Carillion said it had no choice but to go into compulsory liquidation after weekend talks with creditors failed to get the short-term financing it needed to continue operating. The construction and services company is working on major public works projects, such as the HS2 rail line in no...
particularly when viewed through the lens that any type ofinventory discountinghurts a company’s full margin earnings potential. Layer in the fact that different individuals or teams within an organization are often responsible for optimizing different levers that feed into it, and suddenly you have ...
Already, liquidation sales are in place for the103 Sears and Kmart stores, and 11 Macy’s locations, that will close early this year. Other names likeGap,Children’s Place, Mattress Firm andAscena Retail Group, the owner of Ann Taylor and Loft, are also expected to trim back their store...