Walmart
Alice Walton: How the Walmart heiress became the richest woman in the world
Alice Walton, the sole female heir to the untold fortune of Walmart, is now the richest woman in the world.
Food firms’ American dream
Serres-based dairy company Kri Kri is already in the process of sending the first shipments of Greek frozen yogurt to the other side of the Atlantic.
Although this step was expected from next year, its presence at the recent International Dairy Deli Bakery Association Show in Houston, Texas seems to have opened the doors to the Greek company earlier.
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Higher costs dent Nike profits
Nike reported a drop in quarterly profits on June 30 despite higher sales due to the drag from increased costs and the liquidation of unwanted merchandise.
The sports giant reported profits $1.0 billion for the quarter ending May 31, down 28 percent from the year-ago period.
Revenues rose 5 percent to $12.8 billion.
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Walmart lifts wages at US stores again
Walmart announced on Jan. 24 it will again raise pay for hourly staff, an indication of persistent tightness in the labor market for front-line employees despite layoffs in the tech sector.
The retail giant, the biggest private employer in the United States, is boosting the pay range at U.S. stores to between $14 and $19 an hour from the prior $12 to $18 an hour.
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Wall Street Shares Collapse because of Ukraine
Shares of Wall Street collapsed today amid growing fears of a potential Russian invasion of Ukraine, AFP reported. Markets ignored the good results of Walmart and other companies.
Price of Gold with a Max. Value since June
The Dow Jones Industrial Average ended 1.8 percent, a loss of more than 620 points and ended at 34,312.03 points.
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Amazon Workers Strike, Call For Prime Day Boycott To Protest Working Conditions
Amazon Prime Day 2018 has begun, and while many shoppers are hoping to score some good deals, others are calling for boycotts. As reported by Vox, Amazon employees in Europe officially began striking last week to push for better working conditions. Supporters are encouraging shoppers to boycott Amazon Prime Day, with some even extending the boycott to Amazon-owned properties like Twitch.
Interpreting the data becomes the advantage
Companies from all industries are realising that their customers leave a lot of useful data from both online and in-store interactions. The use of predictive analysis is one way in which companies can make the most of available data to optimise business processes and achieve higher efficiency levels. How have companies achieved this?
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Walmart buys 77 pct stake in India's Flipkart for $16 bln
U.S. retail behemoth Walmart said on May 9 it will buy a 77 percent stake in Indian online sales giant Flipkart for $16 billion in the world's biggest e-commerce deal.
Sainsbury's in $10 bln swoop on Asda to create top UK supermarket
Sainsbury's has agreed to buy Walmart's Asda for about 7.3 billion pounds ($10 billion) to create Britain's biggest supermarket group by market share, overtaking long-standing industry leader Tesco.
Sainsbury's, Walmart's Asda to create UK supermarket powerhouse
Sainsbury's and Walmart's Asda are in talks to create Britain's biggest supermarket group, a combination which would surpass Tesco's grocery market share and be worth up to 15 billion pounds ($20.7 billion).