Skip to site menu Skip to page content
Logo Image
In Brief
Spotlight

What Amazon told employees about axing 16 000 jobs

In an internal memo, Amazon explained it will cut about 16,000 corporate roles worldwide as part of one of the largest layoffs in its history.

Latest news

China rolls out national framework for retail digital transformation

The new standard sets uniform indicators to assess how retailers use and manage digital systems across operations, data and technology infrastructure.

Original Factory Shop collapses into administration, putting 1,180 jobs at risk

Rick Harrison and James Clark of Interpath are named joint administrators to The Factory Shop Limited, which operates under The Original Factory Shop brand.

Aldi sets out £370m UK store expansion for 2026

The German discount supermarket chain said the funding will go towards opening 40 additional outlets during the year.

LVMH revenue slips in 2025 as currency swings and uneven demand weigh

The French luxury retailer posted revenue of €80.80bn for the year, down 5%, while profit from recurring operations dropped 9%.

EU weighs Shein probe over illegal listings – report

The company is under review following concerns about unlawful items sold through its marketplace.

Nike to reportedly cut 775 US warehouse jobs in automation push – report

The reductions will largely affect warehouse-based jobs at the sportswear group’s facilities in Tennessee and Mississippi.

Amazon to close US Go and Fresh stores and bet on Whole Foods

Whole Foods Market is set to open more than 100 new sites over the coming years.