Tag #Retail

Showing 277 to 288 of 512 results

zeit.de
🌐 75% Global Worthiness
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Gerry Weber Files for Insolvency Again

German fashion company Gerry Weber filed for insolvency for the third time on March 25th, 2024, impacting 230 employees in Germany, due to a weak consumer climate and rising costs, while aiming to continue operations and find a new owner.

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Cencosud Founder Horst Paulmann Dies at 89

Horst Paulmann, founder of the Chilean retail giant Cencosud, died at 89 in Germany; his company confirmed his passing, highlighting his transformative impact on the Latin American retail industry, from his beginnings in Temuco, Chile to a major conglomerate spanning five countries.

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 65% Global Worthiness
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Hudson's Bay Restructuring: Gift Cards Active, Loyalty Points Suspended

Hudson's Bay, facing financial crisis and court-ordered restructuring, has temporarily suspended its loyalty program impacting $58.6 million in points; however, its $24.3 million in gift cards remain active.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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WH Smith Sells High Street Division, Focusing on Travel

WH Smith, a 231-year-old British retailer, is selling its 500 UK high street stores to focus on its thriving travel business, leaving only Alteri and Modella Capital as potential buyers; the sale is expected to be finalized in April, impacting approximately 5,000 employees.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Sycamore Partners to Acquire Walgreens Boots Alliance for Over $10 Billion

Walgreens Boots Alliance is being acquired by Sycamore Partners for over $10 billion in a deal that includes $11.45 per share plus potential additional cash from the monetization of its VillageMD holdings; the deal comes after Walgreens has struggled financially, closing hundreds of stores and posti...

Progress

40% Bias Score

Good Health and Well-being
forbes.com
🌐 85% Global Worthiness
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Retail Job Losses Surge Amidst Economic Uncertainty

Retail trade jobs dropped sharply in February 2025, following announcements of over 45,000 retail layoffs as weakening consumer confidence and economic uncertainty impact profitability, leading retailers to cut costs through store closures and staff reductions.

Progress

48% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Mercadona Reports Record Profits Amidst Dana Storm Aftermath

Mercadona, led by Juan Roig, announced record 2024 profits of €1.384 billion (37% increase), a €38.8 billion turnover, and €108 million in aid for businesses affected by the Dana storm in Spain, highlighting both economic success and disaster response.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Experiential Retail: Luxury Brands Redefine Shopping Through Immersive Spaces

Luxury and beauty brands are redefining retail experiences by creating immersive pop-up shops and branded restaurants, such as Rhode's pop-up generating millions of social media hashtags and Coach's Jakarta brasserie, to elevate brand image and deepen customer connections.

Progress

20% Bias Score

Sustainable Cities and Communities
repubblica.it
🌐 85% Global Worthiness
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Walmart's E-Commerce Surge Challenges Amazon's Dominance

Walmart's US e-commerce sales are surging, challenging Amazon's dominance, particularly in grocery delivery, thanks to its 4,700 stores and a new efficient delivery system called Spark. Same-day delivery of over 5 billion packages highlights Walmart's success.

Progress

40% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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Walgreens Boots Alliance Goes Private in $23.7 Billion Deal

Walgreens Boots Alliance, facing declining profits and market value, is being acquired by Sycamore Partners in a deal valued up to $23.7 billion, ending its nearly 100-year run as a publicly traded company and resulting in the closure of approximately 1,200 stores by 2027.

Progress

44% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
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Seven & I Appoints Foreign CEO, Announces Restructuring Amidst Takeover Bid

Seven & I Holdings, facing a $47 billion takeover bid from ACT, appointed its first foreign CEO, Stephen Dacus, on Thursday, announcing a significant restructuring involving asset sales, share buybacks, and a potential US listing to fend off the offer and address investor concerns.

Progress

56% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Boots' Owner Walgreens Goes Private in \$10 Billion Deal

Walgreens Boots Alliance, owner of Boots, will be taken private by Sycamore Partners in a \$10 billion deal, ending nearly a century of public trading amid financial challenges and increased online competition; around 300 UK Boots stores recently closed.

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 277 to 288 of 512 results