Tag #Retail

Showing 133 to 144 of 299 results

kathimerini.gr
🌐 75% Global Worthiness
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Masoutis Explores ANEDIK Kritiki Acquisition to Boost Attica Market Share

Masoutis, a Greek supermarket chain, is exploring the acquisition of ANEDIK Kritiki to expand in Attica, following a 44.16% sales increase since its 2019 Promitheftiki acquisition; 2024 turnover is projected to exceed €1.14 billion, with €25 million planned for 2025 investments in new stores and tec...

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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High-Street Exodus: Major Brands Abandon London's Oxford Street

Facing dwindling foot traffic and poor retail performance, major fashion brands are leaving London's Oxford Street, highlighting the broader decline of UK high streets and the need for regeneration efforts.

Progress

52% Bias Score

Sustainable Cities and Communities
us.cnn.com
🌐 75% Global Worthiness
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Kohl's New CEO Inherits Declining Sales, Stock Value

Kohl's, facing declining sales and stock value for 11 consecutive quarters, saw its previous CEO's attempt to revamp the chain by replacing private-label brands with well-known ones fail to offset shortfalls, alienating core customers and resulting in a nearly 50% stock drop over the past year.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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WH Smith Explores Sale of High Street Stores

WH Smith is exploring the sale of its 500 UK high street stores to focus on its more profitable travel business, potentially leading to the brand's disappearance from high streets and impacting 5,000 employees.

Progress

40% 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
dailymail.co.uk
🌐 75% Global Worthiness
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Frasers Group Takes Nearly 5% Stake in Struggling THG

Frasers Group purchased nearly 4.8% of THG, a British e-commerce company facing financial difficulties since its 2021 IPO, after THG demerged its tech unit to cut costs and reported plans to resume growth this year. This follows Frasers' previous investments of £10 million in THG and the purchase of...

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 65% Global Worthiness
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Most Elgin Businesses Defy Shopping Centre Closure, Planning to Relocate

Elgin's St Giles Shopping Centre closed on January 20th, 2024, after a dispute with Moray Council over business rates, displacing 15 businesses; however, most plan to relocate within Elgin, showcasing local resilience and potential for future town center revitalization.

Progress

40% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 75% Global Worthiness
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Kohl's New CEO Inherits Struggling Retail Giant

Kohl's new CEO, Ashley Buchanan, inherits a struggling department store chain with declining sales and stock value due to previous executive decisions that alienated customers. The company is facing challenges from online competition, high inflation, and the lingering effects of the COVID-19 pandemi...

Progress

44% Bias Score

Decent Work and Economic Growth
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

Showing 133 to 144 of 299 results