Tag #Retail

Showing 121 to 132 of 280 results

cnbc.com
🌐 85% Global Worthiness
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Record Market High Amidst Boeing Loss, Trump's Davos Remarks, and Soaring Store Closures

The S&P 500 hit a record high Thursday, but Boeing announced a $4 billion Q4 loss, Trump pressured the Federal Reserve at Davos, and US store closures are spiking, exceeding 2020 levels.

Progress

24% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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Sainsbury's to Cut 3,000 Jobs Amidst Rising Costs

Sainsbury's is cutting 3,000 jobs, partly due to increased employer National Insurance Contributions and rising costs, as part of a wider cost-cutting strategy involving store closures and reduced operating expenses to maintain profit margins in a competitive market.

Progress

56% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 65% Global Worthiness
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Maisons du Monde Announces 91 Job Cuts Amidst Declining Sales

French furniture retailer Maisons du Monde announced 91 job cuts at its Paris and Nantes headquarters, primarily targeting voluntary departures, to address declining sales and implement its "Inspire everyday" cost-reduction plan, aiming to regain growth by 2025-2026.

Progress

36% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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E-commerce Sales Surge in Spain: 18% Growth in 2024

In 2024, Spanish e-commerce sales surged by 18%, outpacing offline growth at 4.5%, reaching a 6.8% market share in consumer goods. This growth is fueled by increased purchasing frequency, larger basket sizes, and higher spending, with senior citizens increasingly adopting online shopping.

Progress

44% Bias Score

Responsible Consumption and Production
zeit.de
🌐 65% Global Worthiness
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Görtz Files for Insolvency Again

Görtz, a Hamburg-based shoe retailer founded in 1875, has filed for insolvency for the second time this year, after a previous restructuring in July 2023 that aimed to save 650 jobs, leaving the future of its remaining 30 stores uncertain.

Progress

40% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 65% Global Worthiness
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Blokker Franchisees Thrive Amidst Parent Company Collapse

Following the collapse of the Blokker chain, 41 franchise stores remain, securing their own suppliers, expanding, and leveraging a deal for access to stranded Blokker own-brand products in the Rotterdam harbor, while awaiting further direction from the new owner, Roland Palmer, who is set to define ...

Progress

48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Record Surge in UK Business Distress Amid Falling Consumer Confidence

UK businesses in critical financial distress jumped 50% in the last quarter of 2024 to 46,583, fueled by HMRC's tougher tax stance and falling consumer confidence amid rising costs and economic uncertainty.

Progress

32% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Woolworths Doubles Brut Deodorant Price Despite Smaller Size

Woolworths is selling a smaller 50g Brut deodorant stick for \$10, double the unit price of the previous 75g \$7 version, highlighting 'shrinkflation' and sparking consumer concerns amidst a cost-of-living crisis and existing accusations of deceptive pricing practices.

Progress

64% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Waterstones' Profit Doubles Amidst Print Book Resurgence

Waterstones, the UK's largest bookstore, doubled its profits to £20.9 million in 2023, driven by a return to print book sales, a community-focused strategy, and the resurgence of commuter readership, defying predictions of the physical bookstore's decline.

Progress

40% Bias Score

Quality Education
lemonde.fr
🌐 65% Global Worthiness
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Galeries Lafayette to Close Marseille Stores Amidst Financial Losses

Galeries Lafayette will close its two Marseille stores by the end of 2024 due to consistent annual losses of €10 million, despite a 4% overall revenue increase for the group in 2024, impacting 145 employees and highlighting challenges in adapting to evolving urban retail landscapes.

Progress

44% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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German Retail SMEs Face Severe Sales Crisis

German retail SMEs experienced significant sales drops in November (-1.1%) and December (-0.9%) 2023 compared to previous months, missing the usual Christmas sales boost, unlike the overall retail sector. December 2023 sales were 2.2% lower than in December 2022, following a 4.4% drop in December 20...

Progress

44% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 65% Global Worthiness
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Resilient Blokker Franchisees Adapt to Independence Amidst Chain Collapse

Following the closure of most Blokker stores, 41 franchise locations remain operational, securing their own supply chains and exploring expansion opportunities, demonstrating resilience despite the challenges of the parent company's failure and highlighting the potential for a more autonomous retail...

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 121 to 132 of 280 results