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Tag: falling

High street stores get pre-Christmas boost as sales stop falling | Business

High street closures in 2019 Thousands of high street jobs have been lost this year as a result of high profile retail administrations and thousands more are at risk as Mothercare, Debenhams and Forever 21 prepare for closures. Here are some of the key industry names that have been affected. Mothercare: Has 79 stores and …

High street stores get pre-Christmas boost as sales stop falling | BusinessRead More

Falling tuna consumption didn’t crush Bumble Bee, but it didn’t help

For decades, the can opener and a tin of canned tuna were considered “pretty darn convenient,” according to Ken Harris, managing partner at Cadent Consulting Group, who has worked with the canned tuna business. But now, they’re considered a hassle. That’s one reason why Bumble Bee Foods filed filed for Chapter 11 bankruptcy Thursday as …

Falling tuna consumption didn’t crush Bumble Bee, but it didn’t helpRead More

Gap’s Q3 income plunges amid falling sales; Old Navy spin-off plans move forward

Gap Inc.’s problems continued in the third quarter amid disappointing performances across all three of its divisions.   “This is a pivotal time for the company,” said Robert J. Fisher, during the company’s quarterly earnings call. Fisher, son of the founding family of Gap, was named interim president and CEO earlier this month following the departure of …

Gap’s Q3 income plunges amid falling sales; Old Navy spin-off plans move forwardRead More

Softcore pornography magazines the Picture and People to close amid sale ban and falling circulation | Media

Australian men’s magazine the Picture and the 69-year-old People magazine will close at the end of the year, ending decades of printed weeklies featuring topless models and readers’ sex stories. Their publisher, Bauer Media, was forced to axe the magazines after retailers lined up to ban them from sale at service stations; and readership fell …

Softcore pornography magazines the Picture and People to close amid sale ban and falling circulation | MediaRead More