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Day: March 10, 2020

Walmart deploys new emergency leave policy, Kentucky associate has coronavirus

A Walmart store is seen as the company reported fiscal fourth-quarter earnings that fell short of analysts’ estimates on February 18, 2020 in Miami, Florida. Joe Raedle | Getty Images Walmart said Tuesday it is deploying an emergency employee leave program as the retailer confirms one of its store associates in Cynthiana, Kentucky, has tested positive …

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Redundancies at SecretSales | News

Last week the company axed 11 roles across its headquarters in London’s and its two remote offices, while a further seven employees were let go today. The roles are across the buying, digital and logistics teams.  The redundancies are thought to account for more than 20% of the company’s total head count.  It comes after the company …

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Stitch Fix shares are tanking, biz could be near ‘saturation point’

Katrina Lake, founder and chief executive officer of Stitch Fix Inc. Patrick T. Fallon | Bloomberg | Getty Images Stitch Fix shares are cratering as Wall Street questions the longevity of a business that ships customers clothes on a fixed basis, using data science to curate outfits they might like. Its stock was last down …

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UK shoppers rush to buy frozen food and freezers amid coronavirus outbreak | Business

Sales of both freezers and frozen food have surged in the UK amid panic buying by Britons worried about the spread of coronavirus. The online appliance retailer AO.com said freezer sales jumped more than 200% last week as worried shoppers sought to increase their ability to store food. John Lewis also reported a big uplift …

UK shoppers rush to buy frozen food and freezers amid coronavirus outbreak | BusinessRead More

Darden begins offering paid sick leave to all workers amid coronavirus outbreak

Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants said Monday it is providing paid sick leave for all hourly workers across its restaurant chains. Olive Garden’s parent company said it has been working on the policy for a while, but sped up the process …

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The role of renewable energy in T-Mobile’s business strategy

Sustainability is becoming a core focus of global businesses, both to ensure that companies minimize their environmental impact and also to benefit long-term growth. T-Mobile adopted renewable energy as part of its sustainability strategy back in 2018 and has committed to use 100% renewable energy by 2021. To help achieve its ambitious target, T-Mobile partnered …

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