U.S. meat processor Tyson Foods Inc is set to launch its plant-based food in select Asia-Pacific markets from this month in its bid to cash in on the burgeoning demand for meat substitutes in the region. Nestle SA, Impossible Foods… Read More ›
retail sales
Rishi Sunak to unveil record spending for fighting pandemic induced economic blues
In a development that highlights the challenges facing Britain, the country’s finance minister Rishi Sunak has borrowed a record $285 billion (215 billion pounds) in the first seven months of this financial year as he prepares his war chest to… Read More ›
China’s economic cools unexpectedly in April
The escalation in the U.S.-China trade war marks a stunning turning point in U.S.-China relations. With the impact of U.S. tariffs on the Chinese economy sinking in, Beijing will have to do a lot more to manage its public image…. Read More ›
Here is why Britain is a proud nation of shopkeepers
British shops proved their mettle and displayed their resilience in the face of Brexit, with retail sales jumping by a whopping 4.2% in January 2019. Retail sales in Britain rebounded strongly in January with stores, including clothing stores, dishing out… Read More ›
Hedge funds take aim at Brexit-hit retailers
Political and economic uncertainties arising out of Brexit and May’s surprise snap elections are significantly contributing to falling sales for retailers in the UK. Britain’s inconclusive general elections along with its upcoming exit from the European Union has many hedge… Read More ›
Retailers and shippers feel the pinch of free delivery costs
With FedEx and UPS unable to replicate the revenue model of Amazon.com’s $99 a year Prime membership model, shippers and retailers are feeling the squeeze. In an unassuming building located in Addison, Chicago, engineers from United Parcel Service Inc. have… Read More ›
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