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Bed Bath & Beyond is laying off 20% of its staff and closing stores: Bed Bath & Beyond's stock tumbled in early trading after it announced layoffs ...
cnn.com/2022/08/31/business/bed-bath-and-beyond-turnaround-plan/
Bed Bath & Beyond to close 150 stores, cut 20% of its corporate staff: Shares of the retailer's stock fell by more than 24% after Bed Bath & Beyond revealed ...
businessinsider.com/bed-bath-and-beyond-close-150-stores-cut-jobs-2022-8
Bed Bath & Beyond to close 150 stores, lay off 20% of staff: Bed Bath & Beyond said it has already started liquidation sales at closing stores.
axios.com/2022/08/31/bed-bath-beyond-store-closings-2022
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Bed Bath & Beyond is laying off 20% of its staff and closing stores: Bed Bath & Beyond's stock tumbled in early trading after it announced layoffs ...
cnn.com/2022/08/31/business/bed-bath-and-beyond-turnaround-plan/
Bed Bath & Beyond to close 150 stores, cut 20% of its corporate staff: Shares of the retailer's stock fell by more than 24% after Bed Bath & Beyond revealed ...
businessinsider.com/bed-bath-and-beyond-close-150-stores-cut-jobs-2022-8
Bed Bath & Beyond to close 150 stores, lay off 20% of staff: Bed Bath & Beyond said it has already started liquidation sales at closing stores.
axios.com/2022/08/31/bed-bath-beyond-store-closings-2022
Bed Bath & Beyond is laying off 20% of its staff and closing stores: Its retail footprint is being reduced, with around 150 Bed Bath & Beyond stores set to ...
richmond.com/news/national/bed-bath-beyond-is-laying-off-20-of-its-staff-and-closing-stores/article_44c65c27-19d9-5a9d-bb3a-51d36006ff43.html
Bed Bath & Beyond Tanks Nearly 30% As It Announces Layoffs And Store Closures: The home retailer announced significant store closures and corporate layoffs ...
forbes.com/sites/dereksaul/2022/08/31/bed-bath--beyond-tanks-nearly-30-as-it-announces-layoffs-and-store-closures/
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Bed Bath & Beyond announces store closures, layoffs and new financing in push to fix struggling business
cnbc.com/2022/08/31/bed-bath-beyond-announces-500-million-in-new-financing-plans-for-layoffs.html
Bed Bath & Beyond is laying off 20% of its staff and closing stores: Its retail footprint is being reduced, with around 150 Bed Bath & Beyond stores set to ...
dailyprogress.com/news/national/bed-bath-beyond-is-laying-off-20-of-its-staff-and-closing-stores/article_11ceee1b-74da-5cb8-b679-8f2eb52fe40d.html
Supermarket of the Year 2024 - The winners have been decided!: In a brilliant finale, the LP won the “Supermarket of the Year” event at the leading industry ...
lebensmittelpraxis.de/handel-aktuell/39950-supermarkt-des-jahres-2024-die-sieger-stehen-fest.html
New national fleet manager appointed for SEAT and CUPRA UK: Martin Gray has been appointed national fleet manager for SEAT and CUPRA UK. He will oversee a team ...
motortrader.com/motor-trader-news/automotive-news/new-national-fleet-manager-appointed-seat-cupra-uk-26-04-2024
Walgreens embarks on another round of layoffs: The Deerfield-based company has been cutting jobs every few months over the last year.
chicagotribune.com/2024/04/16/walgreens-layoffs/
Sterling wavers as markets gauge reported Israeli attack on Iran: The pound was little changed on Friday after falling to a five-month low against the dollar in ...
reuters.com/markets/currencies/sterling-wavers-markets-gauge-reported-israeli-attack-iran-2024-04-19/
GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
‘Blowout’ US retail sales shake bond and currency markets: Government debt sells off and dollar gains as latest sign of hot economy cools hopes of interest rate ...
ft.com/content/c2879370-192c-438b-ba01-7a99788f459a
Kia UK hosts dealers at its new Kia Academy in Derby: Kia UK hosted an event at its new Kia Academy in Derby on 16 April which saw dealers including Acorn Motor ...
motortrader.com/motor-trader-news/automotive-news/kia-uk-dealers-reflect-equity-diversity-inclusion-18-04-2024
US retail sales beat expectations, boost first-quarter growth estimates: U.S. retail sales increased more than expected in March amid a surge in receipts at ...
reuters.com/markets/us/us-retail-sales-beat-expectations-march-2024-04-15/
Commentary: Bought the wrong trousers? More retailers don't want you to return them
channelnewsasia.com/commentary/us-online-retail-return-policy-refund-waste-transport-4285776
UK retail sales stagnate despite easing inflation: British retail sales stagnated in March despite high inflation easing recently, representing the first time ...
reuters.com/world/uk/uk-retail-stagnated-again-march-ons-says-2024-04-19/
Westfield operator to waive a week's rent for tenants after attack: Normal trade will resume tomorrow, while doors will open for a "day of reflection" ...
9news.com.au/national/bondi-stabbing-spree-westfield-to-reopen-day-of-reflection/2162ffa5-cb3f-4ca5-8323-af44aac02dd9
Thailand's Central buys German luxury retail property KaDeWe
reuters.com/markets/deals/thailands-central-group-buys-kadewe-property-say-industry-sources-2024-04-12/
TJ Maxx applicant in disbelief after learning of $12 minimum wage: 'Not taking that f--king job'
nypost.com/2024/04/16/lifestyle/job-applicant-refuses-tj-maxx-post-after-learning-of-12-an-hour-pay-not-taking-that-f-king-job/
China GDP rises 5.3%, but it doesn't mean the economic pain is over: March retail sales and industrial output fell short of forecasts. First-quarter new home ...
businessinsider.com/china-economy-first-quarter-gdp-growth-but-pain-not-over-2024-4
Dollar rises to 5-month high, puts heat on yen; GDP data boosts yuan
reuters.com/markets/currencies/dollar-firms-after-hot-retail-sales-yen-languishes-china-data-awaited-2024-04-16/
Hedin hits the acquisition trail in Europe: Hedin Mobility, the Swedish company headed by Anders Hedin (pictured), has expanded again with the purchase through a ...
motortrader.com/motor-trader-news/automotive-news/hedin-hits-acquisition-trail-europe-19-04-2024
Tesco accused of undercutting local shops via its wholesale business: Independent shopkeepers say prices they pay at supermarket’s cash-and-carry arm Booker are ...
theguardian.com/business/2024/apr/22/tesco-accused-of-undercutting-local-shops-via-its-wholesale-business
WhoCanFixMyCar appoints new hires to senior leadership team: WhoCanFixMyCar has appointed two new hires to its Senior Leadership team. Craig Livings joins as ...
motortrader.com/motor-trader-news/automotive-news/whocanfixmycar-appoints-new-hires-senior-leadership-team-18-04-2024
Retail warns of ghost towns: 5000 store closures threatened in 2025 alone: It's not just the Galeria insolvency that is increasing uncertainty in the retail ...
n-tv.de/wirtschaft/5000-Geschaeftsschliessungen-drohen-allein-2025-article24895286.html
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
Evercore consumer dealmaker Taetle is leaving the bank, sources say: Adam Taetle, a senior managing director at Evercore who advised on several transactions in ...
reuters.com/business/finance/evercore-consumer-dealmaker-taetle-is-leaving-bank-sources-say-2024-04-19/
CVS pharmacy workers move to unionize: Workers at several locations are looking to join a union that launched in the aftermath of nationwide walkouts last year.
axios.com/2024/04/17/cvs-pharmacy-union
Peter Waddell to 'take big fight with Freshstream to High Court': Peter Waddell, founder of Big Motoring World has vowed to take legal action against ...
motortrader.com/motor-trader-news/automotive-news/peter-waddell-take-big-fight-freshstream-high-court-15-04-2024
British retail sales stagnate as shoppers cut back on groceries: Economists had expected 0.3% growth in March
ft.com/content/d9995f34-4f7e-4ed1-a157-19ed9601d41a
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Supermarket of the Year 2024 - Nominees in the category chain stores up to 3,000 sqm
lebensmittelpraxis.de/zentrale-management/39883-supermarkt-des-jahres-2024-nominierte-in-der-kategorie-filialisten-bis-3-000-qm.html
A Day in the Life of a Walmart Manager Who Makes $240,000 a Year: Nichole Hart walks 20,000 steps as she searches for super glue, encounters a disappointed Snoop ...
wsj.com/business/retail/a-day-in-the-life-of-a-walmart-manager-who-makes-240-000-a-year-3248037f
Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy regulators
denverpost.com/2024/04/22/kroger-albertsons-merger-sell-more-stores/
Volvo Cars core operating profits rise in first quarter on higher retail sales: Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter ...
cnbc.com/2024/04/24/volvo-cars-core-operating-profits-rise-in-first-quarter-on-higher-retail-sales.html
FTSE 100 Set to Resume Rise Closer to Record
bloomberg.com/news/live-blog/2024-04-09/ftse-100-what-s-moving-uk-markets-right-now-markets-today
Star Tribune adds Kavita Kumar, Melissa Wind to news organization's leadership: Kumar is the news organization's new community engagement director ...
startribune.com/star-tribune-adds-kavita-kumar-melissa-wind-to-news-organizations-leadership/600361574/
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
L.L.Bean announces layoffs, reduced call center hours due to online shopping surge
nypost.com/2024/04/17/business/ll-bean-announces-layoffs-reduced-call-center-hours/
Dollar Tree hiking prices as high as $7, but some Long Island customers say they'll stay loyal
newsday.com/business/dollar-tree-raising-prices-7-family-dollar-a634a4cx
Home Bargains to open new site in Colchester at old B&Q site: Popular store Home Bargains is preparing to launch what will be its biggest site in Colchester ...
gazette-news.co.uk/news/24269913.home-bargains-open-new-site-colchester-old-b-q-site/
Markets round-up: Escalating Middle East tensions deepen weekly slump: Global markets are poised for a third consecutive weekly decline as tensions rise in the ...
euronews.com/business/2024/04/19/markets-round-up-escalating-middle-east-tensions-deepen-weekly-slump
Apple Store Employees in New Jersey File to Unionize: Apple employees at the Apple Store in Short Hills, New Jersey have petitioned to unionize ...
macrumors.com/2024/04/10/apple-store-new-jersey-union-filing/
As Eid approaches, beware of rise in cyberattacks - News | Khaleej Times: GCC witnesses major rise in attacks as experts advise on protection options
khaleejtimes.com/business/tech/as-eid-approaches-beware-of-rise-in-cyberattacks
Stores closing include Family Dollar, Express, and Macy's in 2024: Family Dollar plans to close at least 600 locations in 2024, and eight other retail chains are ...
businessinsider.com/stores-closing-in-2024-list
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Workers at California cannabis-delivery service threaten ‘unprecedented’ strike: After Eaze workers unionized with United Food and Commercial Workers ...
theguardian.com/society/2024/apr/15/cannabis-delivery-strike-california-eaze
From Cubicle to Corporate Icon, Costco Finance Chief Ends 40-Year Run: Richard Galanti has stepped down as CFO after nearly four decades in the role ...
wsj.com/articles/from-cubicle-to-corporate-icon-costco-finance-chief-ends-40-year-run-52e986d1
Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers
abcnews.go.com/Business/walmart-us-ceo-talks-inflation-checkout-paying-figures/story
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
The Best Mattress Toppers: After 300 hours sleeping on 17 models, we’ve chosen four memory-foam, latex, and fiber-filled mattress toppers ...
nytimes.com/wirecutter/reviews/best-mattress-toppers/
‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink: Small brewers are being squeezed, with a flurry of insolvencies hitting the sector ...
theguardian.com/business/2024/apr/08/uk-craft-beer-sector-financial-hurdles
She cleaned Phoenix mayors' offices for a decade. Then she was fired over her uniform
azcentral.com/story/news/local/phoenix/2024/04/14/phoenix-city-hall-custodian-claims-firing-retaliation-for-unionizing-efforts/73261608007/
Dollar stores are shutting down across America. They did this to themselves: These are tough times for two big US dollar store chains. In the past month ...
cnn.com/2024/04/11/business/family-dollar-99-cents-only-closing/
Retail sales jumped 0.7% in March, much higher than expected: Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus ...
cnbc.com/2024/04/15/retail-sales-jumped-0point7percent-in-march-much-higher-than-expected.html
Is the $139 Amazon Prime Subscription Still Worth It?: Over the past half decade, fees have crept up—while perks have gone away.
wsj.com/tech/personal-tech/is-the-139-amazon-prime-subscription-still-worth-it-83a597c7
Is the US banning TikTok? Your key questions answered: A measure to outlaw TikTok is on its way to President Biden for his signature. So what does this mean for ...
richmond.com/news/nation-world/government-politics/tiktok-ban-congress-things-to-know/article_9b487ab0-428c-549e-af91-97e841e96f09.html
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Washington U. unable to ‘conclusively determine’ racial slurs used in dining hall incident
stltoday.com/news/local/education/washington-u-unable-to-conclusively-determine-racial-slurs-used-in-dining-hall-incident/article_37e8f304-fd18-11ee-bf2b-bbdfb9c898fe.html
Iceland's new Food Warehouse to give away loads of free food: The new Food Warehouse store will be opening on the retail park
kentlive.news/news/kent-news/icelands-new-food-warehouse-ashford-9215050
Comment on Galeria: Watch out, seller is coming: Attention, salesman coming: Thomas Middelhoff, Nicolas Berggruen, René Benko and now the new investors at ...
sueddeutsche.de/wirtschaft/galeria-einzelhandel-benko-1.6544781
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Unionized cannabis workers picket Phoenix dispensary on 4/20 after contract negotiations stall
azcentral.com/story/news/local/phoenix/2024/04/21/cannabis-workers-picket-phoenix-dispensary-after-negotiations-stall/73399366007/
Tyson gave immigrants, refugees footing in US. Where will they go when Perry plant closes?
desmoinesregister.com/story/money/business/2024/04/15/immigrant-workers-face-unique-challenges-when-perry-tyson-foods-plant-iowa-closes/73095837007/
Eaze cannabis delivery drivers threaten strike ahead of 420: California cannabis delivery drivers and workers at Eaze/Stachs say contract negotiations have ...
latimes.com/business/story/2024-04-11/eaze-cannabis-delivery-drivers-threaten-strike-ahead-of-annual-pot-holiday
How to claim the $500 Walmart might owe you: Walmart resolved allegations of overcharging customers in a $45 million settlement that could mean payouts up to ...
businessinsider.com/how-to-claim-the-500-walmart-might-owe-you-2024-4
Disappointing Q1 for retail: Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.
ekathimerini.com/economy/1235662/disappointing-q1-for-retail/
Two bidders in talks to buy German retail giant Galeria: The insolvency manager of German department store giant Galeria Karstadt Kaufhof said on Tuesday it will ...
reuters.com/markets/deals/two-bidders-talks-buy-german-retail-giant-galeria-2024-03-26/
Quick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars
- Julio Cervantes survived bridge collapse, others missing or dead
- Construction workers were in their cars when ship hit bridge
- Two bodies found, four missing, presumed dead
- President Biden promises bridge reconstruction
Ex-Minnesota Gov. Jesse Ventura says he will sell cannabis edibles: Former Minnesota Gov. Jesse Ventura has announced he is entering the cannabis market as a ...
apnews.com/article/jesse-ventura-minnesota-cannabis-marijuana-edibles-19f23b681f71e8962a126854de7d7911
Amazon to Remove ‘Just Walk Out’ Checkout Technology at U.S. Grocery Stores: The system uses cameras and sensors to charge customers after they leave stores.
wsj.com/business/retail/amazon-to-remove-just-walk-out-checkout-technology-at-u-s-grocery-stores-10869555
99 Cents Only Stores to close all 371 spots in 'extremely difficult decision,' CEO says
usatoday.com/story/money/retail/2024/04/04/99-cents-only-stores-closing-all-locations/73212030007/
Quick Glance: 99 Cents Only to Close All 371 Stores and Cease Longstanding Business
- After more than four decades, 99 Cents Only will close all 371 of its stores and cease its business operations.
- The decision was made due to various challenges, including the COVID-19 pandemic, shifting consumer demand, inflationary pressures, and increasing levels of shrinkage.
- The closure of 99 Cents Only reflects a broader weakness in the dollar-store category, with other major retailers also announcing store closures.
- Established in 1982 in Los Angeles, 99 Cents Only was a trailblazer in single-price retail and faced pressure from rising wages and competition from larger chains.
Dollar Tree to increase max price in stores to $7, reports higher income shoppers
usatoday.com/story/money/retail/2024/03/25/dollar-tree-7-dollars-price-increase/73099172007/
On National Beer Day 2024, the US is drinking more Modelo than Bud Light as NA brews rise
usatoday.com/story/money/2024/04/06/national-beer-day-2024-history-facts-sales/73225409007/
S.Korea Feb factory output rises most in six months, retail sales drop: South Korea's factory production rose in February by the fastest pace in six months ...
reuters.com/markets/asia/skorea-feb-factory-output-rises-most-six-months-retail-sales-drop-2024-03-28/
Home Depot is buying a roofing company for $18 billion — its biggest deal ever: The retailer says its total addressable market is now about $1 trillion
qz.com/home-depot-is-buying-a-roofing-company-1851371426
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Trump Gets Into the Meme-Stock Business: How the ex-president’s social-media platform became the new Bed Bath & Beyond
theatlantic.com/politics/archive/2024/03/trump-gets-meme-stock-business/677895/
Quick Glance: Trump's Truth Social Stock Surges Despite Company Losses
- Shares of Donald Trump's social media platform Truth Social have seen a significant increase in their first days of trading.
- Despite the company's lack of profit and meager quarterly revenue, it has been valued at over $8 billion.
- Experts suggest that the stock surge is driven more by Trump's political supporters than financial fundamentals.
- While the future of Truth Social remains uncertain in the competitive social media industry, it may serve as a platform for Trump's future media ventures.
Ocado Retail sales rise as sharper prices win more customers: British online supermarket Ocado Retail said a focus on sharper prices helped it win more customers ...
reuters.com/business/retail-consumer/ocado-retail-quarterly-sales-up-106-it-wins-more-customers-2024-03-26/
German retail sales fall unexpectedly in February: German retail sales unexpectedly fell in February, data showed on Thursday, quashing hopes that private ...
reuters.com/markets/europe/german-retail-sales-fall-unexpectedly-february-2024-03-28/
Shein’s fast fashion comes with fast-finance risks: For a sign of how the internet has changed the way consumers shop for clothes, consider the “Shein haul ...
reuters.com/breakingviews/sheins-fast-fashion-comes-with-fast-finance-risks-2024-03-28/
Pentagon integrates Motus Commercials to streamline operations: Pentagon Motor Group has taken on the LCV business of Motus Commercials, in order to strengthen ...
motortrader.com/motor-trader-news/automotive-news/pentagon-integrates-motus-commercials-streamline-operations-27-03-2024
Podcast - Why cheese counters are far from obsolete - with Christian Pontow from Beemster
lebensmittelpraxis.de/zentrale-management/39794-podcast-warum-kaesebedientheken-noch-lange-nicht-ausgedient-haben-mit-christian-pontow-von-beemster.html
Stratstone opens sales unit for Genesis in Leeds: Stratstone has started sales operations of Genesis cars in Leeds. The move was flagged up earlier this year ...
motortrader.com/motor-trader-news/automotive-news/stratstone-opens-sales-unit-genesis-leeds-02-04-2024
UK retail sales show no change in February - ONS: British retail sales unexpectedly held steady in February after rising by a revised 3.6% January ...
reuters.com/world/uk/uk-retail-sales-stagnated-february-ons-2024-03-22/
5 ways McDonald's, Walmart, and other retailers are getting creative to reach consumers
qz.com/mcdonalds-walmart-target-walgreens-cvs-ikea-retail-1851345727
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Walgreens beat Wall Street's earnings expectations but warned of a 'challenging retail environment'
qz.com/walgreens-earnings-stock-profit-retail-1851371026
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Big brands could pivot easily if TikTok goes away. For many small businesses, it's another story
omaha.com/news/nation-world/business/tiktok-future-business-owners/article_fbaad095-c0c2-5256-ab64-aed3f5804bd4.html
RMG export to US down 19% in January-February: Garment exports to the US declined 19.24% to $1.18 billion in January and February
thedailystar.net/business/news/rmg-export-us-down-19-january-february-3583331
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