Alibaba Group Holding is expected to sell its department store chain Intime Retail (Group) to Chinese apparel company Youngor Fashion as China’s e-commerce giant walks away from offline retailing, according to people familiar with the matter. The two sides are expected to announce the deal this week, said one source, who declined to be named. … Read more
Last year, more than 2,000 high street shops closed for good. This year, brands have already announced their planned store closures for 2024. According to the British Retail Consortium, 6,000 retail outlets have closed since 2018. In 2024, small businesses and big brands are still facing the financial effects of the COVID-19 pandemic, the Ukraine-Russia … Read more
Opinions expressed by Entrepreneur contributors are their own. Companies often face the most unexpected issues when it comes to growth: The very success that propels them forward can also become their greatest challenge. Rapid growth, while indicative of a business’s vitality, can present complexities requiring business owners to take notice of. I aim to help … Read more
