Beyond Names Marcus Lemonis as Principal Executive Officer Amid Leadership Shakeup and Cost Cuts
In a recent shakeup at Beyond, CEO Nielsen has been terminated and Lemonis takes on an expanded leadership role...
cost reduction
Forever 21 Layoffs and Store Closures: Catalyst Brands Explores Options
In a recent series of WARN notices, Forever 21 is laying off nearly 700 employees in California and Pennsylvania,...
Dollar General Opens New Distribution Center in Arkansas to Streamline Supply Chain Operations
Dollar General has opened a new distribution center in North Little Rock, Arkansas, marking another step in their plan...
River Island Seeks AlixPartners’ Help Amid Upcoming Tax Hikes and Wage Increases
River Island hires AlixPartners to tackle cost reduction and profit improvement amidst upcoming tax rises in April, reports Sky...
Currys CEO Vows to Maintain Growth Amidst Upcoming Tax Bill Increase
Currys CEO Alex Baldock assures that the retailer's growth won't be disrupted despite facing a £32m tax bill increase...
Amazon’s AI Upgrade for Just Walk Out Technology: Expanding into New Venues and Verticals
Amazon's latest upgrade to its Just Walk Out technology aims to streamline checkout processes in various settings like hospitals,...
John Lewis Cuts 3,800 Jobs to Reduce Costs
Lead: The John Lewis Partnership slashes 3,800 jobs to cut costs, with a focus on attrition and no replacements...
Qurate Retail Group Reports Net Loss and Revenue Decline in Q1
Lead: Qurate CEO David Rawlinson announces a successful turnaround with Q1 results, focusing on growth initiatives like the Age...
The Benefits of Label-Free and Package-Free Returns
**Lead:** Retailers are urged to embrace label-free and package-free returns to enhance customer satisfaction, cut costs, and support sustainability....
AO Upgrades Full-Year Guidance on Improved Margins and Cost Reduction Efforts
Online electrical retailer AO now predicts its adjusted EBITDA will be between £37.5m and £45m for the fiscal year...