Advance Auto Parts to Close Over 700 Stores Amid Financial Restructuring Business 14 November 2024 Advance Auto Parts is poised for change. With over 700 store closures announced, the company is undergoing a significant restructuring…
VF Corporation Reports 6% Revenue Decline in Q2 Retail 8 November 2024 VF Corporation experienced a 6% decline in revenues for the second quarter of 2024, amounting to $2.8 billion (£2.1 billion).Sales…
Asda’s Strategic Shift Job Reductions and Office Attendance Mandates Business 7 November 2024 Asda has announced pivotal changes to its workforce strategy, impacting thousands of employees. These changes include mandatory office attendance and…
Evoke Group Sees Positive Turnaround as Revenue Rises Business 18 October 2024 Evoke Group, the parent company of William Hill, has reported a notable increase in revenue for the first time since…
Matalan CEO’s Departure After 18 Months Retail 7 October 2024 Matalan’s CEO Jo Whitfield has resigned after 18 months, impacting the organisation’s leadership.Whitfield aims to explore a portfolio career, stepping…
Mulberry Rejects Takeover Bid from Frasers Group Retail 1 October 2024 Mulberry declined an £83m takeover bid from Frasers Group amid strategic considerations.Frasers Group proposed a 130p per share offer, valuing…
Quiz’s £5.2m Loss Amid Falling Revenues Retail 29 August 2024 The recent financial report reveals a challenging year for the womenswear retailer Quiz, showing a decline in revenue and profit.Quiz…
