Saturday , 8 February 2025
Home retail industry

retail industry

Media

Walgreens Surges 27% as Cost-Cutting Measures and Strong Q1 Performance Signal Turnaround

In a remarkable turnaround for the pharmacy retail giant, Walgreens Boots Alliance shares skyrocketed 27% following the announcement of better-than-expected first-quarter earnings for...

Media

UK Retail Sector Faces Perfect Storm as £7bn Cost Surge and Consumer Confidence Plummet in 2025

The British retail sector is grappling with unprecedented challenges as it enters 2025, facing a projected £7 billion surge in operational costs amid...

Media

Retail Giant Asda Launches Major Cost-Cutting Drive Following Christmas Sales Slump

In a significant move to address declining performance, Asda, one of Britain’s largest supermarket chains, has initiated sweeping cost-cutting measures following a disappointing...

Media

Kohl’s Announces Closure of 27 Stores Nationwide Amid Retail Industry Challenges

The retail landscape continues to evolve as Kohl’s announced the closure of 27 “underperforming” stores across 15 states by April 2025, representing less...

Media

Walgreens Stock Surges 14% on Strong Q1 Results and Turnaround Strategy

Walgreens Boots Alliance (WBA) shares jumped more than 14% to $10.58 on Friday after the pharmacy retail giant reported better-than-expected first-quarter results for...

Media

Macy’s Announces Closure of 66 Stores Nationwide in Major Restructuring Move

In a significant strategic shift, Macy’s has confirmed the closure of 66 stores across the United States as part of its “Bold New...

Billionairesworld's billionaires

Chandru Raheja: A Visionary in Real Estate and Business

Chandru Raheja is a renowned Indian businessman and a prominent figure in the world of real estate development. Born into a family with...

Media

Joann Fabrics Announces Six Store Closures Amid Post-Bankruptcy Restructuring

The fabric and craft retail giant Joann is starting 2025 with the closure of six stores across multiple states, marking a significant development...

Media

Liquidity Services Announces Q1 FY2025 Earnings Call Amid Strong Market Performance and Industry Evolution

In a significant announcement, Liquidity Services (NASDAQ:LQDT) has scheduled its first quarter fiscal year 2025 earnings conference call for February 6, 2025, before...

Billionairesworld's billionaires

Dhanin Chearavanont: The Visionary Architect of Thailand’s Business Empire | Richest in Thailand

Dhanin Chearavanont is one of Asia’s most celebrated business leaders, revered for his entrepreneurial acumen and his transformative leadership of Charoen Pokphand Group...