Tag #Retail

Showing 73 to 84 of 290 results

smh.com.au
🌐 75% Global Worthiness
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Harvey Norman Profits Soar Despite Minority Government Concerns

Harvey Norman announced a 39.7% jump in profit after tax to $279.4 million for the first half of 2025, driven by strong sales of premium goods, despite concerns from its executive chairman Gerry Harvey about a potential minority government negatively impacting the Australian economy.

Progress

48% Bias Score

Decent Work and Economic Growth
npr.org
🌐 75% Global Worthiness
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Party City Declares Bankruptcy, Closing Stores Nationwide

Party City, a once-thriving party supply chain, filed for bankruptcy in 2023 due to the rise of online retailers, a helium shortage impacting sales, high debt, and the impact of the COVID-19 pandemic, resulting in the closure of its stores nationwide.

Progress

44% Bias Score

Responsible Consumption and Production
forbes.com
🌐 90% Global Worthiness
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Agentic AI Revolutionizes Retail: Brands Must Adapt

Salesforce research reveals 32% of consumer goods firms have fully deployed generative AI, leading to the emergence of agentic AI, which autonomously completes shopping tasks, prompting brands to adapt their digital presence and content strategies.

Progress

36% Bias Score

Reduced Inequality
cnnespanol.cnn.com
🌐 75% Global Worthiness
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Starbucks Cuts Jobs, Simplifies Menu to Reverse Sales Decline

Starbucks is laying off over 1,000 corporate employees and simplifying its menu by removing 30% of its items, including several Frappuccinos and lattes, to combat four consecutive quarters of declining sales caused by high prices, long wait times, and unionization efforts; CEO Brian Niccol aims to r...

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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TikTok Live Shopping Drives Sales Boom, Prompting Return to Brick-and-Mortar Retail

Laura Mallows, owner of Mallows Beauty, closed her Cardiff store after finding TikTok Live Shopping more profitable, earning more in one hour than a full day in the shop; however, her success on TikTok led to her products being stocked in Superdrug and Boots, prompting her to plan a new physical sto...

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Amazon Overtakes Walmart as Top Revenue Retailer

Amazon surpassed Walmart as the top revenue-generating retailer in the final quarter of 2024, reporting \$187.8 billion in revenue compared to Walmart's \$180.6 billion; this follows twelve years of Walmart's dominance, and Walmart's stock dropped 6 percent following the announcement.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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MEC Faces Lawsuit over US$1.3 Million in Unpaid Bills

Lever Style Ltd. is suing Mountain Equipment Co-op (MEC) for US$917,452.77 in unpaid bills for delivered garments, highlighting MEC's financial difficulties and ongoing sale process amid declining revenues and a challenging retail environment.

Progress

28% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 65% Global Worthiness
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Jumbo Appoints Veteran Heidman as Interim CEO Amidst Slowing Growth

Jumbo supermarket chain appointed Tom Heidman as interim CEO, replacing Ton van Veen who announced his departure after two years, following the departure of Frits van Eerd due to a money laundering investigation; Heidman's extensive experience in the retail sector makes him the "ideal candidate", as...

Progress

20% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 75% Global Worthiness
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Rothy's Achieves Record Sales with Omnichannel Strategy

In 2024, Rothy's, led by new CEO Jenny Ming, achieved record sales of $211 million (17% growth) by diversifying its sales channels to include wholesale partnerships (Anthropologie, Bloomingdale's, Amazon, Nordstrom) and expanding its profitable brick-and-mortar store fleet.

Progress

36% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Pro-Consumption Policy Fuels Sales Surge for International Home Appliance Brands

China's expanded pro-consumption policy, launched in 2024 and including subsidies for digital products and home appliances, is driving significant sales growth for international brands like Dyson and Samsung, with Suning reporting sales increases ranging from 73 percent to 192 percent year-on-year f...

Progress

60% Bias Score

Responsible Consumption and Production
cnnespanol.cnn.com
🌐 85% Global Worthiness
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Walmart Forecasts Slower Growth Amid Inflation and Tariff Concerns

Walmart projects slower sales and profit growth in 2025 due to inflation and tariffs, impacting investor confidence and potentially signaling broader retail instability; the company expects 4% sales and 5.5% profit growth this year, but this is below investor expectations.

Progress

40% Bias Score

No Poverty
cincodias.elpais.com
🌐 85% Global Worthiness
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Walmart's Record Revenue Amidst Cautious Outlook

Walmart reported record revenue of $680.985 billion in fiscal year 2023, exceeding the previous year's $648.125 billion, driven by low prices amid inflation and e-commerce growth; however, Q4 growth slowed, and the company issued a cautious outlook for the coming year.

Progress

44% Bias Score

Reduced Inequality

Showing 73 to 84 of 290 results