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Tag: protests

Shake Shack says it lost $3.2 million in sales due to protests and curfews

Shake Shack, one of the many storefront businesses boarded in downtown Brooklyn over the fears of looting. Erik McGregor | Getty Images Shake Shack said Tuesday that it lost about $3.2 million in sales in June due to nationwide protests against racism and police violence and the resulting curfews. The company’s stock, which has a …

Shake Shack says it lost $3.2 million in sales due to protests and curfewsRead More

Violent George Floyd protests – RetailBlog.com Retail Business Retail Sales Retail Jobs News Blog

As violet protests continue around the country with a police killing of George Floyd, there are more questions than answers on what are the next steps to prevent another police killing. Heavy protests in New York, Los Angeles, Minneapolis, and many other big cities costs Millions of dollars worth of damage as the county deals …

Violent George Floyd protests – RetailBlog.com Retail Business Retail Sales Retail Jobs News BlogRead More

Burberry says impact of coronavirus worse than Hong Kong protests | Business

Burberry has said the coronavirus is having a devastating effect on the luxury goods market, as wealthy Chinese consumers stay away from shops and travel restrictions curb overseas shopping sprees. The British company closed 24 of its 64 stores in mainland China and those that remained open were operating with reduced hours because shopper numbers …

Burberry says impact of coronavirus worse than Hong Kong protests | BusinessRead More

Amazon boss Jeff Bezos arrives in India as local traders plan protests, Retail News, ET Retail

Bezos, dressed in an Indian attire, paid his regards at a memorial dedicated to Mahatma Gandhi, a video posted on Bezos’ Twitter account showed. The billionaire e-commerce magnate, who is on a three-day visit, will attend a company event in New Delhi and is also likely to meet senior government officials, sources have said.Reuters  |  …

Amazon boss Jeff Bezos arrives in India as local traders plan protests, Retail News, ET RetailRead More

Amazon boss Bezos to face protests from traders during India trip, Retail News, ET Retail

NEW DELHI: Thousands of small-scale traders in India are planning to organise protests against Amazon.com Inc founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials. Bezos will participate in an Amazon event in capital New Delhi aimed at connecting with small and medium-sized enterprises, …

Amazon boss Bezos to face protests from traders during India trip, Retail News, ET RetailRead More

US retail employees call out working conditions with Black Friday protests | Business

Workers across the US are using Black Friday and Thanksgiving holiday shopping sales to address working conditions and labor issues in retail and related industries. On Black Friday, workers from the Marciano Art Foundation in Los Angeles and the American Federation of State, County and Municipal Employees (AFSCME) union, are holding protests at 45 Guess …

US retail employees call out working conditions with Black Friday protests | BusinessRead More

Fortnum & Mason reports bumper year despite Hong Kong protests | Business

Upmarket department store Fortnum & Mason has reported another year of bumper sales and profits but said its new Hong Kong store had been hit by the pro-democracy protests. Its chief executive Ewan Venters said sales in the territory were running at only half the level expected since it opened its doors last week but …

Fortnum & Mason reports bumper year despite Hong Kong protests | BusinessRead More

Traders’ body holds nation-wide protests; demands ban on Amazon, Flipkart, Retail News, ET Retail

New Delhi: Trade associations observed “National Protest Day” on Wednesday and held protest dharnas against “unethical trade practices” of leading e-commerce firms like Amazon and Flipkart in over 700 cities across the country, CAIT said. The traders’ body, which has been alleging that these e-commerce firms were adopting unethical trade practices and are openly violating …

Traders’ body holds nation-wide protests; demands ban on Amazon, Flipkart, Retail News, ET RetailRead More

Burberry and Cathay Pacific profits dented by Hong Kong protests | Business

Two companies with substantial interests in Hong Kong have announced figures that underline the damage being inflicted on the economy by the continuing anti-government protests. Burberry said its sales were down more than 10% and it had slashed £14m off the value of its 12 stores in the territory. Separately, the airline Cathay Pacific said …

Burberry and Cathay Pacific profits dented by Hong Kong protests | BusinessRead More

Starbucks CEO says after Hong Kong protests ‘focus’ is on employee safety

Starbucks CEO Kevin Johnson said the coffee chain is focused on the safety of its baristas after Hong Kong protesters targeted its cafes. “We’re in 81 markets around the world, and we deal with geopolitical issues all the time, but my focus and my priority is really focusing on the safety and security of our …

Starbucks CEO says after Hong Kong protests ‘focus’ is on employee safetyRead More