Tag #Retail

Showing 97 to 108 of 509 results

theguardian.com
🌐 85% Global Worthiness
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Inditex Opens New Global Headquarters Amidst Sales Slowdown

Inditex, the parent company of Zara, celebrated its 50th anniversary by opening a new global headquarters in Arteixo, Spain, featuring a private high street for testing new store concepts; despite recent sales growth slowdown, the company plans to expand its store presence and enhance its services t...

Progress

56% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Rite Aid Closes 1,000 Stores Amidst Second Bankruptcy

Rite Aid closed 1,000 stores after its second bankruptcy filing in two years, leaving thousands of Americans without easy access to pharmacies, highlighting challenges faced by brick-and-mortar drugstores against online competitors and financial difficulties.

Progress

52% Bias Score

Good Health and Well-being
es.euronews.com
🌐 85% Global Worthiness
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Amazon, Retail's Future, and Europe's Fragmented Market

Amidst retail closures (Esprit, Ted Baker, Casino Group), Amazon's VP Mariangela Marseglia forecasts online and traditional retail's coexistence, highlighting the cost-of-living crisis impact on consumer behavior and Amazon's €41 billion contribution to the EU GDP while noting challenges from Europe...

Progress

36% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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River Island to Close Stores, Putting Hundreds of Jobs at Risk

River Island, facing a £33.2 million pre-tax loss and declining turnover, plans to close 33 stores and potentially 70 more to adapt to online shopping and rising costs, putting hundreds of jobs at risk and reflecting broader challenges for high street retailers.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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River Island to Close 33 Stores, Hundreds of Jobs at Risk

River Island, facing a £33.2 million loss and 19% sales drop in 2023, will close 33 UK stores, impacting hundreds of jobs due to increased online shopping and higher operational costs; creditors will vote on August 4th, with a court decision on August 7th.

Progress

44% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 65% Global Worthiness
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Spanish Hypermarkets Face Regulatory Hurdles, Slow Growth

Anged, representing major Spanish retailers, reports that bureaucratic hurdles, including lengthy licensing processes and taxes, impede hypermarket growth despite their 14% share of the market, contrasting with the unrestricted growth of smaller stores; a new report projects slow growth in the secto...

Progress

44% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Trump Announces 20% Tariff on Vietnamese Imports, Easing Retail Concerns

President Trump announced a 20% tariff on Vietnamese imports, significantly lower than the initially proposed 46%, providing relief to the retail industry although some executives remain concerned about the impact on consumer spending and economic uncertainty.

Progress

52% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Mercadona Opens Largest Logistics Center in Portugal

Mercadona opened its largest logistics center to date in Almeirim, Portugal, a \$290 million investment creating 630 jobs and supporting its 63 Portuguese stores.

Progress

60% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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Amazon VP: E-commerce and High Street Retail Can Coexist in Europe

Amidst widespread European retail closures in 2024, Amazon's VP Mariangela Marseglia argues that e-commerce and high street retail can coexist, citing consumer demand and Amazon's role in offering niche products and supporting SMEs; however, she highlights the challenges posed by Europe's fragmented...

Progress

60% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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S&P Upgrades El Corte Inglés Credit Outlook to Positive

Standard & Poor's upgraded El Corte Inglés's credit outlook to positive, citing better-than-expected operational performance and improved margins, leading to a potential debt rating increase within two years; the company showed a 2.3% revenue increase to €14.786 billion and a 6.7% rise in net profit...

Progress

24% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 45% Global Worthiness
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Village Businesses Thrive Amidst UK High Street Decline

Tettenhall, a village in Wolverhampton, UK, is bucking the trend of empty shops on UK high streets, with local businesses attributing their success to diverse offerings, excellent customer service, and a focus on unique products, unlike struggling larger city centers such as Wolverhampton.

Progress

56% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 65% Global Worthiness
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Poundland to Close 68 Stores, 1,350 Jobs at Risk in Restructuring

Poundland's new owner, Gordon Brothers, plans to close 68 stores and two distribution centers, impacting 1,350 jobs, to create a financially sustainable model after underperformance, with a focus shifting to profitable stores and rent reductions.

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 97 to 108 of 509 results