Turnaround Plan

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.

Carrefour Confident On Turnaround Plan After Strong First-Quarter Sales

Carrefour Europe's largest food retailer, said it was confident it would achieve the strategic goals set under its turnaround plan after sales growth accel...

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

Carrefour has unveiled plans to buy back an extra €200 million worth of shares, reflecting confidence in its turnaround plan, and said it had started...

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