Showing 289 to 300 of 394 results
US Retail Store Closures Surge 58% in 2024
In 2024, 7,308 US retail stores closed, exceeding openings by 1,427, a 58% increase from 2023; 49 retailers filed for bankruptcy, highlighting economic pressures, online competition, and internal challenges faced by some struggling chains.
US Retail Store Closures Surge 58% in 2024
In 2024, 7,308 US retail stores closed, exceeding openings by 1,427, a 58% increase from 2023; 49 retailers filed for bankruptcy, highlighting economic pressures, online competition, and internal challenges faced by some struggling chains.
Progress
48% Bias Score
Harrods Faces Major Strike During Peak Holiday Season
Over 350 Harrods employees in London will strike from December 20-22 and on Boxing Day (December 26), impacting peak sales, due to the refusal of Harrods management to negotiate better pay and working conditions, according to their union, UVW.
Harrods Faces Major Strike During Peak Holiday Season
Over 350 Harrods employees in London will strike from December 20-22 and on Boxing Day (December 26), impacting peak sales, due to the refusal of Harrods management to negotiate better pay and working conditions, according to their union, UVW.
Progress
56% Bias Score
Costco Q1 FY2025 Beats Expectations, Driven by Strong Membership Growth and Margin Expansion
Costco's first-quarter fiscal year 2025 results exceeded expectations, with total revenue hitting $62.15 billion and earnings per share reaching $4.04, driven by increased traffic, membership growth, and margin expansion; this outperformance highlights Costco's strong market position and value propo...
Costco Q1 FY2025 Beats Expectations, Driven by Strong Membership Growth and Margin Expansion
Costco's first-quarter fiscal year 2025 results exceeded expectations, with total revenue hitting $62.15 billion and earnings per share reaching $4.04, driven by increased traffic, membership growth, and margin expansion; this outperformance highlights Costco's strong market position and value propo...
Progress
48% Bias Score
Currys Warns of Price Rises Following Labour Budget
Currys reported a 2% rise in like-for-like sales but warned of upcoming price increases due to the Labour government's budget, estimating a £32 million impact from increased employer National Insurance contributions; this comes despite a recent rise in consumer confidence.
Currys Warns of Price Rises Following Labour Budget
Currys reported a 2% rise in like-for-like sales but warned of upcoming price increases due to the Labour government's budget, estimating a £32 million impact from increased employer National Insurance contributions; this comes despite a recent rise in consumer confidence.
Progress
44% Bias Score
German Prime Retail Space Competition Intensifies Despite Nationwide Closures
Vacancy rates for prime retail spaces in nine major German cities decreased to around 15% in the second half of 2023, a sign of resilience in the face of economic challenges, but still significantly higher than pre-pandemic levels; this contrasts sharply with the expected closure of around 5,000 sto...
German Prime Retail Space Competition Intensifies Despite Nationwide Closures
Vacancy rates for prime retail spaces in nine major German cities decreased to around 15% in the second half of 2023, a sign of resilience in the face of economic challenges, but still significantly higher than pre-pandemic levels; this contrasts sharply with the expected closure of around 5,000 sto...
Progress
36% Bias Score
Aldi's Spanish Expansion: 40 New Stores in 2024, 500 Target by 2025
Aldi, the German discount supermarket operator, will finish 2024 with 468 stores in Spain after opening around 40 new locations, slightly fewer than initially planned due to external factors; this expansion, fueled by over €1 billion in investments from 2020-2022, aims for 500 stores by 2025, with l...
Aldi's Spanish Expansion: 40 New Stores in 2024, 500 Target by 2025
Aldi, the German discount supermarket operator, will finish 2024 with 468 stores in Spain after opening around 40 new locations, slightly fewer than initially planned due to external factors; this expansion, fueled by over €1 billion in investments from 2020-2022, aims for 500 stores by 2025, with l...
Progress
36% Bias Score
Retailers' Use of Gig Apps Raises Concerns Over Christmas Staffing
High-street retailers are increasingly using gig apps to hire freelance shop assistants for Christmas, raising concerns about workers' rights and the circumvention of labor laws, as highlighted by the TUC.
Retailers' Use of Gig Apps Raises Concerns Over Christmas Staffing
High-street retailers are increasingly using gig apps to hire freelance shop assistants for Christmas, raising concerns about workers' rights and the circumvention of labor laws, as highlighted by the TUC.
Progress
48% Bias Score
Bogg Bag: From Defective Order to \$100 Million Brand
Kim Vaccarella founded Bogg Bag in 2008 to address the lack of durable, easy-to-clean beach bags; after overcoming initial manufacturing setbacks and leveraging unexpected demand during the Covid-19 pandemic, the company is projected to generate \$100 million in revenue in 2024.
Bogg Bag: From Defective Order to \$100 Million Brand
Kim Vaccarella founded Bogg Bag in 2008 to address the lack of durable, easy-to-clean beach bags; after overcoming initial manufacturing setbacks and leveraging unexpected demand during the Covid-19 pandemic, the company is projected to generate \$100 million in revenue in 2024.
Progress
20% Bias Score
Currys to Raise Prices After £32 Million Tax Increase
Currys, facing a £32 million cost increase from recent UK tax changes, will raise prices. The increase includes £12 million from National Insurance and £9 million from the National Living Wage rise, forcing the retailer to cut investment and hiring and potentially increase automation and offshoring,...
Currys to Raise Prices After £32 Million Tax Increase
Currys, facing a £32 million cost increase from recent UK tax changes, will raise prices. The increase includes £12 million from National Insurance and £9 million from the National Living Wage rise, forcing the retailer to cut investment and hiring and potentially increase automation and offshoring,...
Progress
52% Bias Score
Party City Faces Potential Bankruptcy After Recent Restructuring
Party City, a national party supply retailer with 850 stores, is considering bankruptcy due to lagging sales and financial struggles following its emergence from Chapter 11 in 2023, facing increased competition and rising costs.
Party City Faces Potential Bankruptcy After Recent Restructuring
Party City, a national party supply retailer with 850 stores, is considering bankruptcy due to lagging sales and financial struggles following its emergence from Chapter 11 in 2023, facing increased competition and rising costs.
Progress
44% Bias Score
"Inditex Expands Zara Man to 90 Stores, Enhancing Customer Experience"
"Inditex plans to open 90 Zara Man stores by year's end across 34 markets, with a Madrid flagship store featuring 700 square meters and a Zacaffè, reflecting a focus on enhanced customer experience."
"Inditex Expands Zara Man to 90 Stores, Enhancing Customer Experience"
"Inditex plans to open 90 Zara Man stores by year's end across 34 markets, with a Madrid flagship store featuring 700 square meters and a Zacaffè, reflecting a focus on enhanced customer experience."
Progress
24% Bias Score
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
Progress
52% Bias Score
Showing 289 to 300 of 394 results