Stores Restructuring

Stokes to close its less profitable stores in restructuring process

World - Yahoo News - 9 hours ago

What Germany’s new naval base means for Baltic security

Also in this newsletter: the UK joins the EU in committing to the G7 loan to Ukraine

World - Financial Times - October 22

HSBC Announces Restructuring and Names First Female C.F.O.

The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.

Business - The New York Times - October 22

Pressure mounts on VW to finally confront the reality of restructuring

The carmaker must overcome internal resistance to changes necessary to boost competitiveness

Business - Financial Times - October 23

Atos Debt Grows as Restructuring Effort Continues

Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.

Business - The Wall Street Journal - October 24

Aces restructuring front office, cut ties with GM

The Aces will not renew the contract of general manager Natalie Williams as part of a restructuring of their front office, the team announced.

Sports - ESPN - October 26

Intel takes $18.7bn in restructuring and impairment charges

Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demand

Business - Financial Times - October 31

Surviving a shake-up: is restructuring ever good for staff?

As companies from Amazon to Citi overhaul management, experts warn of consequences beyond job cuts

Business - Financial Times - November 11

HSBC embarks on major restructuring, names first female CFO

HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.

Business - CNBC - October 22

Intel books big charges for restructuring, but here’s why its stock is surging

The company says business trends are improving despite ‘noisy’ earnings.

Business - MarketWatch - November 1

Labour hedge fund donor’s profits drop 76% after restructure

Quadrature made largest single donation to party after UK election called in May

Business - Financial Times - November 5

FuelCell Energy to cut 17% of its staff as part of a global restructuring plan

FuelCell Energy to cut its workforce by 17% as part of a cost-cutting plan, amid slower-than-expected investments in clean energy.

Business - MarketWatch - 3 days ago

Last Kmart store closes down

Shoppers bid farewell to the final Kmart store in Bridgehampton, New York, while snagging great deals before the store shut its doors for good. Shanelle Kaul has the story.

Why major retailers are closing stores

Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...

How Convenience Stores Are Changing the Food Game

The days of cold hot dogs and stale chips are vanishing as convenience stores look to expand their food offerings.

Business - Inc. - October 20

What's in store for FA Cup's lowest-ranked teams?

Eighth tier Hednesford Town are among the non-league sides in action as BBC Sport looks at the lowest-ranked sides left in the FA Cup.

Sainsbury's to rival Aldi prices in smallest stores

It follows criticism that shopping in convenience stores can be more expensive than main supermarkets.

Weaponize Deception With This Week's Epic Games Store Freebie

The Epic Games Store continues to give away a free game each week, and this week is another nice find with a price that can't be beaten. Every Thursday at 8 AM PT / 11 AM ET, Epic offers at least ...

Tech - GameSpot - November 7

F.D.A. Wants to Pull Ineffective Decongestant From Stores

It was added to cold and flu remedies in the 1990s when another ingredient went behind the counter over illicit meth lab concerns.

Health - The New York Times - November 7

Motion picture academy lays off staff at archive and library amid broader restructuring

The Academy of Motion Picture Arts and Sciences is restructuring its archive and library, cutting 16 staff members as part of a strategic effort to consolidate preservation efforts.

Entertainment - Los Angeles Times - October 31

Trump nominates Elon Musk and Vivek Ramaswamy to lead new efficiency department to ‘restructure federal agencies’ – live

Tesla CEO and onetime Republican presidential hopeful put forward to lead department to ‘dismantle government bureaucracy’ . Trump’s cabinet picks and likely contenders so far Joe Biden is ...

World - The Guardian - 5 days ago

Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans

Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK business

Business - Financial Times - 3 days ago

Reeves Mulls Amazon Tax Hike to Aid Bricks-and-Mortar Stores

World - Yahoo News - October 22

Watch: Cockatoo rescued after four weeks trapped inside grocery store

World - Yahoo News - October 22

Walmart Employee Was 'Locked In' Store's Oven Before Death: Emergency Audio

World - Yahoo News - October 24

Why do people queue up outside luxury stores?

For brands, controlling footfall improves security, creates an air of exclusivity and weeds out casual shoppers

World - Financial Times - October 29

McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.

Business - CNBC - October 29

Chipotle misses revenue estimates as same-store sales growth disappoints

Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.

Business - CNBC - October 30

Tumblers sold at Wawa stores recalled after reports of cuts

The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.

They Love John Fluevog Shoes So Much They Married at One of His Stores

Amber Walker and Ron Dutt held a surprise wedding during the “Flummunity Fest,” a fan-driven gathering for admirers of the designer.

Lifestyle - The New York Times - November 1

Filling 'donut' & taming Fernandes - Amorim's tactics assessed

With Ruben Amorim confirmed as the new Man United head coach, how will the current squad fit into his tactics?

A TV as big as a bed? With the holidays approaching, stores stock more supersize sets

For some television viewers, size apparently does matter

Tech - ABC News - November 5

Coffee, sandwiches, underwear, beer: a day in the life of Japan’s beloved konbini stores

Convenience stores are a neat and functional retail institution in Japan, where customers can access the daily essentials, from buying breakfast to paying bills. Kenji Yamamoto was unsure that his ...

World - The Guardian - November 8

Is a reunion in store for Teoscar Hernández and the Dodgers? Where else might the outfielder go?

After a sensational season in L.A., Hernández has set himself up to earn a lucrative, multi-year contract this winter.

Sports - Yahoo Sports - November 8

Neon raises $14M to build direct-to-consumer stores for games

Neon has raised $14 million in funding to build its direct-to-consumer digital store platform to help make game companies more independent.

Tech - VentureBeat - 6 days ago

More than 2 dozen Big Lots stores no longer closing: Here's where

While dozens of stores previously set for closure are seemingly remaining open, Big Lots has already closed more than 270 stores this year.

Politics - The Hill - 6 days ago

Amazon debuts discount store with everything under $20 to take on Temu and Shein

Called "Amazon Haul," the storefront is accessible through the company's mobile app, and it promises "crazy low prices" on a plethora of goods.

Business - CNBC - 5 days ago

Latest in Stores Restructuring