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Tag: tells

Display country of origin by August 1, Govt tells ecommerce companies, Retail News, ET Retail

New Delhi | Bengaluru: The government has asked ecommerce platforms such as Amazon and Flipkart to display the country of origin on new products listed by sellers on their sites by August 1 and legacy items by October 1 without stipulating a deadline. The companies sought more time to implement the changes, which are part …

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Nordstrom tells landlords to expect just half their rent until January 2021

Dive Brief: Nordstrom June 3 notified landlords of its full-line and off-price Rack stores that it will pay only half the occupancy costs for the remainder of the year, according to a letter from President of Stores Jamie Nordstrom to property owners, which was obtained by Retail Dive. A Nordstrom spokesperson didn’t immediately respond to …

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Nike CEO John Donahoe tells employees that layoffs are coming

People walk past a Nike store in New York. Carlo Allegri | Reuters On the same day that Nike announced dismal earnings, CEO John Donahoe sent an email to employees warning them that layoffs are coming.  “We will soon be forced to make some difficult choices that will likely result in a net reduction of jobs,” the …

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Amazon tells staff globally to work from home if possible, Retail News, ET Retail

Amazon.com Inc on Thursday said it was recommending that employees globally work from home this month if they are able to do so, while warehouses and other facilities stayed operational so packages could keep shipping to customers. The policy, an update to an earlier advisory that employees in just a handful of regions work remotely, …

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Rent the Runway tells customers it is cleaning its clothes

The fitting rooms at Rent the Runway’s flagship store in New York City. Source: Rent the Runway Rent the Runway is assuring its customers that its cleaning practices “are designed to kill viruses such as the common cold and flu,” in the midst of a deadly outbreak of a new type of coronavirus. The clothing …

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Amazon uses aggregated seller data to help business, it tells lawmakers, Retail News, ET Retail

By Nandita Bose and Jeffrey Dastin WASHINGTON – Amazon.com Inc uses “aggregated data” from sellers in its third-party marketplace to improve its overall business, the online retailer said in response to a congressional antitrust probe that could raise concerns with such sellers. Such data, also culled from public sources and Amazon’s first-party sales, is available …

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Trump’s China trade war losses will never be recovered, shipping data tells us

A cargo chip (L) arrives into the Port of Los Angeles, the busiest container port in the U.S., after departing from the Port of Yantian, China, on November 7, 2019 in San Pedro, California. Mario Tama | Getty Images President Trump announced a month ago that his administration had clinched a trade deal with China. …

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Piyush Goyal tells ecommerce companies, Retail News, ET Retail

NEW DELHI: Commerce and industry minister Piyush Goyal has warned ecommerce companies of strict action if they don’t halt predatory pricing on their platforms, flouting foreign direct investment (FDI) rules, said officials with knowledge of the matter. The issue figured in a discussion Goyal had with Amazon India head Amit Agarwal on November 5, they …

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Mike Ashley tells MPs to investigate collapse of Debenhams | UK news

Mike Ashley has stepped up his campaign for an investigation into the collapse of Debenhams, claiming MPs are more interested in their own PR than rooting out corporate wrongdoing. In a two-page letter to the MP Rachel Reeves, seen by the Guardian, the Sports Direct chief executive wrote: “No one in parliament seems sufficiently interested …

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