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Tag: global

Coronavirus round-up: Forrester predictions on global sales, Co-op Central England, Intu and as small businesses move online fast

We’re reporting on the effect of the Covid-19 coronavirus pandemic on the way UK shoppers buy – and on how retailers are responding to that changing behaviour. This update comes as, as of 9am on April 30, 171,253 people have tested positive for coronavirus and 26,771 people have died following a positive Covid-19 test result. …

Coronavirus round-up: Forrester predictions on global sales, Co-op Central England, Intu and as small businesses move online fastRead More

Amazon extends global Amazon Relief Fund to delivery partners in India, Retail News, ET Retail

NEW DELHI: E-commerce major Amazon on Friday said it will extend its global USD 25 million relief fund to associates part of its delivery programmes in India to provide support amid the coronovirus pandemic. Amazon has extended the Amazon Relief Fund to associates part of its Delivery Service Partner Programme, Amazon Flex programme and trucking …

Amazon extends global Amazon Relief Fund to delivery partners in India, Retail News, ET RetailRead More

Primark announces wage fund for garment workers | Global development

Primark, one of the UK’s most popular retailers, has announced it will create a fund to help pay the wages of the millions of garment workers affected by its decision to cancel tens of millions of pounds worth of clothing orders from factories in developing countries across the world. The pledge followed sustained criticism of …

Primark announces wage fund for garment workers | Global developmentRead More

CGF board of directors and WHO COVID-19 Special Envoy emphasise need for global co-ordination in securing consumer product supply chains

The Consumer Goods Forum (CGF) board of directors today issued a statement emphasising the need for global coordination in securing food, beverage, hygiene and personal care product supply chains. The full statement is below: Food, beverage, hygiene and personal care products are essential to people’s daily existence through this pandemic. Today, around the world, the 400 member …

CGF board of directors and WHO COVID-19 Special Envoy emphasise need for global co-ordination in securing consumer product supply chainsRead More

Macy’s to be replaced on S&P 500 by Carrier Global

Shoppers walk outside the Macy’s store in New York’s Herald Square January 11, 2019. Don Emmert | AFP | Getty Images Macy’s is being removed from the S&P 500 Index and replaced by air conditioning company Carrier Global, according to S&P Dow Jones Indices, which oversees the index. The clothing retailer will move to the S&P 600 …

Macy’s to be replaced on S&P 500 by Carrier GlobalRead More

eCommerce — 2020 Will Provide Insights For Global Investment Needs

While no single tool can provide all the answers when examining potential expansion opportunities, the Forrester Readiness Index (FRI) for eCommerce uses a wide breadth of data to aid retailers in identifying key markets for investment and potential growth opportunities. The 2020 version of the FRI report features an updated framework that evaluates 15 quantitative …

eCommerce — 2020 Will Provide Insights For Global Investment NeedsRead More

Walmart, Walmart Foundation commits $25 mn to global coronavirus response effort, Retail News, ET Retail

New Delhi: To help meet the critical needs resulting from the global COVID-19 pandemic, Walmart and the Walmart Foundation have committed $25 million to support organizations on the front lines responding to the outbreak, the company said. “In times of need, we see communities come together to do extraordinary things. This pandemic is no different,” …

Walmart, Walmart Foundation commits $25 mn to global coronavirus response effort, Retail News, ET RetailRead More

Global retail industry venture financing deals total US$ 772.14m in January 2020

Total retail industry venture financing deals in January 2020 worth US$ 772.14m were announced globally, according to GlobalData’s deals database. The value marked a decrease of 24.6 percent over the previous month and a rise of 9.7 percent when compared with the last 12-month average, which stood at US$ 704.01 million. Comparing deals value in …

Global retail industry venture financing deals total US$ 772.14m in January 2020Read More

WHP Global looking for more brands to buy; it now has the money

Yehuda Shmidman Peter Foley | Bloomberg | Getty Images Brand management company WHP Global is getting another big investment as it looks for brands to rescue. Oaktree Capital Management is adding $150 million to its equity stake in WHP Global, taking Oaktree’s total investment to $350 million. The latest capital raise, in addition to a …

WHP Global looking for more brands to buy; it now has the moneyRead More

For India to create more tech unicorns, govt should break up monopolies of global internet giants, Retail News, ET Retail

By Gaurav DalmiaStakes for the Indian technology sector are high. Last year, $13.5 billion was invested in Indian tech startups. Flipkart, Paytm and Ola raised $4 billion, $1.4 billion and $1.1 billion, respectively. The remaining went to 882 startups, all hoping to disrupt industries. The stakes for Indian consumers are higher still. India’s middle class …

For India to create more tech unicorns, govt should break up monopolies of global internet giants, Retail News, ET RetailRead More