Environmental factors most important among ESG: Poll
The COVID-19 pandemic has highlighted the urgent need to address climate change as part of environmental, social and corporate governance (ESG) issues of companies and businesses.
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Seven-Eleven Japan chooses Google Cloud for its data cloud
Convenience store retailer Seven-Eleven's Japanese branch has chosen Google Cloud to host its data Cloud...
Empire buys 51% of Longo’s and its e-commerce business
Canadian investment company Empire has acquired a majority stake in grocery retailer Longo’s and its Grocery Gateway e-commerce and delivery...
M&S and Blue Yonder collaborate for supply chain planning
US-based technology company Blue Yonder has finished installing its Luminate Planning supply chain solution at British retail chain Marks and...
BRC reports 40% drop in UK retail footfall in April
Data from the British Retail Consortium (BRC) and Sensormatic IQ has revealed a drop in UK footfall for the month...
Amazon to open robotics fulfilment centre in Louisiana
The 650,000ft² facility will generate more than 1,000 full-time jobs, in an effort by Amazon to support local communities. Employees at the facility will be responsible for picking, packing and…
Adidas records 27% growth in first-quarter revenues
Adidas' direct-to-consumer (DTC) revenues and e-commerce sales primarily contributed to this growth, with e-commerce sales rising by 43%. The revenue growth was strongest in terms of worldwide footwear sales, which…
Tapestry reports net sales increase in third quarter
Tapestry, which owns Coach, Kate Spade and Stuart Weitzman, recorded a net income of $91.7m, or $0.32 for each diluted share. This is compared to a net loss of $677.1m,…
JCPenney new owners cut 650 jobs
The move, first reported by The Dallas Morning News, is part of efforts by JCPenney to streamline its structure to achieve its strategic priorities. It follows an operational review by…
Steinhoff to list Pepco in Poland
The initial public offering (IPO) will include up to 101,343,568 existing Pepco shares, which represents up to 17.5% of Pepco’s total issued share capital. The amount of offered shares may…
Next updates profit forecast as sales exceed expectations
UK fashion retailer Next has raised its 2021 profit forecast from £700m to £720m following its most recent sales forecast which “smashed expectations”. This is the second time this year…
