Showing 13 to 24 of 506 results
Debenhams to Close Burnley Distribution Center, Jeopardizing 1200+ Jobs
Debenhams plans to close its Burnley distribution center, putting over 1200 jobs at risk starting in early 2026, as it transitions operations to Sheffield to enhance efficiency, impacting the local economy significantly.
Debenhams to Close Burnley Distribution Center, Jeopardizing 1200+ Jobs
Debenhams plans to close its Burnley distribution center, putting over 1200 jobs at risk starting in early 2026, as it transitions operations to Sheffield to enhance efficiency, impacting the local economy significantly.
Progress
36% Bias Score
Asda Sales Dip Slows Amidst IT Issues and Inflation
Asda's sales fell 0.2 percent in the three months to June 30, a slowdown from the first quarter's 5.9 percent drop, due to temporary stock issues from a £1 billion IT transformation and rising food inflation; the chairman expects further difficulties.
Asda Sales Dip Slows Amidst IT Issues and Inflation
Asda's sales fell 0.2 percent in the three months to June 30, a slowdown from the first quarter's 5.9 percent drop, due to temporary stock issues from a £1 billion IT transformation and rising food inflation; the chairman expects further difficulties.
Progress
40% Bias Score
Debenhams Considers PLT Sale, 1,251 Job Losses Amidst £264 Million Loss
Debenhams, facing £264 million pretax losses and falling sales, is considering selling its Pretty Little Thing brand and closing its Burnley distribution center, potentially resulting in 1,251 job losses, while also announcing a restructuring plan that includes cost-cutting and stock reduction.
Debenhams Considers PLT Sale, 1,251 Job Losses Amidst £264 Million Loss
Debenhams, facing £264 million pretax losses and falling sales, is considering selling its Pretty Little Thing brand and closing its Burnley distribution center, potentially resulting in 1,251 job losses, while also announcing a restructuring plan that includes cost-cutting and stock reduction.
Progress
44% Bias Score
Poundland Seeks Court Approval to Avoid Collapse
Poundland, facing administration by September 7, 2025, seeks High Court approval for a rescue plan involving store closures, job cuts (around 1,350), and rent reductions to secure £90 million in funding from Gordon Brothers, following a £1 sale and struggling with a £35.7 million pre-tax loss in 202...
Poundland Seeks Court Approval to Avoid Collapse
Poundland, facing administration by September 7, 2025, seeks High Court approval for a rescue plan involving store closures, job cuts (around 1,350), and rent reductions to secure £90 million in funding from Gordon Brothers, following a £1 sale and struggling with a £35.7 million pre-tax loss in 202...
Progress
44% Bias Score
US Retailers Face Rising Costs Due to Tariffs
Four major US retailers—Walmart, Home Depot, Target, and Lowe's—are facing increased costs due to Trump-era tariffs, prompting price adjustments and supply chain diversification efforts; Walmart's inventory rose $2.1 billion due to higher import costs.
US Retailers Face Rising Costs Due to Tariffs
Four major US retailers—Walmart, Home Depot, Target, and Lowe's—are facing increased costs due to Trump-era tariffs, prompting price adjustments and supply chain diversification efforts; Walmart's inventory rose $2.1 billion due to higher import costs.
Progress
28% Bias Score
Walmart Confirms Tariff-Driven Price Increases
Walmart, along with other major retailers, is raising prices due to weekly tariff increases, impacting consumer spending, particularly among middle- and lower-income shoppers, although some mitigation strategies are currently in place.
Walmart Confirms Tariff-Driven Price Increases
Walmart, along with other major retailers, is raising prices due to weekly tariff increases, impacting consumer spending, particularly among middle- and lower-income shoppers, although some mitigation strategies are currently in place.
Progress
40% Bias Score
Asda Sales Dip Amidst Rising Business Taxes and Weak Consumer Confidence
Asda's sales fell 0.2% to £5.3bn in the three months to June 30th, despite price cuts averaging 22% on more than half its products, driven by increased business taxes and weak consumer confidence; the supermarket chain plans to invest significantly to counter this.
Asda Sales Dip Amidst Rising Business Taxes and Weak Consumer Confidence
Asda's sales fell 0.2% to £5.3bn in the three months to June 30th, despite price cuts averaging 22% on more than half its products, driven by increased business taxes and weak consumer confidence; the supermarket chain plans to invest significantly to counter this.
Progress
44% Bias Score
BMO and BNS Q3 Profits Exceed Expectations, Driving Analyst Price Target Hikes
Analysts raised price targets for Bank of Montreal (BMO) and Bank of Nova Scotia (BNS) after both banks reported Q3 profits exceeding expectations due to lower-than-anticipated loan loss provisions, with BMO seeing average price target jump to C$169.77 and BNS to C$86.54.
BMO and BNS Q3 Profits Exceed Expectations, Driving Analyst Price Target Hikes
Analysts raised price targets for Bank of Montreal (BMO) and Bank of Nova Scotia (BNS) after both banks reported Q3 profits exceeding expectations due to lower-than-anticipated loan loss provisions, with BMO seeing average price target jump to C$169.77 and BNS to C$86.54.
Progress
32% Bias Score
UK Shop Prices Surge Amidst Budgetary Impact
British shop prices increased by 0.9 percent year-on-year, the fastest rise in over a year, driven by a 4.2 percent surge in food prices due to increased business costs from the recent budget, potentially resulting in up to 300,000 job losses by 2028.
UK Shop Prices Surge Amidst Budgetary Impact
British shop prices increased by 0.9 percent year-on-year, the fastest rise in over a year, driven by a 4.2 percent surge in food prices due to increased business costs from the recent budget, potentially resulting in up to 300,000 job losses by 2028.
Progress
64% Bias Score
Target CEO Steps Down Amidst Declining Sales and Controversies
Target CEO Brian Cornell is stepping down amid declining sales and controversies over its Pride collection and diversity initiatives, leaving the company facing challenges in regaining customer trust and improving operational efficiency.
Target CEO Steps Down Amidst Declining Sales and Controversies
Target CEO Brian Cornell is stepping down amid declining sales and controversies over its Pride collection and diversity initiatives, leaving the company facing challenges in regaining customer trust and improving operational efficiency.
Progress
48% Bias Score
US Tariffs Squeeze Retail Giants' Margins
Walmart, Home Depot, Target, and Lowe's reported significant cost increases due to US tariffs in Q2 2024, prompting price increases and impacting margins; Target experienced a decline in sales and profit margins, while others successfully maintained margins.
US Tariffs Squeeze Retail Giants' Margins
Walmart, Home Depot, Target, and Lowe's reported significant cost increases due to US tariffs in Q2 2024, prompting price increases and impacting margins; Target experienced a decline in sales and profit margins, while others successfully maintained margins.
Progress
28% Bias Score
Bed Bath & Beyond Bypasses California Due to High Costs
Bed Bath & Beyond, reborn from bankruptcy, will not open new stores in California due to high operating costs, opting for online sales there instead while planning 300 new stores nationwide in the next two years.
Bed Bath & Beyond Bypasses California Due to High Costs
Bed Bath & Beyond, reborn from bankruptcy, will not open new stores in California due to high operating costs, opting for online sales there instead while planning 300 new stores nationwide in the next two years.
Progress
48% Bias Score
Showing 13 to 24 of 506 results