Global retailer closing U.S. stores, no bankruptcy planned

New business focus, change of statutes and sale of own brick-and-mortar pharmacies. These are the main points on the road to recovery of Pilulka, which suffers from a high level of debt and almost went bankrupt a few months ago. Since the end of March, it has been majority owned by the investment fund of businessman Tomáš Čupr....

Did Walmart Asia Just Take This Massive Step?

read the original version on: www.retailnews.asia Walmart's presence in Asia is a key part of its global growth strategy. The retail giant has established a significant presence across the region, with hundreds of stores spanning from China to India ... The post Did Walmart Asia Just Take This Massive Step? appeared first on Retail News Asia.

Global retailer closing U.S. stores, no bankruptcy planned

The well-intentioned retailer has a plan to keep operating but it has closed all of its brick-and-mortar locations.