Boohoo Withholds Payments from Suppliers over Poor Quality Clothing
Boohoo, a fast fashion retailer, is withholding payments from suppliers due to poor clothing quality, according to The Telegraph....
sales decline
GMB Members at Asda’s Skelton Superstore Vote for Strike Action Amid Sales Decline
Asda faces more industrial action as GMB members at a Skelton superstore vote for strike action, with 86% supporting...
Asda Chair Calls for Leadership Change Amid Declining Sales
Asda chair Lord Rose admits being "embarrassed" by the supermarket's performance under his watch and suggests co-owner Mohsin Issa...
Asda Plans Store Upgrades and Improvements Amid Declining Q2 Sales
Asda's sales declined in Q2, but the company plans a £50m store upgrade investment and focuses on customer satisfaction,...
Under Armour Faces Sales Decline, Focuses on Brand Improvements and Reconnecting with Consumers
Under Armour CEO Kevin Plank remains optimistic despite significant revenue declines, focusing on improving products, cutting SKUs, and investing...
The Container Store Faces Sales Decline and Net Loss in Q1
The Container Store's custom spaces business shines amidst challenging general merchandise sales, but overall results show a company in...
Asos Shares Drop Amid New Executive Pay Proposal
Asos' share price drops after proposing changes to its remuneration policy, aiming to align with ambitious growth plans. The...
Asda Co-Owner Invests £30m Amid Declining Sales and Criticism
Asda co-owner Mohsin Issa plans to invest £30 million into the supermarket chain, aiming to boost staffing hours and...
Beyond’s Q2 Performance: Revenue Target Met, Sales Decline Continues
In an effort to improve its financial standing, Beyond has made significant strides in recent months, including the acquisition...
Wayfair UK Profits Decline Despite Workforce Reduction
UK-based Wayfair reports a 3% drop in profits for the year ending December 2023, despite cutting its workforce by...