Tyson Foods shutting Kansas meat plant, 800 workers job loss
Tyson Foods, a leading U.S. meat processor, announced plans to permanently close its meat plant in Emporia, Kansas. The closure will result in the loss of over 800 jobs, a … Read More
Tag: Retail
Ocado’s partner Morrisons to cease deliveries from Erith site
Ocado Group, a prominent player in the online supermarket industry, has recently announced that its partner, Morrisons, will be gradually discontinuing deliveries from the Erith robotic warehouse located in London. … Read More
Gap surpasses its annual sales target in holiday demand; shares rise
Gap Inc. recently increased its annual sales forecast, announcing a strong beginning to the holiday shopping season, which resulted in a 15% surge in the company’s shares during extended trading … Read More
Vietnam threatens to block Shein and Temu for non-compliance
The Vietnamese government has issued an ultimatum to Chinese online retail giants Shein and Temu, demanding they register their operations with the Ministry of Industry and Trade by the end … Read More
Manolo Blahnik finally steps into China after decades-long legal battle
Renowned luxury shoe designer, Manolo Blahnik, has finally made its much-anticipated entry into the Chinese market. After a 22-year-long legal battle over trademark rights, the brand is now ready to … Read More
Bricks over clicks: The resurgence of physical retail in Europe
In a notable shift across Europe’s retail landscape, physical stores are making a comeback, as consumers increasingly favor in-person shopping experiences over online purchases. The trend, dubbed “bricks over clicks,” … Read More
Fast-food chains hold the onions after McDonald’s E. coli concern
Several major fast-food chains are taking precautionary measures by temporarily removing onions from their menus after an E. coli outbreak linked to McDonald’s locations sparked concerns across the industry. McDonald’s … Read More
Tupperware cancels auction, agrees to lender takeover
Tupperware Brands Corp., the iconic kitchenware company known for its signature airtight containers, has announced that it is canceling plans for an auction and has instead agreed to a lender-led … Read More
Raymond Lifestyle on a hiring spree: 9,000 jobs on the line for store expansion
Raymond Lifestyle, a leading Indian apparel and lifestyle company, has announced an ambitious plan to hire 9,000 new employees to support the expansion of its retail network across the country. … Read More
Walgreens Boots Alliance to shutter 1,200 stores as CEO seeks turnaround
Walgreens Boots Alliance (WBA), one of the world’s largest pharmacy chains, has announced plans to close approximately 1,200 stores over the next three years. The move is part of a … Read More