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  • Articles Tagged with "Retail"

    Una nueva oleada de cierres comerciales sacude al centro de Bilbao | El Correo

    elcorreo.com Business Spain

    A wave of business closures is hitting Bilbao's city center, impacting both local and international brands due to decreased consumer spending, online competition, and high rents.

    Dollarama to accelerate new store openings in Canada, boosts dividend - The Globe and Mail

    theglobeandmail.com Business Canada

    Dollarama plans to accelerate its Canadian store openings, driven by increased demand for discount products amidst economic uncertainty, and has also announced a dividend increase.

    Kenyan University Students' Invention Set to Transform Africa

    thekenyatimes.com Technology Kenya

    A Kenyan university student's invention, M-KIONDO CHAPCHAP, a smart self-checkout system, aims to revolutionize the African retail sector by addressing the challenges of long queues and inefficient shopping experiences.

    Trump tariffs Day 2 live updates: Layoffs, price hikes tank markets

    cnbc.com Economics World

    President Trump's new tariffs are causing widespread market disruption, impacting retail stocks, auto production, and hotel construction, while the administration defends its approach.

    Falabella Retail se redefine: “La idea de multitienda está súper desafiada, vamos a ser un multiespecialista” | Diario Financiero

    df.cl Retail Chile

    Falabella Retail is redefining its strategy, shifting from a multi-store model to a multi-specialist omnichannel approach focused on key product categories.

    Dino Polska S.A. wybuduje nowe, wielkie centrum dystrybucyjne - investmap.pl

    investmap.pl Business Poland

    Dino Polska S.A., Poland's largest supermarket chain, plans to build a new, large distribution center in the eastern part of Silesian Voivodeship.

    Fred Trajano do Magalu: juro alto leva à quebra do varejo - 14/04/2025 - Mercado - Folha

    www1.folha.uol.com.br Business Brazil

    This article profiles Frederico Trajano, CEO of Magazine Luiza, detailing his strategic moves to transform the company into a digital conglomerate and mitigate the impact of high interest rates on its profitability.

    How Irish booksellers feel about the arrival of Amazon.ie: ‘It’s a very real danger to the industry’ – The Irish Times

    irishtimes.com Business Ireland

    The launch of Amazon.ie sparks concern among Irish booksellers, who fear the impact of the retail giant on their businesses and the wider literary culture.

    Deal for Mountain Equipment Co. under review by Competition Bureau - The Globe and Mail

    theglobeandmail.com Business Canada

    The Competition Bureau of Canada is reviewing a potential acquisition of Mountain Equipment Co-op's struggling retail operations by TGI Holding Inc., raising questions about the future of the Canadian outdoor retailer.

    Farmácias têm recorde de empregos gerados | Exame

    exame.com Business Brazil

    Brazilian pharmacies have seen record job growth in 2021, exceeding 7,000 new positions and reflecting a significant increase in sales and healthcare services.

    Troubled Sunrise Mall not renewing tenants' leases - Newsday

    newsday.com Business New York

    Sunrise Mall in Massapequa, New York, is facing redevelopment, leading to the non-renewal of tenants' leases and uncertainty about the mall's future.

    Target rolled back DEI efforts. A boycott ensued – and traffic dropped | CNN Business

    cnn.com Business United States

    Target's rollback of DEI initiatives sparked a consumer boycott, leading to a significant drop in store traffic and highlighting the risks of corporations shifting away from diversity programs.

    Astonish rolls out 13-strong range of household cleaning products | News | The Grocer

    thegrocer.co.uk Business UK

    Astonish, a fast-growing homecare brand, has expanded its product line with thirteen new household cleaning items, including air fryer cleaner, fabric refresher, and toilet gel, now available in major UK retailers.

    Mountain Equipment Co. finds buyer with textile executive set to gain control - The Globe and Mail

    theglobeandmail.com Business Canada

    Tim Gu, a textile executive and real estate investor, is set to acquire a majority stake in the struggling outdoor retailer, Mountain Equipment Co-op (MEC), marking a significant change for the Canadian company.

    Attest: Consumer spending on clothing declines over six months

    fashionunited.uk Economics UK

    A recent Attest survey reveals a decline in UK consumer spending on clothing, shoes, and accessories over the past six months, potentially linked to financial uncertainty.

    Matalan secures 25 million pounds funding to boost transformation

    fashionunited.uk Business UK

    Matalan, a UK fashion and homeware retailer, received £25 million in funding to enhance its stores, supply chain, and e-commerce platform.

    Asos reports profitability turnaround in H1 2025

    fashionunited.uk Finance UK

    Asos, a UK-based online fashion retailer, reported a significant profitability turnaround in the first half of fiscal year 2025, driven by a new commercial model and cost management.

    Legal Island | Deductions from Pay for Cash/Till Shortages

    legal-island.com Law Ireland

    This legal advice discusses whether employers can deduct money from employee wages for cash shortages, clarifying that such deductions are generally unlawful unless explicitly agreed upon in writing beforehand.

    Starbucks Announces It Will Close 600 Stores - The New York Times

    nytimes.com Business United States

    Starbucks announced it will close 600 underperforming US stores and lay off over 12,000 employees due to a challenging economic climate.

    Coffee culture: Starbucks starts to get grip on Australian market

    smh.com.au Business Australia

    Starbucks, after a previous failed attempt, is experiencing renewed success in the Australian coffee market by adapting its strategy to target diverse demographics and leverage convenience.

    Dr Will's salad dressings hit Tesco as brand targets growth | The Grocer

    thegrocer.co.uk Business UK

    Dr. Will's, a table sauce startup, is launching two new salad dressings in Tesco, aiming for profitability within the next year.

    Las tendencias de compra y lo que viene para el negocio de los supermercados en Chile, según Cencosud, Unimarc y Falabella | Diario Financiero

    df.cl Business Chile

    Chilean supermarket giants like Cencosud, Unimarc, and Falabella are adapting to evolving consumer trends and incorporating AI to improve margins and enhance customer experience.

    Les librairies de manga vouées à disparaître ? À Foix, la librairie spécialisée L’Imaginarium nage à contre-courant - ladepeche.fr

    ladepeche.fr Business France

    Despite a reported decline in manga sales, a small bookstore in Foix, France, is thriving by avoiding reliance on government aid and fostering a welcoming atmosphere for families.

    John Lewis, Decathlon and Tapestry join Ellen MacArthur’s Fashion ReModel project

    fashionunited.ca Fashion World

    Several major fashion brands, including John Lewis, Decathlon, and Tapestry, have joined the Ellen MacArthur Foundation's Fashion ReModel project to promote circular business models in the fashion industry.

    Kohl’s just fired its brand new CEO for unethical behavior | CNN Business

    cnn.com Business World

    Kohl's recently fired its newly appointed CEO, Ashley Buchanan, for engaging in unethical behavior involving undisclosed conflicts of interest, causing a significant shake-up within the struggling retail company.

    New Georgetown brewery and boutique part of larger trend

    postandcourier.com Business South Carolina

    Several businesses are expanding into Georgetown, South Carolina, reflecting a growing trend of entrepreneurs establishing new locations in the town.

    Dia do Consumidor cresce e ganha status de Black Friday - 14/03/2025 - Mercado - Folha

    www1.folha.uol.com.br Business Brazil

    Brazil's Consumer Day is gaining traction as a major retail event, rivaling Black Friday in sales for some companies, with various e-commerce giants employing diverse promotional strategies.

    Co-op boss vows to ‘protect trans people to the end’

    telegraph.co.uk Business UK

    The Co-op's CEO pledges unwavering support for transgender employees amidst a Supreme Court ruling on gender and a recent cyberattack.

    Amid traffic decline and boycotts, Target CEO addresses 'silence' from leadership - Bring Me The News

    bringmethenews.com Business United States

    Target CEO Brian Cornell addressed employee concerns regarding recent leadership silence amidst declining traffic, boycotts, and the company's decision to drop diversity and equity initiatives.

    Los despidos en Alcampo afectarán a 43 de sus 77 tiendas en Castilla y León | El Norte de Castilla

    elnortedecastilla.es Business Spain

    Alcampo, a Spanish supermarket chain, is implementing a restructuring plan involving job cuts and store closures across Spain, with Castilla y León being the most affected region.

    How Costco Hacked the American Shopping Psyche - The New York Times

    nytimes.com Business USA

    Costco's success, exemplified by its Anchorage location, stems from its understanding of consumer needs and the strategic provision of bulk items and unique products, creating a loyal customer base.

    Morrisons adds 300 retailers in More Card partners scheme | News | The Grocer

    thegrocer.co.uk Business UK

    Morrisons expands its More Card loyalty program by partnering with over 300 retailers, allowing customers to earn points on purchases beyond their grocery shopping.

    How Orchids Became King - WSJ

    wsj.com Horticulture America

    Orchids, once a luxury item, are now America's top-selling potted plant, readily available and affordable.

    Home Depot plans to keep prices stable in the face of tariffs, bucking competitors | CNN Business

    cnn.com Business World

    Home Depot plans to absorb most tariff-related costs, unlike competitors who are raising prices, in a gamble to gain market share despite weakened consumer sentiment.

    ¿Cómo está KM40, el mall de la ‘Foquita’ Farfán, atrayendo más marcas y visitantes? | ECONOMIA | GESTIÓN

    gestion.pe Business Peru

    KM40 mall, owned by Jefferson Farfán, is attracting more brands and visitors, with strategies focused on year-round appeal and community engagement.

    Einzelhandel in Burg: Fahrradladen in der Innenstadt gibt auf

    volksstimme.de Business Germany

    A bicycle shop in Burg, Germany, is closing due to the challenges posed by large retail chains and online competition.

    Target’s problems are escalating | CNN Business

    cnn.com Business United States

    Target is facing declining sales due to a customer boycott following its reversal on DEI programs and increased costs from tariffs.

    O que muda na prática com nova regra de funcionamento do comércio aos domingos e feriados | GZH

    gauchazh.clicrbs.com.br Labor Brazil

    New Brazilian labor regulations regarding Sunday and holiday work will require collective bargaining agreements, shifting from individual agreements and potentially impacting smaller businesses.

    Peter Stevens Motorcycles goes under, leaving 400 jobs in limbo

    afr.com Business Australia

    Peter Stevens Motorcycles, a major Australian motorcycle retailer, has entered administration, jeopardizing 400 jobs due to weak consumer demand.

    Grupo Cencosud crea nuevo brazo de negocios e incorporará parques automotrices en sus centros comerciales | Diario Financiero

    df.cl Business Chile

    Cencosud's Cenco Malls is launching "Auto City," a new initiative incorporating automotive parks into its shopping centers to increase profitability and enhance customer experience.

    Another famous global grocery chain closing more stores forever | Myrtle Beach Sun News

    myrtlebeachonline.com Business UK

    Iceland, a popular frozen food grocery chain, is closing more stores due to a restructuring program focused on improving performance and expanding its large-format stores.

    So what happens to America’s 114 billion pennies once the US stops making them? | CNN Business

    cnn.com Finance USA

    The US will soon stop making pennies, but the existing 114 billion in circulation will remain legal tender, leading to a gradual shift in cash transactions toward nickel rounding.

    Can Stuffy Riders revive sleepy malls? One entrepreneur is making it happen - The Globe and Mail

    theglobeandmail.com Business Canada

    Stuffy Riders, a company offering plush, rideable animals in malls, is proving to be a successful and innovative way to revitalize struggling shopping centers.

    Bankrupt retail chain closing over 150 more store locations | Myrtle Beach Sun News

    myrtlebeachonline.com Business World

    Bankrupt drugstore chain Rite Aid is closing over 150 more stores, adding to previously announced closures and bringing the total to over 360.

    Monarch Money | Retail purchase sync - Chrome Web Store

    chromewebstore.google.com Finance World

    This Chrome extension enhances the Monarch app by automatically categorizing online purchases from retailers like Amazon, improving budget management and reducing manual data entry.

    Car Fantasy - Auto Tuning, Styling, Velgen en Car Audio

    carfantasy.nl Automotive Netherlands

    Car Fantasy, a Dutch company specializing in exclusive auto parts and premium wheels, boasts over 20 years of experience and ships globally.

    Popular local Trader Joe’s rival suddenly closing after 40 years | Myrtle Beach Sun News

    myrtlebeachonline.com Business World

    Robert's Food Center, a popular local grocery store, is closing after 40 years due to a lease dispute and rising operational costs, highlighting the challenges faced by smaller retailers in a competitive market.

    Tariffs will cost Gap up to $150 million | CNN Business

    cnn.com Business World

    Gap Inc. projects tariffs could cost the company between $100 and $150 million this year, despite showing signs of recovery.

    Lululemon Opening Men's Stores - Business Insider

    businessinsider.com Business World

    Lululemon plans to open standalone men's stores by 2016, but faces challenges in adapting its brand image and marketing to appeal to a male audience.

    El dispar momento de las tarjetas del retail en manos de la banca - La Tercera

    latercera.com Finance Chile

    The performance of retail credit cards in Chilean banks shows contrasting results, with one joint venture reporting significant losses due to increased loan defaults, while another demonstrates a recovery.

    Stop bombarding, start connecting – a retail email intervention - Inside Retail Australia

    insideretail.com.au Marketing Australia

    Retailers should shift from frequent, low-quality emails to a less-is-more approach prioritizing quality content and customer engagement to improve brand perception and drive conversions.

    Amazon Freezes Hiring Budget for Its Big Retail Business This Year - Business Insider

    businessinsider.com Business World

    Amazon's retail division is freezing its hiring budget for 2025, prioritizing cost efficiency and aligning with CEO Andy Jassy's overall strategy of increased profitability.

    Why NYC Bigwigs Invest In Hamptons Commercial and Retail

    therealdeal.com RealEstate New York

    New York City real estate moguls are increasingly investing in Hamptons commercial and retail properties, driven by both financial opportunities and personal connections to the area.

    A B.C. billionaire bought up Hudson’s Bay leases. Her plans to rename them New Bay comes with legal risk - The Globe and Mail

    theglobeandmail.com Business Canada

    A B.C. billionaire's plan to open "New Bay" department stores in former Hudson's Bay locations faces legal challenges due to potential trademark infringement.

    Juan Pepa y Morenés Botín entran en la otra firma de 'e-commerce' de Dimas Gimeno

    elconfidencial.com Business Spain

    Prominent Spanish investors Juan Pepa and Felipe Morenés Botín have joined forces with Dimas Gimeno and Roberto Centeno in Caletay, a company supporting Amazon sellers.

    Benchmark Pawns Off East Hampton Prada Spot for $10M

    therealdeal.com RealEstate New York

    A Prada store's East Hampton location was sold for $10.25 million, marking a significant Hamptons retail transaction.