All USA articles – Page 8
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NewsHMV boss Doug Putman considers rescue bid for The Body Shop
HMV owner Doug Putman is reportedly mulling a bid to buy The Body Shop out of administration after its collapse in February just weeks after being taken over by Aurelius.
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NewsWalmart posts ‘strong’ sales growth driven by omnichannel model
US retail giant Walmart has reported “strong” revenue growth in its fourth quarter as consumers shopped both in-store and online and ecommerce sales surpassed $1bn (£790m).
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Opinion‘Walmart’s closing its tech incubation hub – and that might be a good sign’
On the face of it, shutting down a technology incubation unit, as Walmart is doing, looks a bit Jurassic Park in its thinking.
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NewseBay to axe 1,000 roles
Online marketplace eBay will lay off around 1,000 staff in the US, equating to an estimated 9% of its current workforce.
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GalleryIn pictures: New York City’s finest flagship stores
While attending NRF 2024: Retail’s Big Show in New York, Retail Week took a walk down the city’s most famous shopping street to take the temperature of some of retail’s finest flagships
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NewsPeople underestimate complexity of retail, warns Dick’s Sporting Goods chair
US sports giant Dick’s Sporting Goods executive chair Ed Stack has said people “don’t understand” the complexity of retail.
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NewsHuman connection is key for beauty retailers, says Ulta Beauty boss
Ulta Beauty chief executive Dave Kimbell has highlighted the importance of human connection for beauty retailers despite the technological innovations within the industry.
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NewsLevi’s sees ‘nothing but opportunity’ in Asia as it eyes expansion
Levi’s president Michelle Gass has said there is “nothing but opportunity” in Asia for the fashion giant as she outlined its international expansion plans at Retail’s Big Show in New York this weekend.
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NewsShein US IPO uncertain due to Chinese regulator complications
Fast-fashion giant Shein is seeking the approval of China’s regulator to go public in the US, according to reports.
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NewsWatches of Switzerland flat sales offset by ‘strong momentum in US’
Watches of Switzerland has posted flat group sales that were strengthened by its trading performance in the US.
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NewsTHG acquires US skincare brand for $20m
THG, which owns Lookfantastic and Cult Beauty, has acquired skincare brand Biossance from US biotechnology group Amyris Inc for $20m (£15.8m).
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NewsShein aims for New York Stock Exchange listing
Fast-fashion giant Shein is understood to be gearing up for a stock market float in the US as it reportedly filed “confidential paperwork” for an initial public offering.
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NewsAmazon reveals it will sell cars online next year
Amazon has announced a strategic partnership with Hyundai to sell cars online in the US from next year.
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NewsTHG explores taking MyProtein public in the US
THG, which owns Lookfantastic and Cult Beauty, is exploring plans to list MyProtein, its nutritional arm, in the US.
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NewsBirkenstock sets New York IPO price tag
German footwear retailer Birkenstock has set an IPO price of $46 per share as it prepares to float on the New York Stock Exchange.
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NewsBoohoo revenue and profits decline as it issues double-digit profit warning
Boohoo has posted a fall in revenue and profits in the six months to August 31, but said it is working on “improved profitability and getting back to growth”.
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NewsAmazon accused of ‘exploiting monopoly power’ in antitrust lawsuit
Amazon is being hit with an antitrust lawsuit by the US Federal Trade Commission and 17 state attorneys general.
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GalleryWalmart launches first foray into pet services
With pet ownership now higher than ever post-pandemic, Walmart has made its first play into pet services with a new centre in Dallas, Georgia.
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NewsAbercrombie & Fitch raises profit guidance as it delivers strong sales
Abercrombie & Fitch has increased its profit guidance after achieving ‘decade-high’ first-quarter sales.
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NewsDr Martens issues profit warning as LA distribution centre increases costs
Dr Martens has issued a profit warning for 2023 as ongoing issues with its LA distribution centre meant costs were “higher than initial estimates”.