Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Hotel Chocolat closes US online store

Hotel Chocolat closes US online store

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Hotel Chocolat has announced it has closed its online shop in the United States, ceasing direct-to-consumer sales in the country.

The retailer has closed all of its in-country warehouses and fulfilment arrangements.

It comes after Hotel Chocolat had previously announced that investment levels in the USA will be “materially reduced”, with ongoing investment limited to essential working capital only

In July, the group said that it would deliberately focus its efforts over the next three years on “its most proven and lowest-risk strategies” with the greatest potential for further increased profitability and scaled cash generation.

On the retailer’s US site, it now reads: “It is with great regret that we have made the difficult decision to close our online shop in the US. We’ve had a lot of love for our chocolate and hot chocolate, and we’ve spread a little chocolate happiness around the US.This website is now closed to new customer orders.

“We would like to thank all of our customers who have supported us and enjoyed our chocolate and hot chocolate. If you have an enquiry about an existing order or product, please go to our Contact us Page for details on how to get in touch. Our Union Station store (Washington) will remain open until the fall. Thank you once again.”

 

Previous Post
Economic recovery slows in July

Economic recovery slows in July

Next Post
Ocado lowers outlook as customers cut back

Ocado lowers outlook as customers cut back