[ad_1] Booths, which is northern-based, said as soon as it was made aware of the potential issues in 2021 it removed all relevant products from sale and ceased trading with…
Tag: Retailer
Retailer Casino probed over alleged financial manipulation and insider trading
[ad_1] France’s financial prosecutor revealed it has been investigating food retail group Casino for financial manipulation and insider trading that allegedly took place in 2018 and 2019 when the group…
Nordstrom earnings top expectations, retailer says it’s winding down Canada operations
[ad_1] Miami, Florida, Coral Gables Shops at Merrick Park, Nordstrom Department Store with shopper entering. Jeff Greenberg | Universal Images Group | Getty Images Nordstrom on Thursday reported lower sales…
Matchesfashion owner pumps in £60m to keep online retailer in shape
[ad_1] The private equity backer of Matchesfashion, the online upmarket fashion retailer, is pumping tens of millions of pounds of new funding into the business as it seeks a revival…
Luxury retailer LVMH sees Chinese shoppers returning, boosting 2023 sales
[ad_1] Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023.…
Bed Bath and Beyond shares plunge after retailer warns it doesn’t have the cash to pay down debts
[ad_1] Signage is seen through an overturned shopping cart outside a Bed Bath & Beyond Inc. store in Greendale, Wisconsin. Daniel Acker | Bloomberg | Getty Images Bed Bath and…
Online retailer ASOS recruits company doctor to fashion turnaround
[ad_1] ASOS, the online fashion retailer, has drafted in a leading company doctor amid pressure from its lenders about the state of its balance sheet. Sky News has learnt that…
Online car retailer Cazoo consults with staff over site closures
[ad_1] Hundreds of jobs are at risk at online car retailer Cazoo, including 300 in Lincolnshire. [ad_2] Source link
Wayfair stock climbs after online retailer lays off 1,750 workers
[ad_1] Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair‘s stock price jumped 20% Friday after the retail giant said it will let go of roughly 1,750 employees, or 10%…
Nordstrom shares sink after retailer posts weak holiday sales and slashes guidance
[ad_1] Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom fell Thursday, after…