14 November 2023
14 November 2023
Research revealed that two in five retail workers are subjected to abuse from customers on a weekly basis.
Accompanied by a star-studded 2023 holiday campaign, Foot Locker's latest initiative aims to position the company as the central hub for sneaker enthusiasts.
The signing ceremony was as one of the supporting events of the 6th China International Import Expo.
The report provides an update on the retailer’s progress towards meeting key environmental targets between March 2021 and February 2023.
The new store will be located on the site of the former department store Debenhams.
Cost optimisations, including extensive layoffs, slower hiring rates, and logistics “regionalisation”, have helped to boost Amazon’s operating margin from 2% to 7.8%.
Tapestry proposed to acquire Capri in a nearly $8.5bn deal, which is expected to compete in the FY24.
Earlier, the Committee of Creditors rejected a resolution plan submitted by sole bidder Space Mantra.
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The emergence of ecommerce has made it imperative that companies understand consumer behavior, deliver personalized service, and offer competitive pricing models. Ecommerce giants like Alibaba and Amazon dominate the space, supported by huge customer bases, robust mobile payment platforms, and technology expertise in areas like AI. Smaller players focus on disruptive business models, such as subscription services, to make their mark. Per GlobalData, the ecommerce market was valued at $5.9 trillion in 2022 and is expected to grow at a CAGR of >9% by 2027.
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