retailer

H&M to cut 1,500 jobs worldwide

STOCKHOLM, Sweden | Swedish fashion retailer H&M said Wednesday it would cut some 1,500 jobs worldwide as a result of…

4 months ago

PM: EAC agrees to give more aid for MSMEs affected by the floods

The govt has provided various aid to assist the victims, including those who require house renovations and even new homes…

1 year ago

Prices outpacing wages, says study

Prices of groceries will increase 15% post-CNY celebration, a retailer says by AZREEN HANI & AUFA MARDHIAH / pic by MUHD…

1 year ago

Mr DIY’s profit shrinks 20.4%

by BERNAMA MR DIY Group (M) Bhd saw its net profit shrank to RM90.35 million in the third quarter ended…

1 year ago

Saudi Group Buys Mumzworld in Landmark Mideast Deal Led by Women

by BLOOMBERG A Saudi conglomerate will buy the Middle East’s largest online children-goods retailer as it faces increasing competition from…

2 years ago

Ramadhan will never be the same

The yearly Ramadhan practices of iftar gatherings and tarawih prayer have to be put on hold due to the pandemic…

3 years ago

EPF buys Sport Direct International’s property in UK for RM562m

by SHAHEERA AZNAM SHAH / pic by BLOOMBERG The Employees Provident Fund (EPF) has acquired the logistics property of Sports…

4 years ago

M&S plunges on JV deal with Ocado

The agreement raises questions about the strategy of M&S, will unseat Waitrose as Ocado’s main grocery supply source by BLOOMBERG…

4 years ago

World’s largest Ikea to open in Manila

MANILA • The world’s largest Ikea store will open in 2020 in the Philippines as the Swedish furniture retailer presses…

4 years ago

M&S to shut a-third of UK clothing stores amid online push

LONDON • Marks & Spencer Group plc (M&S) plans to close around a third of its large UK stores over…

5 years ago

Amazon goes where no retailer has gone before for endangered art

The e-commerce company aims to increase the appeal of its site by adding hundreds of exquisite handmade arts and crafts…

5 years ago

Walmart may be urged to take Flipkart public

By BLOOMBERG NEW YORK • Walmart Inc, the world’s largest retailer, could be forced to publicly list its newly acquired…

5 years ago

H&M price targets beaten back 12 years as bad news keeps flowing

by BLOOMBERG Hennes & Mauritz AB has already lost almost a fifth of its market value this year. Now, analysts…

5 years ago