Live news: South Korea’s Coupang to acquire online luxury retailer Farfetch

[ad_1] Live news: Southwest Airlines fined $140mn over 2022 winter chaos  Financial Times [ad_2] Source link

Online retailer Temu sues fashion giant Shein, alleging ‘Mafia-style intimidation’

[ad_1] The company allegedly threatened vendors as part of a “desperate plan” to fight off competition from rival Temu. Shein described the claims as being “without merit”. By Daniel Binns,…

UK retailer Tesco recalls potentially moth-filled Christmas stuffing

[ad_1] The supermarket giant has warned its Apple & Cranberry Stuffing Mix is “unsafe to eat” as it may contain moths. ADVERTISEMENT UK supermarket Tesco has apologised to customers after…

After layoffs, once-hyped Seattle online retailer is shutting down

[ad_1] Seattle-based online retailer Zulily appears to be shutting down for good, according to statements on the company’s website on Saturday. “All sales are final during Zulily’s going-out-of-business sale,” the…

Lululemon shares fall as retailer gives tepid holiday outlook

[ad_1] Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey. Mike Calia | CNBC Lululemon on Thursday said it saw strong third-quarter demand and…

New Deal for Business plan is welcomed | Scottish Grocer & Convenience Retailer

[ad_1] Retail chiefs positive about Scottish Government proposals David Lonsdale is encouraged by the strategy outlined by minister Neil Gray. THE Scottish Government has unveiled priority actions to deepen and…

Lawmakers ramp up scrutiny of Shein, call for proof it doesn’t use forced labor after retailer files for IPO

[ad_1] Lawmakers are ramping up their scrutiny of Shein after it confidentially filed to go public last week. One congressman who sits on a key committee is even threatening to…

Electrolux ANZ MD explains changes to company structure – Appliance Retailer

[ad_1] Following the announcement of the Electrolux Group’s intention to simplify its global company structure, Electrolux Australia and New Zealand managing director, Kurt Hegvold explains the path ahead and what…

Daniel Křetínský pushes French retailer Casino to offload stores before bailout

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Daniel Křetínský has pushed Casino’s management to sell the…

South Africa’s biggest retailer has doubled its renewables – with enough solar to cover 26 soccer fields

[ad_1] The Shoprite Group has almost doubled the amount of renewable energy used in its operations to 103,234MWh (FY 2022: 54,138 MWh) over the past year. It achieved this by…