Tag #Retail

Showing 61 to 72 of 299 results

forbes.com
🌐 85% Global Worthiness
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AI and Blockchain Transform Luxury Retail

AI-powered personalization and blockchain-enabled authenticity are revolutionizing the luxury market, enhancing customer experiences and addressing sustainability concerns, as exemplified by Harrods' use of AI for event planning and Loro Piana's Silhouette app for personalized and sustainable produc...

Progress

36% Bias Score

Responsible Consumption and Production
dailymail.co.uk
🌐 85% Global Worthiness
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Kohl's Sales Forecast Plummets Amidst Retail Slowdown

Kohl's department store announced a 5-7 percent sales decline projection for 2025 due to weakening consumer spending, causing a 26 percent stock drop and prompting store closures; this follows similar warnings from other major retailers amid recession fears.

Progress

40% 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
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
forbes.com
🌐 85% Global Worthiness
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SS United States' Final Voyage Mirrors Retail Sector's Tariff Uncertainty

The decommissioned American vessel, SS United States, began its final voyage on February 19th from the Delaware River, coinciding with increasing uncertainty in the retail sector due to fluctuating White House tariffs, leaving retailers struggling to predict product sourcing and profitability.

Progress

48% 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
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
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

Showing 61 to 72 of 299 results