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Tag: loss

Checkpoint Systems adds grocery store loss prevention solution for checkouts to NEO range – Retail Times

Checkpoint Systems – a global leader in retail technology solutions – has unveiled a radical new sensor addition to its NEO portfolio. The NS40 provides grocery retailers with a discreet but powerful in-lane loss prevention solution. Designed to be installed at the checkout, the NEO-based NS40 antenna features an ultra-slim design, with patented 360 circular array technology along with …

Checkpoint Systems adds grocery store loss prevention solution for checkouts to NEO range – Retail TimesRead More

Forrester Expects A $2.1 Trillion Loss In Retail Sales Globally In 2020

With the ever-changing economic landscape, Forrester’s ForecastView team developed a scenario model to understand the short- and long-term impacts of COVID-19 on the retail industry. Our model examines three scenarios, a base case, best case, and worst case, which estimate retail sales at global and regional levels for the total, online, and offline space. Total …

Forrester Expects A $2.1 Trillion Loss In Retail Sales Globally In 2020Read More

Guide advises retailers on legal obligations to customers with hearing loss

A recently introduced guide details the legal obligations of retailers to make their premises accessible to those with hearing loss. The ‘Right to Hear’ guide covers the technology available to help businesses comply with the terms of the Equality Act 2010 and the hearing support they should provide to meet building regulations.  It also covers …

Guide advises retailers on legal obligations to customers with hearing lossRead More

Chico’s swings to loss but Soma maintains momentum

Chico’s FAS saw top- and bottom-line losses in its third quarter but still managed to beat Street estimates. The retailer lost $8.1 million, or 7 cents a share, in the quarter ended Nov. 2, compared to a profit of $6.5 million, or 5 cents a share, a year ago. Adjusting for one-time charges, the company …

Chico’s swings to loss but Soma maintains momentumRead More

L Brands’ Q3 loss widens as Victoria’s Secret continues to fall

Get great content like this right in your inbox. Subscribe L Brands reported a steep loss for its Q3 as sales continued to fall at its troubled Victoria’s Secret division. The retailer’s net loss totaled $252 million, or 91 cents a share, in the quarter ended Nov.2, compared with a loss of $43 million, or 16 …

L Brands’ Q3 loss widens as Victoria’s Secret continues to fallRead More

J.C. Penney narrows loss but sales continue to fall; cites turnaround ‘progress’

J.C. Penney put a positive spin on another tough quarter and even boosted its full-year profit outlook. The embattled department store chain reported that its net loss narrowed to $93 million, or 29 cents per share, in the quarter ended Nov. 3, from $151 million, or 48 cents a share, in the year-ago period. Excluding …

J.C. Penney narrows loss but sales continue to fall; cites turnaround ‘progress’Read More

Mothercare to cease all UK trading with loss of 2,800 jobs | Business

Mothercare is to close all of its 79 UK stores and its online business with the potential loss of 2,800 jobs after calling in administrators from PricewaterhouseCoopers on Tuesday. The administration will not include Mothercare’s profitable overseas operations, which have more than 1,000 stores in more than 40 countries – all run via franchise agreements. …

Mothercare to cease all UK trading with loss of 2,800 jobs | BusinessRead More

Shares of Shopify drop on surprise loss, but Cramer says you’ll regret selling

Shares of Canadian e-commerce company Shopify dropped after reporting a surprise loss on earnings. The stock slipped 3.8% on Tuesday after Shopify posted an earnings loss of 25 cents in the third quarter, missing analysts’ estimates of 11 cents gain, according to FactSet. However, CNBC’s Jim Cramer said investors will regret selling Shopify as the …

Shares of Shopify drop on surprise loss, but Cramer says you’ll regret sellingRead More

E-payments battle leads to $1bn loss for top cos in FY19, Retail News, ET Retail

Digbijay Mishra & Madhav Chanchani | TNN Bengaluru/New Delhi: The battle for domination in the digital payments space has caused a collective loss of over Rs 7,283 crore ($1.03 billion) between SoftBank-backed Paytm, Walmart-owned PhonePe and Amazon Pay during the fiscal ending March 2019. This is a collective increase of 167% from Rs 2,729 crore …

E-payments battle leads to $1bn loss for top cos in FY19, Retail News, ET RetailRead More

Flipkart logs loss of Rs 3,837 crore in 2018-19, Retail News, ET Retail

NEW DELHI: Flipkart India, the B2B arm of Walmart-owned Flipkart, has registered a higher loss of Rs 3,836.8 crore during 2018-19 as compared to the previous financial year, according to regulatory documents. The unit had posted a loss of Rs 2,063.8 crore for the financial year ended March 31, 2018, documents filed by Flipkart India …

Flipkart logs loss of Rs 3,837 crore in 2018-19, Retail News, ET RetailRead More