Tag: retail strategy
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Japan Businesses Bristle at China Tourist Worries: A Market Resilience Story
Japan’s Retail Powerhouse Stays Optimistic Despite Tensions In recent weeks, a chill has settled over Japan’s bustling consumer hubs as diplomatic frictions with China linger. Yet frontline businesses—from luxury boutiques in Tokyo’s Ginza to the noodle joints dotting Osaka’s streets and high-end hotels near Kyoto’s heritage sites—have largely kept their spirits and wallets open. The…
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Walmart’s Strong Quarter Signals Americans Still Spending
Walmart Surges on Solid Quarter Amid Persistent Consumer Cares Walmart Inc. reported a stronger-than-expected quarter, lifting its outlook as the retailer benefits from momentum in online shopping and broad-category sales. The results suggest that, even in a cautious economy, American shoppers are still spending on essentials and everyday items, while shifting more purchases online. Executives…
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Carney’s six nation-building projects, Saab’s Ottawa talks and Ruby Liu’s Hudson’s Bay strategy: Weekly business digest (Nov. 16)
Overview: A pivotal week in business and investing The week of Nov. 16 brings a busy slate for policymakers, retailers, and investors as central bank signals, corporate strategies, and consumer-facing campaigns shape sentiment. From Carney’s bold plan to launch six nation-building projects to airline-style negotiations in Ottawa and Ruby Liu’s controversial Hudson’s Bay initiative, the…
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Jewelry industry adapts to higher gold prices and demand
Overview: A season of resilience amid rising costs The holiday season traditionally fuels a significant share of annual jewelry sales, but this year arrives with a notable twist: persistent high gold prices are reshaping consumer behavior. While gift-givers still see jewelry as a thoughtful option, many buyers are weighing value more carefully, seeking pieces that…
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Chinese Beverage Chains Challenge Starbucks in the US
Introduction: A New Wave in US Beverage Culture Starbucks has long been the dominant export of Western-style coffee culture in the United States. But in recent years, a rising tide of Chinese beverage brands has started to reshape the competitive landscape. From bubble tea specialists to hybrid coffee-tea concepts, Luckin Coffee, HeyTea, Chagee, and Mixue…
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Poundland to Close 13 Stores in Next Weeks as First Closure Starts Tomorrow
Summary of the Poundland Closures Poundland has confirmed it will shutter 13 of its stores over the next few weeks, with the first closure set to begin tomorrow. The discount retailer expanded its list of planned closures recently, signaling a broader wave of reorganisation across its UK store network as it reassesses locations and performance.…
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Poundland confirms 13 store closures with first ‘tomorrow’ wind-down under way
Poundland announces 13-store closure plan, with the first site closing from tomorrow Budget retailer Poundland has confirmed it will shut down 13 of its outlets in the coming weeks, marking another round of store closures that hits parts of the UK high street. The announcement, which follows recent additions to the layoff list, means the…
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Maxima and Barbora Scale Back E-Shop Deliveries Across Baltic Regions
In a string of recent strategic moves affecting Baltic online shopping, Maxima and Barbora have announced significant contractions to their e-commerce delivery footprints. The changes are set to impact customers across Latvia, Estonia, and Lithuania, highlighting the ongoing adjustments retailers are making in response to market conditions, logistics challenges, or shifts in consumer demand. Here…