#retail-challenges

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Healthcare
fromBusiness Insider
3 weeks ago

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.
fromDatabreaches
1 month ago

Marks & Spencer breach linked to Scattered Spider ransomware attack

The ongoing outages at Marks & Spencer are attributed to a ransomware attack by the group Scattered Spider, disrupting its operations significantly.
UK news
fromwww.cbc.ca
1 month ago

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

If we have nobody that travels in the U.S., we have no customers. Sales at duty-free stores have fallen between 40 and 50 per cent across the country since late January.
Canada news
fromLondon Business News | Londonlovesbusiness.com
1 month ago

High street sales flatline as retail sector faces challenging April - London Business News | Londonlovesbusiness.com

"Investing in technology to help reduce operational expenditure and mitigate increases in their cost base has never been more important. Optimising their store estate and focusing on having the right product lines in place will be vital."
London startup
NYC startup
fromBusiness Insider
2 months ago

Pulse check: 6 months of Brian Niccol's 'Back to Starbucks' plan

Brian Niccol is implementing a turnaround strategy at Starbucks, focusing on enhancing customer experience and addressing operational challenges.
fromBikeMag
3 months ago

Bike Shop Owner Vents Frustrations While Riding in Utah

It has been a brutal couple of years to own a bicycle shop... the industry we operate in seems to be doing whatever it can to kill the smaller independent bike retailers.
Bicycling
fromPadailypost
5 months ago

West Elm, a large store downtown, is closing

"The closure of West Elm creates one of the largest vacancies in downtown Palo Alto, raising concerns about the revitalization of the area amidst ongoing challenges."
Miscellaneous
Miscellaneous
fromBusiness Insider
7 months ago

It's the first day for Nike's new CEO. He has a long road ahead.

Elliott Hill begins as Nike's CEO amidst declining sales, emphasizing innovation to address challenges and reduce reliance on retro products.
fromFast Company
7 months ago

'Please don't': Jenna Ortega is asking TikTokers to stop messing with Wednesday Addams dolls

Jenna Ortega expressed her concern over a TikTok trend where fans flip the hair of a plush doll of her character Wednesday Addams, stating, "Please don't."
Marketing
Arts
fromwww.npr.org
8 months ago

Step inside this legendary shop full of handmade costumes while you still can

Ursula Boschet's legendary costume shop in Los Angeles is closing due to online competition, high costs, and her desire to retire.
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