In a significant development, employees of Starbucks Corp voted to join a union at a store in Buffalo, New York, marking the company’s first unionized company-owned location in the United States. Workers at a second location in New York voted to… Read More ›
Amazon.com’s acquisition of Whole Food Market Inc in 2017 have spurred spurred European retailers to boost their online offering so as to be in a better position to fight the world’s world’s largest online retailer. In a development that marks… Read More ›
China’s online and brick-and-mortar retailers world are being forced to take sides as both giants battle it out for dominance over China’s $13 trillion mobile payment market. Chinese tech giants, Tencent Holdings Ltd and Alibaba Group Holding Ltd are forcing… Read More ›
Its exist underscores the growing challenges facing the U.S. retail industry with consumers preferring to shop online as opposed to visiting a brick-and-mortar store. Sources familiar with the matter at hand have disclosed that activist hedge fund Starboard Value… Read More ›
If the deal goes through, Albertsons will significantly boost its presence in the U.S. Northeast where Price Chopper already has market presence. The move could help Albertsons fight off online retail giants such as ALDI Inc., Amazon.com Inc. and Wal-Mart… Read More ›
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