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Jobs to go as retailer shuts down stores in Australia
Source: The Sydney Morning Herald Online Receivers for Australian discount retailers Crazy Clarks and Sam's Warehouse have announced the closure of another 26 stores, with 413 more jobs to...
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H&M chairman receives UN award for gender equality
Source: Retail In Asia H&M Chairman Stefan Persson, received the “Humanitarian of the Year” award from the United Nations Association of New York (UNA-NY) for his leadership role in promoting...
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Inditex Group pledges USD1.2m to fight Ebola
Source: Retail In Asia Inditex announced recently that it is contributing EUR1 (USD1.2 million) to the emergency fund of Médecins Sans Frontières (MSF) to help in the fight of the deadly Ebola virus...
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H&M to open 1st store in India
Source: Retail in Asia H&M is going to open its first store in India this year, the fashion retailer said on Wednesday.With an investment of EUR100 million (USD138m), it plans to open 50 stores...
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inProjects announces merger with EC Harris, part of the EUR2.5 billion global...
Source: Retail In Asia EC Harris, the leading global built asset consultancy, has joined forces with inProjects, one of Asia’s foremost project management firms. The addition of inProjects...
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Aeon Vietnam opens mall in Binh Duong Province
Source: Retail In Asia Aeon Mall Binh Duong Canary, the second suburban shopping mall of Aeon Vietnam Co. Ltd., was launched on Saturday in Binh Duong Province.The mall is located 15 kilometres north...
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African retailer Jumia secures USD149.6m in funding
Source: RetailTech Innovation African online retailer Jumia has secured a new round of investments amounting to EUR120 million (USD149.6 million).JUMIA is part of Africa Internet Group (AIG)...
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Case study: How Tesco Lotus's "point-of-sale" turned into...
Source: Honeywell Tesco Lotus is a leading retailer in Thailand, which over an 18 year period of development has grown to more than 1,500 stores and 45,000 employees across the country. Honeywell...
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Ebay considering cutting 10pc of workforce
Source: CNBC Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported, citing people...
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India’s Snapdeal ventures into TV commerce shopping
Source: RetailTech Innovation India’s online marketplace Snapdeal.com recently launched a 50:50 joint venture with DEN networks to launch a TV Commerce channel.The DEN Snapdeal TV shop is urrently...
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Slumping sales, store closures hit Australian Esprit
Source: The Sydney Morning Herald Online Slumping sales and store closures led to a small loss for the Australian arm of international fashion retailer Esprit, as its parent company's shares come...
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Dairy Farm acquires Macau supermarket chain San Miu
Source: Retail in Asia Asian retail giant Dairy Farm International said on Thursday that its wholly-owned subsidiary, The Dairy Farm Company, had acquired the Macau-based supermarket operator – San...
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Toys "R" Us Australia accumulates USD344m in losses
Source: The Sydney Morning Herald Online Toys "R" Us, the self-described "world's first toy supermarket", has racked up accumulated losses of almost AUD450 million (USD343.9m) since arriving in...
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S Korea's E.Land to optimise supply chain operation by implementing...
Source: Retail in Asia E.Land World Ltd, the largest apparel brand in South Korea and the core apparel subsidiary of global retail group E.Land, is implementing Manhattan's Supply Chain Commerce...
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Australian Prime Minister urged to intervene in 7-Eleven wage abuse scandal
Source: The Sydney Morning Herald Online Class action law firm Maurice Blackburn has written to Prime Minister Malcolm Turnbull urging him to offer amnesty to 7-Eleven workers affected by the...
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