The New West End Company (NWEC), which represents over 600 businesses in the West End of London, has said domestic spending is likely to see a downturn for some period of time in the future, even amid solid spending in recent months, Financial Times reported....
Starbucks is withdrawing its 2020 outlook as it faces an estimated 46 percent earnings drop for the second quarter, according to multiple reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
One source has revealed that Forever 21 might be filing for bankruptcy. The retailer has been looking into ways to restructure its business as it deals with struggling sales. But one person familiar with the situation told CNBC that those efforts have stalled, and bankruptcy...
Declining retail sales has hit Kohl’s for the third straight quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
October 23, 2022
Retailers and other employers who engage in seasonal hiring are facing a season of rising prices, reduced consumer spending and worries about a recession. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]
October 09, 2022
The New West End Company (NWEC), which represents over 600 businesses in the West End of London, has said domestic spending is likely to see a downturn for some period...
April 09, 2020
Starbucks is withdrawing its 2020 outlook as it faces an estimated 46 percent earnings drop for the second quarter, according to multiple reports. Get the Full Story Complete the form...
August 28, 2019
One source has revealed that Forever 21 might be filing for bankruptcy. The retailer has been looking into ways to restructure its business as it deals with struggling sales. But...
