
Aberdeen's High Street Revival Bid Offers Lessons for Struggling Town Centers
The Scottish city is launching an ambitious plan to revive its struggling centre amid a wider decline in UK high streets.

The Scottish city is launching an ambitious plan to revive its struggling centre amid a wider decline in UK high streets.
Bank of America said Nike's attempted turnaround carries rising risk and recommended investors sell the stock.
The investment bank issued a buy rating on the wholesale retailer following its latest earnings report.

Analysts point to improved renewal rates even as broader questions about the stock remain unsettled.

The coffee chain will shutter roughly 1% of its North American cafes as part of its ongoing turnaround effort.

Online electricals retailer AO World has completed its acquisition of camera seller Jessops, previously owned by Dragons' Den investor Peter Jones, as it broadens beyond white goods, phones and TVs.

The retailer must also compensate Birkenstock and cover its legal costs, according to the ruling.

The fitness group emailed customers announcing its locations were closed 'until further notice'.

Link, a prominent investor, pointed to improving sales and traffic at Target as new leadership advances a multibillion-dollar turnaround plan.

The fast-food giant's new growth strategy, called McDonald's NEXT, includes significant investment in refurbishing its restaurants.

China's Hainan province is advancing plans for an offshore customs supervision regime expected to boost its retail sector.

A shop on Station Road is offering electric bikes and solar panels for sale, reflecting growing consumer interest in these products.
The retailer has won over Wall Street by growing profitability despite weak housing conditions, according to CNBC.

The BBC's Business Daily profiles an entrepreneur who established a manufacturing operation in China serving large retail clients.
The investment bank raised its rating on a struggling home furnishings stock from hold to buy.

A CNBC report indicates additional shares of an unnamed retailer are being purchased, arguing the stock has been oversold following a rare earnings disappointment in August.

Sources cited by Reuters say the coffee giant is exploring a deal worth around $3 billion for its largest overseas company-operated market.

The e-commerce giant is increasing its wage floor by $1 for full-time operations employees, according to a report by CNBC.

The wage increase is expected to cost Amazon more than $1.5 billion, a fraction of the company's market value, according to TechCrunch.

The company says average hourly pay now stands at $24, matching a wage level similar to Costco's, alongside a new grocery discount benefit.