Tag #Retail

Showing 13 to 24 of 282 results

news.sky.com
🌐 65% Global Worthiness
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WH Smith Sells High Street Business for £76 Million

WH Smith sold its 233-year-old high street business with 480 stores and 5,000 employees to Modella Capital for £76 million, allowing it to focus on its more profitable travel retail arm and resulting in an estimated £25 million net gain after costs. The high street business will be rebranded as TG J...

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Neiman Marcus Downtown Dallas to Close After 120 Years

After a decade-long lease dispute, Saks Global will close its Neiman Marcus flagship store in Downtown Dallas on March 31, 2024, despite the city acquiring the property deed; the company plans a $100 million renovation of its NorthPark location instead.

Progress

48% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 75% Global Worthiness
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Dollar Tree Sells Underperforming Family Dollar for $1 Billion

Dollar Tree is selling Family Dollar to private equity firms for \$1 billion after years of underperformance, including store closures, safety violations, and struggles to compete with larger retailers amidst inflation.

Progress

48% Bias Score

No Poverty
cnn.com
🌐 75% Global Worthiness
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Dollar Tree Sells Family Dollar for \$1 Billion After Years of Struggles

Dollar Tree is selling Family Dollar to Brigade Capital Management and Macellum Capital Management for \$1 billion, a fraction of its \$9 billion purchase price in 2015, after years of struggles for the discount chain, including store closures, declining sales, and regulatory issues. The sale is exp...

Progress

44% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Dutch A-Brand Supermarket Sales Drop 9% in 2024

The top 100 A-brands in Dutch supermarkets experienced a 9% sales decline in 2024 compared to 2023, primarily due to the tobacco sales ban and increased competition from store brands and fresh products. Disputes between manufacturers and supermarket chains further worsened the situation.

Progress

44% Bias Score

Responsible Consumption and Production
theglobeandmail.com
🌐 85% Global Worthiness
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Hudson's Bay to Liquidate Most Stores, Thousands of Jobs at Risk

Hudson's Bay Company, facing financial difficulties, is liquidating most of its stores in Canada, beginning Monday and concluding by mid-June, potentially resulting in over 9,300 job losses and over \$100 million in delayed or absent severance payments for employees.

Progress

48% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 65% Global Worthiness
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WH Smith Sells High Street Business for £76 Million

WH Smith sold its 233-year-old high street business with 480 stores and 5,000 employees to Modella Capital for £76 million, allowing it to focus on its more profitable travel retail arm; the high street business will be rebranded as TGJones.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Dollarama Acquires Australian Retailer The Reject Shop

Dollarama Inc. purchased Australian discount retailer The Reject Shop Ltd. for A$259 million (Cdn$233 million), representing a 108 percent premium and expanding Dollarama's international presence after its investment in Dollarcity.

Progress

36% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Kodi Sells 150 Stores, 80 to Close Amidst Insolvency

Kodi, a German discount retailer facing insolvency, has agreed to sell 150 of its 230 stores, retaining around 1200 employees, while 80 stores with approximately 480 employees will close, though further investor talks are ongoing.

Progress

32% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Retail Productivity Stagnation: Lessons from Sears' Rise and Fall

Sears' bankruptcy highlights the critical need for retail adaptation and reinvestment in innovation, as Accenture's analysis shows that only the top 25% of retail companies are achieving significant productivity growth, while 54% experience negative growth; Generative AI is poised to revolutionize p...

Progress

36% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 75% Global Worthiness
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Dutch A-Brand Supermarket Sales Drop 9% in 2024

The top 100 A-brands in Dutch supermarkets experienced a 9% sales drop in 2024 compared to 2023, primarily due to a tobacco sales ban and increased competition from store brands, alongside distribution issues stemming from retailer conflicts.

Progress

44% Bias Score

Responsible Consumption and Production
dailymail.co.uk
🌐 75% Global Worthiness
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Asda Launches Aggressive Price War, Sparking Market Volatility

Asda, facing declining market share after a 2021 takeover, launched a price war yesterday, cutting prices on 1,500 items by up to 45 percent to regain customers, despite concerns about profitability and operational issues.

Progress

44% Bias Score

No Poverty

Showing 13 to 24 of 282 results