Turnaround Plan

Walgreens Boots Signals Turnaround On Track As It Tops Estimates

Walgreens Boots Alliance beat analysts' lowered expectations for first-quarter adjusted profit and indicated that its restructuring was taking hold.

Dollar Tree Names Michael Creedon As Permanent CEO

Dollar Tree said interim CEO Michael Creedon would take on the role permanently, tasking an insider to lead a turnaround of the dollar-store chain.

Walgreens To Shut 1,200 Stores As CEO Wentworth Seeks Turnaround

Walgreens Boots Alliance said on it would shut 1,200 stores over the next three years as new CEO Tim Wentworth plots a turnaround at the struggling pharmac...

Imperial Brands’ First Half Profit Lifted By Price Hikes, Tobacco Alternatives

British cigarette maker Imperial Brands reported higher first-half operating profit, thanks to price hikes and growing demand for tobacco alternatives.

South Africa's RCL Foods To Spin-Off And List Rainbow Chicken Business

South Africa's RCL will unbundle its Rainbow Chicken business and list it on the Johannesburg stock exchange as part of a strategic review, the food produc...

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

Brazilian food retailer GPA, controlled by France's Casino, reported that its fourth-quarter loss narrowed to 303 million reais ($61.36 million), improving...

John Lewis Chair Sharon White To Step Down In 2025

Sharon White, the chair of British retailer the John Lewis Partnership, will step down early in 2025, having decided not to seek a second term of office, t...

Aldi Denmark To Focus On Turnaround Plan In 2022

Aldi Denmark will continue to focus on its turnaround plan in its current financial year after a challenging 2021.

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Carrefour Confident On Turnaround Plan After Strong First-Quarter Sales

Carrefour Sees First-Half Core Profit Rise, Unveils Extra Share Buybacks

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