Amazon facing possible CMA investigation over data usage
The UK-based Competition and Markets Authority (CMA) has been looking into how Amazon uses the data collected on its platform.
Business & Regulation
Turkish grocery start-up Getir raises $1bn for speedy delivery expansion
Getir acquired over $550m from investors to boost its delivery service expansion and benefit from...
Etsy’s acquisition of Depop provides potential for growth in preloved clothing market
Etsy plans to acquire Depop and the deal is set to help Etsy expand its...
CJEU rules against supermarkets in equal pay claims
The court clarified that shop floor and distribution roles are comparable if a single body...
Business optimism declines marginally in May: Poll
New COVID-19 waves in some regions are leading to uneven growth prospects for the global...
Amazon sued for fixing online retail prices for third-party sellers
Amazon is facing an antitrust lawsuit for allegedly fixing online retail prices for third-party sellers through contract provisions and policies on its platform. The case, filed by Washington DC Attorney…
CAIT accuses Flipkart of FDI and taxation violations
The Confederation of All India Traders (CAIT) has reportedly urged the Indian Government to launch an investigation against Walmart-owned e-commerce retailer Flipkart. The traders’ body has accused Flipkart of violating…
IoT must become the Internet of Secure Things for widescale acceptance in the 5G era
As the world reopens for business, 2021 is seen as a year of cyber security catch-up for the IoT (Internet of Things) – one of many technology themes impacted by…
The Kingfisher strategic plan bears fruit amid Covid-19
Kingfisher has had a spectacular start to its new financial year with the help of its strategic plan and benefited from ongoing high demand for DIY, as well as weak…
Retailers need to focus on employee mental health: Experts weigh in
The past year has been tumultuous, with the Covid-19 pandemic creating challenges across the retail industry. Many businesses faced closure or entered administration, including large empires such as the Arcadia…
Ralph Lauren agrees to sell Club Monaco to Regent
Fashion retailer Ralph Lauren has agreed to sell Club Monaco, its high-end casual clothing store chain, to private equity company Regent. The financial details of the transaction have not been…
