The report also pointed out that three major listed tractor makers have already seen their operating profitability decline by 300 to 350 basis points in the first half of this fiscal year. New Delhi: A sharp increase in raw material prices, mainly steel, along with a drop in sales volumeRead More →

Following today’s release of Currys’ figures for 10 weeks to January 8, 2022, Kunaal Shah, Retail Analyst at GlobalData, a leading data and analytics firm, provides his take view: “Tough comparisons, lower consumer demand and supply chain disruption all contributed to a difficult trading spike for Currys. However, while performanceRead More →

Image courtesy of Mothercare Mothercare says online marketplaces are among the new opportunities she is considering following her transition from international retailer to brand. The clothing and childcare equipment business now focuses on the design, development and supply of products which are sold through international franchise partners in more thanRead More →

Image courtesy of Mothercare Mothercare says online marketplaces are among the new opportunities she is considering following her transition from international retailer to brand. The clothing and childcare equipment business now focuses on the design, development and supply of products which are sold through international franchise partners in more thanRead More →

Warren – On the first official day of Art Van Furniture’s bankruptcy, the business was leasing trucks. The 61-year-old furniture and mattress retailer filed for Chapter 11 bankruptcy Sunday night in Delaware, three days after launching clearance sales at most of its 190 stores. On Monday afternoon, the expansive groundsRead More →

Publisher Pearson’s shares took another hit today after the group said sales of its print college course books continued to decline, offsetting growth elsewhere. Former Financial Times owner Economist and Penguin, who now focuses primarily on higher education courseware, has struggled to adapt to the digital shift quickly enough. TheRead More →

PETALING JAYA: Tobacco companies are strategizing aggressively to compete in a tough market environment following shrinking margins, the influx of illicit cigarettes and the rapid growth of the illegal vaping segment. Tobacco majors around the world have announced a significant downsizing amid declining cigarette sales as they struggle to copeRead More →