freezes and output declines.
Record UK Profit Warnings Signal Bleak 2025 Economic Outlook
A record 20% of UK-listed companies issued profit warnings in 2024, exceeding pandemic levels, due to contract delays (34%), rising costs (20%), and government tax hikes, leading to hiring freezes and output declines.
Progress
48% Bias Score
\"Germany Faces Longest Post-War Recession Amidst Employment Contradictions\"\
Germany's economy is projected to shrink by 0.5 percent in 2025, marking the longest recession since WWII, driven primarily by domestic policy concerns rather than geopolitical issues; unemployment stands at 6.3 percent, despite over a million unfilled job openings, while the manufacturing sector ha...
\"Germany Faces Longest Post-War Recession Amidst Employment Contradictions\"\
Germany's economy is projected to shrink by 0.5 percent in 2025, marking the longest recession since WWII, driven primarily by domestic policy concerns rather than geopolitical issues; unemployment stands at 6.3 percent, despite over a million unfilled job openings, while the manufacturing sector ha...
Progress
56% Bias Score
Recession Brunette" Hair Trend Reflects Economic Uncertainty
The rising popularity of "Recession Brunette" hair color, involving darker shades or balayage, among women reflects economic anxieties leading to cost-saving beauty choices; this trend, while not a reliable economic indicator, mirrors past correlations between fashion and economic cycles.
Recession Brunette" Hair Trend Reflects Economic Uncertainty
The rising popularity of "Recession Brunette" hair color, involving darker shades or balayage, among women reflects economic anxieties leading to cost-saving beauty choices; this trend, while not a reliable economic indicator, mirrors past correlations between fashion and economic cycles.
Progress
60% Bias Score
Estée Lauder Announces Major Job Cuts Amidst Declining Sales
Estée Lauder announced 5,800 to 7,000 net job cuts by the end of 2026 due to declining global sales, particularly in Asia, resulting in a 19% stock price drop and a $590 million net loss in Q2.
Estée Lauder Announces Major Job Cuts Amidst Declining Sales
Estée Lauder announced 5,800 to 7,000 net job cuts by the end of 2026 due to declining global sales, particularly in Asia, resulting in a 19% stock price drop and a $590 million net loss in Q2.
Progress
40% Bias Score
Continental to Close Contitech Plants, 580 Jobs Affected
Continental is closing several Contitech plants in four German states, affecting 580 jobs, including 58 in Saxony, due to decreased demand in the automotive and lignite mining sectors; the company aims to manage the restructuring socially responsibly.
Continental to Close Contitech Plants, 580 Jobs Affected
Continental is closing several Contitech plants in four German states, affecting 580 jobs, including 58 in Saxony, due to decreased demand in the automotive and lignite mining sectors; the company aims to manage the restructuring socially responsibly.
Progress
44% Bias Score
German Electro-Digital Industry Faces Continued Decline in 2025
Germany's electro- and digital industry anticipates a 2 percent decrease in price-adjusted production in 2025, following a more than 9 percent drop in 2024; the ZVEI president warns of potential job cuts and calls for government intervention to improve competitiveness.
German Electro-Digital Industry Faces Continued Decline in 2025
Germany's electro- and digital industry anticipates a 2 percent decrease in price-adjusted production in 2025, following a more than 9 percent drop in 2024; the ZVEI president warns of potential job cuts and calls for government intervention to improve competitiveness.
Progress
48% Bias Score
Restructuring Boosts Bavarian Retail Sales Despite Employment Drop
Bavarian retail sales grew by 5% in 2024 despite a 1.1% decrease in employment, largely due to a major online retailer's restructuring; however, traditional stores saw minimal growth, and the grocery sector experienced significant job losses.
Restructuring Boosts Bavarian Retail Sales Despite Employment Drop
Bavarian retail sales grew by 5% in 2024 despite a 1.1% decrease in employment, largely due to a major online retailer's restructuring; however, traditional stores saw minimal growth, and the grocery sector experienced significant job losses.
Progress
32% Bias Score
Showing 121 to 132 of 171 results