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Bed Bath & Beyond's turnaround is not enough to fix the struggling business, analysts say
cnbc.com/2022/09/01/bed-bath-beyonds-turnaround-is-not-enough-to-fix-the-struggling-business-analysts-say.html
Bed Bath & Beyond's turnaround is not enough to fix the struggling ...
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Raymond James downgrades Bed Bath & Beyond, says turnaround plan 'only kicks the can down the road'
cnbc.com/2022/09/01/raymond-james-downgrades-bed-bath-beyond-says-turnaround-plan-only-kicks-the-can-down-the-road.html
Raymond James downgrades Bed Bath & Beyond, says turnaround plan 'only ...
More articles on this subject
Profile picture of CNBC
Bed Bath & Beyond's turnaround is not enough to fix the struggling business, analysts say
cnbc.com/2022/09/01/bed-bath-beyonds-turnaround-is-not-enough-to-fix-the-struggling-business-analysts-say.html
Bed Bath & Beyond's turnaround is not enough to fix the struggling ...
Profile picture of CNBC
Raymond James downgrades Bed Bath & Beyond, says turnaround plan 'only kicks the can down the road'
cnbc.com/2022/09/01/raymond-james-downgrades-bed-bath-beyond-says-turnaround-plan-only-kicks-the-can-down-the-road.html
Raymond James downgrades Bed Bath & Beyond, says turnaround plan 'only ...
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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
Stores closing include Family Dollar, Express, and Macy's in 2024
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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
Commentary: Bought the wrong trousers? More retailers don't want you to ...
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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
Volvo Cars core operating profits rise in first quarter on higher retail ...
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AI can apparently predict a person's political stance just by reading their face: That's according to a new study authored by researchers at the Graduate School ...
qz.com/ai-political-party-face-recognition-1851433898
AI can apparently predict a person's political stance just by reading ...
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China: Economy outperforms first quarter forecasts: Strong performance in the manufacturing sector as well as new infrastructure projects helped China's ...
dw.com/en/china-economy-outperforms-first-quarter-forecasts/a-68835129
China: Economy outperforms first quarter forecasts
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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
Supermarket of the Year 2024 - The winners have been decided!
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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/
Walgreens embarks on another round of layoffs
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This explorer and conservationist is training citizen scientists to save the planet
weforum.org/agenda/2024/02/citizen-science-data-collection-training/
This explorer and conservationist is training citizen scientists to save ...
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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/
GM and Ford count on gas-powered trucks as EV growth slows
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The strong US economy is being driven by millions of baby boomers: Instead of a recession, the US economy has seen resilient job gains with growth trending at ...
businessinsider.com/us-economy-baby-boomers-are-driving-economic-strength-ed-yardeni-2024-4
The strong US economy is being driven by millions of baby boomers
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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
Westfield operator to waive a week's rent for tenants after attack
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China will remain the world's No. 1 growth driver, says the Asian Development Bank
cnbc.com/2024/04/11/china-will-still-be-the-worlds-top-growth-driver-says-the-adb.html
China will remain the world's No. 1 growth driver, says the Asian ...
Quick Glance: ADB Forecasts Developing Asia Growth at 4.9% in 2024, Risks Persist
  • ADB raised its growth forecast for Developing Asia to 4.9% in 2024, highlighting ongoing challenges like escalating geopolitical tensions.

  • China remains a concern for regional growth due to a prolonged property crisis and other issues.

  • The ADB predicts regional inflation to decrease to 3.0% by 2025.

  • Detailed GDP growth and inflation forecasts for various Asian countries were also provided.
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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
Tesco accused of undercutting local shops via its wholesale business
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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
Retail warns of ghost towns: 5000 store closures threatened in 2025 alone
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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
Nike CEO says focus on its own website and stores went too far as it ...
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.
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China Is Still Rising: Don’t Underestimate the World’s Second-Biggest Economy: Don’t underestimate the world’s second-biggest economy.
foreignaffairs.com/united-states/china-still-rising
China Is Still Rising: Don’t Underestimate the World’s Second-Biggest ...
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Qantas introduces Classic Plus Rewards: Qantas Frequent Flyer members have a new way to redeem their points for seats – but at a higher cost ...
pointhacks.com.au/news/qantas-frequent-flyer-overhaul-classic-plus-rewards-2024/
Qantas introduces Classic Plus Rewards
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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
British retail sales stagnate as shoppers cut back on groceries
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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
A Day in the Life of a Walmart Manager Who Makes $240,000 a Year
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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
Target has launched its new paid membership program as part of Circle Week
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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/
L.L.Bean announces layoffs, reduced call center hours due to online ...
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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
Dollar Tree hiking prices as high as $7, but some Long Island customers ...
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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/
Home Bargains to open new site in Colchester at old B&Q site
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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
How to claim the $500 Walmart might owe you
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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
Markets round-up: Escalating Middle East tensions deepen weekly slump
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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/
Apple Store Employees in New Jersey File to Unionize
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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
As Eid approaches, beware of rise in cyberattacks - News | Khaleej Times
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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
From Cubicle to Corporate Icon, Costco Finance Chief Ends 40-Year Run
Profile picture of Quartz
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
Target has launched its new paid membership program as part of Circle Week
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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/
On National Beer Day 2024, the US is drinking more Modelo than Bud Light ...
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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/
The Best Mattress Toppers
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‘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
‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink
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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/
Dollar stores are shutting down across America. They did this to ...
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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
Retail sales jumped 0.7% in March, much higher than expected
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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 $139 Amazon Prime Subscription Still Worth It?
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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
Is the US banning TikTok? Your key questions answered
Quick Glance: Biden Signs TikTok Ban Bill Into Law, ByteDance Forced to Sell
  • After signaling his intention, President Joe Biden signs the foreign aid package including the TikTok ban bill into law.

  • The U.S. Senate passes a bill forcing ByteDance to sell TikTok or face a ban.

  • ByteDance has nine months to sell TikTok to comply with the law.

  • The U.S. government has been persistent in trying to ban TikTok due to national security concerns.
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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
RMG export to US down 19% in January-February
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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
Iceland's new Food Warehouse to give away loads of free food
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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
Comment on Galeria: Watch out, seller is coming
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China Is Still Rising: Don’t Underestimate the World’s Second-Biggest Economy: Don’t underestimate the world’s second-biggest economy.
foreignaffairs.com/united-states/china-still-rising
China Is Still Rising: Don’t Underestimate the World’s Second-Biggest ...
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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/
Disappointing Q1 for retail
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Corporate profits hit record high as economy boomed in fourth quarter of 2023: Gross domestic product (GDP) and corporate profits both smashed expectations in ...
thehill.com/business/4561631-corporate-hit-record-high-as-economy-boomed-in-fourth-quarter-of-2023/
Corporate profits hit record high as economy boomed in fourth quarter of ...
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Event tip - Come to the Supermarket of the Year 2024 event! (2) - foodpractice.de
dlvr.it/T56KXq
Event tip - Come to the Supermarket of the Year 2024 event! (2) - ...
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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
Amazon to Remove ‘Just Walk Out’ Checkout Technology at U.S ...