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Banking and Finance

Five Below CEO and President Joel Anderson Resigns Amid Sluggish Sales

Five Below announced Tuesday that its CEO and President, Joel Anderson, has resigned as the discount retailer faces declining sales and other challenges. The Philadelphia-based company, which caters to teens, has been grappling with reduced spending by lower-income shoppers and increasing theft. Consequently, it has also lowered its financial outlook...
Money and WealthSuccess and Leadership

Global Wealth Dynamics: Switzerland Leads in Average Wealth Per Person While the US Has Most Billionaires

The United States boasts the highest number of billionaires globally, while Switzerland leads in average wealth per person. Germany also ranks prominently in these metrics. According to the latest Global Wealth Report by Boston Consulting Group (BCG), Germany is home to around 3300 billionaires. In contrast, the USA has approximately...
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