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Tag: pay

Lego sees multichannel investment pay off as ecommerce expanded fast during Covid-19

Image courtesy of Lego Group Lego says it has benefited from its multichannel investments as digitalisation and ecommerce gained pace during the Covid-19 pandemic.   The toy brand, which sells via this week announced rising sales in the first half of its financial year as adults and children alike turned to its products during lockdowns. …

Lego sees multichannel investment pay off as ecommerce expanded fast during Covid-19Read More

Boohoo shareholders demand answers after shares plunge by a third | Business

Shareholders in Boohoo are seeking answers from the company over conditions for workers supplying its garments after the online fashion specialist’s shares plunged more than £1.5bn in two days. The company has lost nearly a third of its value since Friday afternoon after Boohoo said on Monday it was investigating claims that staff at one …

Boohoo shareholders demand answers after shares plunge by a third | BusinessRead More

Study: Consumers pay more for brands in sync with their beliefs

Get great content like this right in your inbox. Subscribe Providing a brand purpose takes effort, but pays dividends. According to a new study of 19,000 consumers age 18-73 in 28 countries from IBM and the National Retail Federation (NRF), one-third of all respondents will stop buying their preferred products if they lose trust in …

Study: Consumers pay more for brands in sync with their beliefsRead More

H&M shoppers in U.S. can shop now, pay later — across stores and online

Get great content like this right in your inbox. Subscribe H&M is giving its shoppers another payment option.  The fast-fashion giant, in collaboration with global payments provider Klarna, is deploying a new, personalized payment solution enabling a frictionless and flexible checkout for U.S. customers. With the new “Pay Later” solution, shoppers who are members of …

H&M shoppers in U.S. can shop now, pay later — across stores and onlineRead More

How has Brexit vote affected UK economy? December verdict | Business

Sterling surges on Johnson’s election landslide The pound has risen sharply over the past month as currency traders in the City of London bet that an election victory for Boris Johnson’s Conservatives would lift some of the intense political uncertainty facing Britain. Sterling jumped by more than two cents against the US dollar and the …

How has Brexit vote affected UK economy? December verdict | BusinessRead More

Coles to pay milk supplier $5.25m after allegedly failing to pass on full price increase | Business

Supermarket giant Coles has agreed to pay an extra $5.25m to one of its milk suppliers to settle a stoush with the consumer watchdog over whether it was passing all of a 10c a litre price increase on to dairy farmers. The Australian Competition and Consumer Commission began investigating Coles following a promotional campaign in …

Coles to pay milk supplier $5.25m after allegedly failing to pass on full price increase | BusinessRead More

Walmart offers Thanksgiving workers measly discount in place of holiday pay | Business

Thanksgiving and Black Friday mark the beginning of the festive season in the US, but Walmart workers are not feeling the cheer. The world’s largest retailer will not be offering staff extra pay for working some of the busiest days of the year. Instead they will be offered a discount to shop at their own …

Walmart offers Thanksgiving workers measly discount in place of holiday pay | BusinessRead More

Alibaba to pay banks up to $32.3 mln in fees for Hong Kong listing, Retail News, ET Retail

By Scott Murdoch Alibaba will pay its investment banking syndicate up to $32.3 million for leading its Hong Kong listing which will raise up to $12.9 billion, according to documents filed with U.S. securities regulators. The Chinese e-commerce giant employed two co-sponsors, China International Capital Corporation (CICC) and Credit Suisse , to head the deal …

Alibaba to pay banks up to $32.3 mln in fees for Hong Kong listing, Retail News, ET RetailRead More

Lidl’s 19,000 UK staff to get pay rise in line with living wage | Business

Lidl is giving its UK staff a pay rise worth £10m with a higher hourly rate likely to propel it to the top of the supermarket pay league table. The retailer said 19,000 employees would get a pay rise in March when its hourly rate would move from £9 to £9.30 outside London and from …

Lidl’s 19,000 UK staff to get pay rise in line with living wage | BusinessRead More