Showing 253 to 264 of 516 results
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.
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
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.
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
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.
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
Asos Shares Soar 22% on Improved Profit Outlook
Asos shares experienced a 22.6 percent surge on Friday, driven by improved profit expectations resulting from reduced markdowns, increased full-price sales, and cost-cutting. This follows a period of weak post-pandemic performance and a recent 17-year low in share price. Danish billionaire Anders Ho...
Asos Shares Soar 22% on Improved Profit Outlook
Asos shares experienced a 22.6 percent surge on Friday, driven by improved profit expectations resulting from reduced markdowns, increased full-price sales, and cost-cutting. This follows a period of weak post-pandemic performance and a recent 17-year low in share price. Danish billionaire Anders Ho...
Progress
40% Bias Score
UK High Street Closures to Rise in 2025 Amidst Rising Costs
UK high street store closures fell to 12,800 in 2024, down from 13,000 in 2023, but rising business costs are predicted to increase closures in 2025, driven by tax increases and minimum wage hikes, impacting consumer spending and new store openings.
UK High Street Closures to Rise in 2025 Amidst Rising Costs
UK high street store closures fell to 12,800 in 2024, down from 13,000 in 2023, but rising business costs are predicted to increase closures in 2025, driven by tax increases and minimum wage hikes, impacting consumer spending and new store openings.
Progress
44% Bias Score
Hudson's Bay Co. Faces Liquidation After Real Estate-Focused Strategy
Richard Baker's 17-year tenure as governor of Hudson's Bay Co. prioritized real estate deals over retail, generating billions but leaving the company facing liquidation due to declining sales and alienated landlords; 9,000 jobs are at risk.
Hudson's Bay Co. Faces Liquidation After Real Estate-Focused Strategy
Richard Baker's 17-year tenure as governor of Hudson's Bay Co. prioritized real estate deals over retail, generating billions but leaving the company facing liquidation due to declining sales and alienated landlords; 9,000 jobs are at risk.
Progress
48% Bias Score
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...
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
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.
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
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.
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
Beijing Revamps Commercial Landscape to Boost Consumption
Beijing plans to revamp 12 commercial districts and add 1 million square meters of retail space by year-end, focusing on experiential retail and cultural integration to boost domestic consumption, as seen in successful projects like Beijing Hops On and Wanli.
Beijing Revamps Commercial Landscape to Boost Consumption
Beijing plans to revamp 12 commercial districts and add 1 million square meters of retail space by year-end, focusing on experiential retail and cultural integration to boost domestic consumption, as seen in successful projects like Beijing Hops On and Wanli.
Progress
40% Bias Score
Fix Price Expands into Serbia, Defying Sanctions
Russian discount retailer Fix Price will open several stores in Serbia in the second half of 2025, marking a rare instance of Russian business expansion in Europe since the Ukraine invasion and adding to its existing presence in Latvia.
Fix Price Expands into Serbia, Defying Sanctions
Russian discount retailer Fix Price will open several stores in Serbia in the second half of 2025, marking a rare instance of Russian business expansion in Europe since the Ukraine invasion and adding to its existing presence in Latvia.
Progress
24% Bias Score
Hudson's Bay to Liquidate All Canadian Stores Amidst Trade Tensions and Economic Downturn
Hudson's Bay, a 354-year-old Canadian retailer, is liquidating all 80 of its stores and 15 Saks locations in Canada due to sluggish consumer spending, post-pandemic challenges, and trade tensions with the U.S., resulting in 9,364 job losses and over $950 million in debt to suppliers.
Hudson's Bay to Liquidate All Canadian Stores Amidst Trade Tensions and Economic Downturn
Hudson's Bay, a 354-year-old Canadian retailer, is liquidating all 80 of its stores and 15 Saks locations in Canada due to sluggish consumer spending, post-pandemic challenges, and trade tensions with the U.S., resulting in 9,364 job losses and over $950 million in debt to suppliers.
Progress
40% Bias Score
Showing 253 to 264 of 516 results