Autor: María Semprún
In a recent statement, global retailer specializing in clothing, accessories, footwear, home goods and more Esprit Holdings announced that it has filed for bankruptcy protection for two of its subsidiaries in the United States following financial difficulties and declines in its operations.The company specified that the decision involves Esprit US Distributions Limited (USDS) and Esprit US Retail Inc. (USRI) since after an evaluation the combined assets of the two subsidiaries totaling approximately $40 million were not sufficient to cover high operating costs and balance their finances, opting as a last resort to declare bankruptcy.However, after filing for bankruptcy in the…
Franchise Group, one of the largest retailers in the United States and owner of American Freight, The Vitamin Shoppe and Pet Supplies Plus, has filed for Chapter 11 bankruptcy in Delaware. This marks the beginning of a financial restructuring process, with a liquidation and promotions.The company announced that, as part of its strategy to reduce its debt and strengthen its capital structure, it will carry out the complete closure of American Freight in its 357 stores distributed in 40 states of the US. Likewise, to support the closure, it will implement a large liquidation that promises considerable discounts on appliances…
Mexico’s Secretary of Tourism, Josefina Rodríguez Zamora, inaugurated the Mexico Pavilion at the World Travel Market (WTM 2024), which took place from Tuesday, November 5 to Thursday, November 7 in London, United Kingdom, attended by around 50 thousand participants from different regions of the world.Accompanied by the Mexican ambassador, Josefa González Blanco, the federal official said that this event represents a fundamental platform to promote tourism and establish strategic connections between industry professionals at a global level.This tour included several meetings with tour operators, airline executives and representatives of the tourism industry, including Sebastian Ebel, CFO of the TUI Group,…
During the month of November, Dollar Tree prepares for the holiday season with the launch of a series of new products that appeal to both consumers looking to save and those looking to decorate and enjoy the holiday festivities. With a focus on keeping a budget in check, the store features eight highly useful items, each priced at an incredible $1.25. This focus on savings not only allows families to stock up for family celebrations, but also provides opportunities for holiday gifts and decorations without breaking the bank.As the shopping season heats up, Dollar Tree is positioning itself as a…
Costco has positioned itself as one of the best employment options for immigrants in the United States, especially at a time when many are looking for stability and opportunities for permanent residency. Not only does the company offer competitive salaries that can reach up to $60,000 annually, but it also provides valuable support to its employees by sponsoring them to obtain a Green Card. This approach not only reflects a commitment to the professional growth of its workers, but also makes Costco stand out in a highly competitive labor market in which many are looking for more than just temporary…
Magical Towns are some of the best destinations for tourists who want to get to know Mexico. These places are a great attraction due to their beauty, tranquility and variety of options to share time with family or friends. They are considered sites with symbols and legends, which are full of history and have been the scene of very important events for Mexico. Currently, there are 132 towns that have the honour of having this title in their name. On this occasion, we will talk about the enigmatic town of Chihuahua that surprises all tourists. The first mentions of this…
A little over a month after announcing the opening of a new supermarket in Seminole, Florida, Cencosud announced the opening of two new The Fresh Market stores, this time in the towns of Crofton (Maryland) and Chicago (Illinois), expanding and strengthening the presence of the Chilean retailer in the North American country.In Illinois, this is The Fresh Market’s fifth location in that state, and the Crofton location is the fifth store in Maryland, where customers will have access to specialty products, bakery items, premium meats, seafood, and high-quality fruits and vegetables. The Fresh Market as a supermarketCencosud said: “The Fresh Market…
Is Amazon now looking to the Food and Pharmacy sector? This is the topic discussed by Willem F. Schol, president of AmericaRetail & Malls. Amazon’s foray into the food and pharmacy sectors makes it clear that the company is not just looking to participate, but to radically transform the market. According to recent data from Supermarket News, Amazon saw revenue growth of 11.04% during the third quarter of 2024, driven largely by its e-commerce food and pharmacy divisions. But behind these numbers, there is intrigue about whether we are witnessing an unstoppable advance or the beginning of a problematic concentration of…
From November 1st to December 24th, Target brought back its popular «Deal of the Day.»Target Circle members will have the opportunity to enjoy discounts of up to 50% on a wide range of products, from home decor and gifts to technology.Similarly, starting November 3, shoppers will get new weekly deals every Sunday. These promotions span several categories, from home care to fashion and toys.The OffersOffers range from 50% off small appliances, 50% off Threshold sheets, and even up to 40% off technology.Toys, clothing, shoes, lights and Christmas trees will be discounted by up to 30%.Black FridayFor consumers looking to get…
The ajiaco of Bogotá, Antioquia’s Bandeja Paisa, the sancocho throughout the country, they are examples of the wide gastronomy that Colombia has, which invites tourists to visit the country and learn more about its culture.But beyond the typical dishes that are recognized throughout the world, the country also has contemporary fusions that seek to please the tastes of the most demanding palates. And there are many exponents of the cuisine that deserve to be known.Thanks to its extensive territory and diversity, Colombia offers different options to the palate. To find out how traditional and modern cuisine are achieving a fascinating…