THG Shareholders Approve Ingenuity Split into Separate Company
In a recent vote, THG shareholders have approved the spin-off of its loss-making Ingenuity ecommerce platform into a separate...
investors
Estée Lauder Rejects Below-Market Tender Offer from TRC Capital Investment Corporation
Estée Lauder Companies has rejected an unsolicited $83.65 per share tender offer from investment firm TRC Capital Investment Corporation...
Homebase Seeks Investors Amidst Financial Struggles and Sales Decline
Homebase is set to begin talks with potential investors next week, aiming to drive its growth forward. This comes...
Tractor Supply Faces Backlash for Retreating from Diversity and Climate Goals
Lead: Tractor Supply faces a backlash after abandoning diversity and climate initiatives following online pressure, sparking controversy and uncertainty...
Under Armour Settles $434m Securities Fraud Lawsuit Over Alleged Revenue Manipulation
Under Armour has agreed to a $434 million settlement in a 2017 shareholder lawsuit alleging violations of U.S. securities...
Investor Retreat: What’s Next for Online Retailers?
Ocado is set to be removed from the FTSE 100 as its share price drops over 85% from pandemic...
Bed Bath & Beyond Sues Hudson Bay Investors for $300M
Lead: Bed Bath & Beyond accuses Hudson Bay of profiting over $300 million from pre-bankruptcy stock purchases, leading to...
Barclay Family’s Backer Plans Sale of Very Group
Lead: A major shake-up in the retail industry as Redbird IMI, the Gulf-based backer of the Barclay family, is...
Finance News in Brief: Getir Exits UK and Europe, Sainsbury’s Profit Surge, Asda’s Credit Rating Upgrade, WH Smith’s Revenue Rise, Matchesfashion Creditors
Lead: Getir is making a bold move by exiting the UK and Europe as investors pour in additional funds,...
Getir Investors Inject More Cash for UK and Europe Exit
Lead: Getir investors are gearing up to pour more money into the company to shut down its operations in...