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 […]
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 […]
Coles Health Food Overhaul
Coles is changing the way Australians shop for health food at the supermarket, in a move that will make healthier options more accessible in all grocery aisles as well as help make Coles “the destination” for sports nutrition, diet and superfoods products. As part of its health transformation, specialty products traditionally found in the health […]
