Tag #Retail

Showing 25 to 36 of 299 results

dailymail.co.uk
🌐 75% Global Worthiness
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Morrisons Closes In-Store Services Amidst Private Equity Ownership Concerns

Morrisons, acquired by CD&R in 2021, closed 52 cafes, 13 florists, and other services, impacting jobs and raising concerns about the future of its unique model, despite strong recent sales growth and debt reduction efforts via asset sales.

Progress

64% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 65% Global Worthiness
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Søstrene Grene's UK Expansion: A Nordic Success Story Amidst High Street Challenges

Danish retailer Søstrene Grene is rapidly expanding its UK presence, aiming for 100 stores by 2027, capitalizing on lower post-pandemic rents and attracting shoppers with affordable, unique homewares in a model that benefits other nearby businesses.

Progress

12% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Lululemon's Q4 Earnings Beat Estimates, but 2025 Outlook Falls Short

Lululemon Athletica reported better-than-expected Q4 2024 earnings, exceeding revenue and profit estimates; however, its fiscal 2025 forecast fell short of analyst projections due to weakening consumer demand and increased competition, causing an 11% drop in its share price.

Progress

32% Bias Score

Responsible Consumption and Production
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
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
theglobeandmail.com
🌐 75% Global Worthiness
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SRTX Secures $40 Million in Down Round Financing, CEO to Step Down

SRTX Inc., maker of Sheertex tights, secured a $40-million down round financing led by H&M and Canadian Crown corporations, valuing the company at approximately US$135 million, significantly less than its 2022 valuation, resulting in substantial dilution for non-participating shareholders and the de...

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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WH Smith Sells High Street Stores for £76 Million

WH Smith is selling its 480 high street stores to Modella Capital for £76 million, rebranding them as TG Jones, after its travel business generated 85% of its trading profit last year; the deal includes 5,000 employees and various concessions.

Progress

44% 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
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

Showing 25 to 36 of 299 results