25 August 2023
25 August 2023
The administrator is expecting to sell some stores, either individually or as part of larger packages.
The price reduction will come into effect on 24 August across all stores and online.
The retailer temporarily closed all stores in Ukraine in February 2022 in response to the geopolitical conflict in the region.
Net revenues declined by 12.9% to $1.86bn.
Turkish on-demand delivery service provider Getir has cut 10.9% of its global workforce, begging the question: what has gone wrong for the start-up?
Co-founders Maria Shriver and Patrick Schwarzenegger propel their brain health brand with strategic financing.
This strategic move is positioning Reliance Retail Ventures as a formidable contender against giants such as Amazon and Walmart.
The store houses more than 2,500 cash-and-carry products.
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As ecommerce experienced booming growth during the COVID-19 pandemic, retailers accelerated their digitalization strategies to keep up with demand. The cloud has become an important model for delivering and maintaining enterprise IT resources. Many retailers have developed in-house cloud divisions that will allow them to better exploit the cloud’s capabilities. However, for those players that do not have the necessary skills in-house, the cloud can pose some significant challenges.
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