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In turn, those retailers then must sell the items at a higher cost to make up that price difference. As a result of Trump’s promise to bring high tariffs back with his incoming administration ...
Laura Ashley has been acquired by Marquee Brands from Gordon Brothers. Following the purchase, the legacy home, fashion and lifestyle brand will be integrated into Marquee... View Article ...
Almost 170,000 retail workers lost their jobs this year after the collapse of major high street chains, according to data. It is the highest since more than 200,000 jobs in the sector were lost in ...
Mitch Modell, the former CEO of the famed New York sporting goods chain that went belly-up four years ago, wants to buy bankrupt retailers Party City and Big Lots. Modell — whose family-run ...
In yet another sign of the crisis on the High Street, insolvency specialist Begbies Traynor said 2,124 retailers were in 'critical financial distress', up 25pc on the previous quarter, according ...
Those shifts changed the buying and eating landscape in 2024. As of Dec. 20, Coresight Research tracked 48 retail bankruptcies in the U.S., compared with 25 during the same period a year ago. And at ...
BOULDER, Colo. (BRAIN) — Trek Bicycle's leaked news about "right-sizing" in March, and Kona Bicycles' sudden "pause" at the Sea Otter Classic, followed by the brand's rebirth with its founders, were ...
Shoe Zone blames Rachel Reeves’s tax rises and increase to minimum wage for cutbacks ...