Driveway, based in San Francisco, is also cutting its staff as it moves to focus on enterprise-level companies.
Thus the lowering of Barclays within the ranking comes partly as the bank moves to focus just on the American and European markets," said Kinmonth.
The introduction of new lines has been a major change at Body Shop along with moves to focus on retailing, buy back money-losing franchise outlets and reduce costs in the United States.
The Gtech Holdings Corporation, the lottery systems operator, which last month warned of soft fiscal second-quarter results, said yesterday that it had cut its work force by 4percentt and would take about $45 million in charges as it moves to focus on gambling.
For Hulu, the decision may have come as the company moves to focus more on its U.S. operations and double down on becoming the TV Everywhere home for broadcast TV.
In stocks, General Electric shares rose before the bell after the conglomerate said late Tuesday that it plans to pursue an initial public offering of most of its life and mortgage insurance operations as it moves to focus on other areas.
