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Tag: chain

Boohoo sets out how it will deal with ‘substantially true’ supply chain allegations of poor working conditions and low pay

Image courtesy of Boohoo Group Allegations of poor working conditions and low rates of pay in Leicester factories serving the Boohoo Group are “not merely well-founded but substantially true”, according to the independent review that it commissioned into its business in response to allegations this summer.   The company’s monitoring of its Leicester supply chain …

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Consumers prefer the technology of chain retailers

Technology successes and failures are seriously impacting whether consumers return to a store or restaurant. As a result, consumers are increasingly choosing big chain retailers with the most current tech platforms for their shopping needs.  In the study by Boomtown, 57% of respondents who frequent large chain establishments over smaller retailers name technology as a …

Consumers prefer the technology of chain retailersRead More

18 Boohoo factories under fire as auditors reveal “critical” supply chain issues

Audit reports collected over the past four years have documented “critical” issues // Boohoo audit reports accumulated over the past 4 years set out allegations at 18 Leicester suppliers // The reports suggested that Boohoo has not shown evidence of the amount it pays its garment workers Third party auditors to Boohoo have reportedly raised …

18 Boohoo factories under fire as auditors reveal “critical” supply chain issuesRead More

Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply Chain

Walmart Canada is planning a $3.5 billion (Canadian) investment over the next five years that will impact every aspect of its business. The equivalent in U.S. dollars is $2.58 billion. At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup; Piloting “micro fulfillment centers” within …

Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply ChainRead More

Fear of Pizza Express closures as chain faces takeover by bondholders | Business

Pizza Express is set to be taken over by its bondholders, with the possibility of restaurant closures as the high street chain struggles with the loss of revenues during the coronavirus pandemic. The chain’s Chinese owner, Hony Capital, could lose control of the company as part of a debt-for-equity swap. A group of investors in …

Fear of Pizza Express closures as chain faces takeover by bondholders | BusinessRead More

Boohoo to launch independent review of supply chain | Business

The online fashion retailer Boohoo has announced it will launch an independent review of its UK supply chain after recent allegations that some factories in Leicester that sell clothes to Boohoo pay workers below the minimum wage and failed to protect them from coronavirus. Boohoo, which owns brands including Pretty Little Thing and Nasty Gal, …

Boohoo to launch independent review of supply chain | BusinessRead More

LOTS Wholesale Solutions focuses on flexible supply chain management

One of the most crucial lifelines during India’s lockdown has been an uninterrupted supply of essential goods. The continuity of the retail sector, despite the pandemic, has further cemented its core business philosophy of keeping the consumer first. During the lockdown, kirana shops have been on the frontline, dramatically altering their day-to-day daily lives to …

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Barclays double downgrades Beyond Meat, says meat supply chain has bounced back

A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters (This story is for CNBC Pro subscribers only).  Barclays analysts said in a note to clients that it is time to stick Beyond Meat in the freezer after a strong …

Barclays double downgrades Beyond Meat, says meat supply chain has bounced backRead More

PriceSmart in store expansion | Chain Store Age

Get great content like this right in your inbox. Subscribe PriceSmart keeps expanding its portfolio.   The membership warehouse club operator has opened a location in Liberia, Costa Rica, giving it a total of 46 locations. It is PriceSmart’s eighth store in Costa Rica. “We believe the opening is a real testament to the talents …

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Albertsons prices IPO | Chain Store Age

Albertsons Cos. is proceeding with its plans to go public. The supermarket giant, whose banners include Safeway, Vons, Acme, its namesake brand and others, announced an initial public offering of 65.8 million shares, at an anticipated price of  $18 to $20 per share.  At the midpoint of the proposed range, Albertsons would command a market value …

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