M&S Opening Plans 23-24
British clothing and food retailer Marks & Spencer plans to open 20 new, bigger stores in its 2023-24 year as part of a radical overhaul of its store estate that will see it invest 480 million pounds ($587 million). The 139-year-old group said on Monday the investment would generate more than 3,400 new jobs across […]
AMAZON LAYS OFF 18,000
Amazon.com Inc’s layoffs will now include more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday. The layoff decisions, which Amazon will communicate starting Jan. 18, will largely impact the company’s e-commerce and human resources organizations, he said. The cuts […]
Artificial Intelligence
Artificial Intelligence (AI) is revolutionizing the retail industry in Australia and across the world. Retailers are using AI to improve customer experiences, optimize their supply chain and inventory management, and gain a competitive edge in the market. In this article, we will explore how AI is having a significant impact on the retail industry in […]
Walmart to Monetise Technology
Under this initiative, Walmart will aim to monetise the technologies it has developed over the last few years to support its digital transformation and moves towards creating an omnichannel business. This underpins the retailer’s ongoing investment in the customer proposition, including its ecommerce business, supply chain and pricing. As part of this effort, Walmart is […]
