#retail-challenges

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fromwww.standard.co.uk
3 days ago

Last independent King's Road shoe shop could shut as Raffles Chelsea eyes basement for expansion

A west London shoe shop owner risks closure due to nightclub expansion plans affecting his stock room.
fromBusiness Matters
3 weeks ago

Mike Ashley's Frasers Group warns of 'dark clouds' ahead amid flat profit forecast

Frasers Group anticipates adjusted pre-tax profits between £550 million and £600 million for the new financial year, reflecting little to no profit growth due to economic uncertainty and potential tax rises.
E-Commerce
#cracker-barrel
more#cracker-barrel
#uk-economy
more#uk-economy
fromFortune
1 month ago

Victoria's Secret hired a superstar CEO to turn around the flagging brand. But a 50% stock drop has activist investors circling

Wireless bras are gaining popularity, especially among millennials as led by Victoria's Secret's new product line.
CEO Hillary Super's leadership is seen as a breath of fresh air amidst the brand's challenges.
Victoria's Secret is under pressure from activist investors for potential board changes.
fromSourcing Journal
1 month ago

In-Store Returns for Online Orders Are Crushing Retailers, Survey Shows

While many retailers see in-store returns as an opportunity for sales, only 17% of consumers actually make additional purchases during these returns.
E-Commerce
fromwww.bbc.com
1 month ago

Mayor to move ahead with Oxford Street traffic ban

"No convincing plan has ever been presented; London is already a very slow city and will get worse." Tim Lord raises concerns about pedestrianisation's impact on traffic flow.
London politics
#rite-aid
fromFast Company
1 month ago
Retirement

Rite Aid store closures update: Latest list for June includes hundreds of doomed locations in 14 states

Rite Aid is closing hundreds of stores due to financial struggles and a recent Chapter 11 bankruptcy filing.
fromBusiness Insider
3 months ago
Healthcare

Rite Aid's 2nd bankruptcy is a grim sign for the struggling retail pharmacy industry

Rite Aid is facing its second bankruptcy in under a year due to severe financial and industry challenges.
fromFast Company
1 month ago
Retirement

Rite Aid store closures update: Latest list for June includes hundreds of doomed locations in 14 states

more#rite-aid
Fundraising
fromArs Technica
2 months ago

American Science & Surplus is fighting for its life. Here's why you should care.

American Science & Surplus faces financial challenges and has started a GoFundMe campaign to survive against retail giants and the impacts of COVID-19.
UK news
fromDatabreaches
3 months ago

Marks & Spencer breach linked to Scattered Spider ransomware attack

Marks & Spencer experienced a ransomware attack by Scattered Spider, leading to significant operational disruptions.
Canada news
fromwww.cbc.ca
3 months ago

Duty-free shops struggle to make ends meet as Canadians steer clear of U.S. | CBC Radio

Duty-free shops in Canada are experiencing significant declines in business due to reduced cross-border travel.
Stores may face layoffs if customer traffic does not improve soon.
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