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Tag: plans

McDonald’s is halting its U.S. reopening plans as coronavirus cases spike

A worker cleans the floor in a McDonald’s restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images McDonald’s is pausing its U.S. reopening plans for 21 days as coronavirus cases spike across the country. States like Michigan, Colorado and Florida have been responding to the recent surge …

McDonald’s is halting its U.S. reopening plans as coronavirus cases spikeRead More

Nike plans up to 200 small-format stores, despite 38% revenue drop

Dive Brief: Nike revenue declined 38% in the fourth quarter, falling to $6.3 billion, according to a company press release. The retailer swung to a loss of $790 million, from income of $989 million the year before. That represented a 180% decline. While revenues in Greater China were only down 3%, North America was down …

Nike plans up to 200 small-format stores, despite 38% revenue dropRead More

Walmart plans to hire 50,000 additional employees

An employee scans grocery items for pickup order at a Walmart Inc. store in Burbank, California, U.S., on Tuesday, Nov. 26, 2019. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Friday that it has reached its goal of hiring 150,000 additional employees. Now, it said it plans to add 50,000 more to keep up …

Walmart plans to hire 50,000 additional employeesRead More

Amazon in contact with coronavirus test makers as it plans pandemic response, Retail News, ET Retail

Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters. The chief executives of Abbott Laboratories and Thermo Fisher Scientific Inc have told Amazon they would …

Amazon in contact with coronavirus test makers as it plans pandemic response, Retail News, ET RetailRead More

Lockdown: Swiggy plans to serve 5 lakh meals daily to the needy

Food delivery platform Swiggy on Thursday said it has tied up with commercial kitchens, NGOs and state governments to provide daily meal to thousands of underprivileged, daily wagers and stranded migrant labourers during the 21-day lockdown. Having served over 2,50,000 meals so far, Swiggy is in the process of crowdsourcing funds from corporates and individuals …

Lockdown: Swiggy plans to serve 5 lakh meals daily to the needyRead More

Walmart announces special cash bonus, plans to hire 150,000 new associates to keep up with coronavirus panic sales

Walmart announced plans to provide a special cash bonus for hourly associates for their hard work and dedication to serving customers in a time of an unprecedented national health crisis. The bonus is for all U.S. hourly associates in stores, clubs, supply chain and offices. The bonus will be US$ 300 for full-time hourly associates …

Walmart announces special cash bonus, plans to hire 150,000 new associates to keep up with coronavirus panic salesRead More

india e-commerce policy: India plans e-commerce regulator, tighter controls under new policy

By : Aditya Kalra and Aftab Ahmed NEW DELHI : India wants to set up an e-commerce regulator and force companies such as Amazon to swiftly turn over information sought by authorities as part of a new policy being drafted, two sources familiar with the plan told Reuters. The new policy will be India’s latest …

india e-commerce policy: India plans e-commerce regulator, tighter controls under new policyRead More

Starbucks to offer national delivery, plans new China facility and stores

Starbucks is ramping up delivery capabilities in the wake of its temporary “to go”-only store operations policy. The coffee retailer will offer its Starbucks Delivers on-demand delivery service across the country by the end of April. Starbucks Delivers, which is provided in partnership with Uber Eats, will be available in all 48 states where both …

Starbucks to offer national delivery, plans new China facility and storesRead More

WoodenStreet opens 2 new stores in South India; plans to invest Rs 15 crore for further expansion

Investing a total of Rs 5 crore (approx.), custom furniture start-up WoodenStreet has begun its second South Indian expansion drive by opening two new experience stores in Hyderabad. These stores are located in Banjara Hills and Miyapur. The first such expansion drive within South India had erected three experience stores within Bengaluru – in HSR …

WoodenStreet opens 2 new stores in South India; plans to invest Rs 15 crore for further expansionRead More

Tesco plans £2.5bn pension top-up with Thai and Malaysia sales | Business

Tesco is planning to hand out £5bn to shareholders and pump £2.5bn into its pension fund after lining up the sale of its Thai and Malaysian businesses. Thai conglomerate CP Group, which operates thousands of 7-Eleven stores in Thailand and the Siam Makro cash and carry chain, has agreed to buy Tesco Lotus in Thailand, …

Tesco plans £2.5bn pension top-up with Thai and Malaysia sales | BusinessRead More