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Should young people be paid less than their older counterparts, even if they’re working the same job? Whether you think it’s fair or not, it’s been standard practice in many industries for a long time. The argument is that young people are not fully “work-ready” and require more intensive employer support to develop the right skills for their job. But change could be on the horizon.
Last month, American pizza chain Little Caesars closed its last store in Singapore at Funan Mall, marking the end of six years of operations in the city-state. Little Caesars is just one in a series of restaurants closing down in the country this year, including one-Michelin-starred Sommer, Bam!, Ristorante Da Valentino and Voyage. According to Singapore’s Accounting and Corporate Regulatory Authority, last March saw the closure of 234 F&B businesses.
McLaren has unveiled the W1, a car that encapsulates the brand's supercar philosophy while celebrating the 50th anniversary of its first Formula 1 World Championship victory.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
More than 70 retail bosses including execs from M&S, Primark, Poundland, Ikea and Tesco have written to Chancellor Rachel Reeves calling for reform of the current business rates system ahead of the Autumn Statement at the end of this month. The open letter, coordinated by the British Retail Consortium, urges the new Chancellor to “level the playing field between industries with a retail adjustment to rates”.
Ocado is promoting products made by women with a ‘Buy Women Built’ online section, selling more than 1,000 products made by female entrepreneurs. Buy Women Built banners will launch across Ocado’s app, website and an ‘Inspire Me’ tab from tomorrow. Coffee Republic founder Sahar Hashemi set up campaign group Buy Women Built and convinced Ocado to launch the initiative to help boost sales at female-founded firms.
Ocado is promoting products made by women with a ‘Buy Women Built’ online section, selling more than 1,000 products made by female entrepreneurs. Buy Women Built banners will launch across Ocado’s app, website and an ‘Inspire Me’ tab from tomorrow. Coffee Republic founder Sahar Hashemi set up campaign group Buy Women Built and convinced Ocado to launch the initiative to help boost sales at female-founded firms.
Net a Porter owner YNAP is set to be snapped up by German ecommerce platform MyTheresa, according to reports. MyTheresa is reported to the only remaining bidder in the running to buy YNAP – which includes Yoox, Net a Porter and Mr Porter – after private equity firms Bain Capital and Permira are understood to have pulled out of the race to buy the luxury fashion platform from Swiss group Richemont, according to The Fashion Law (TFL).
Samsung Electronics is set to report a substantial increase in quarterly profit on Tuesday, anticipated to exceed four times the figure from the previous year, driven by rising demand for chips.
Do you ever wonder what customers are thinking when they enter your store? Those critical first seconds create impressions that often determine how long the customer will stay and shop. Here’s a First Impression Perception Checklist to enhance the in-store experience. And put more money in your pocket! ¨ Is your exterior sign visible and easy to read?
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Rio Tinto has publicly acknowledged its interest in acquiring Arcadium Lithium, as announced on October 7, 2024, from Melbourne, Australia. The company has made a non-binding approach, which means that there is no guarantee that a deal will materialize.
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The founder of Mulberry has said the brand would be a more natural fit with the likes of a big luxury player such as LVMH following last week’s takeover bid from Mike Ashley’s Frasers Group. Roger Saul admitted the retailer had struggled in recent years, claiming it has become “too reliant on handbags”. Saul told This is Money : “The company needs to go back to the spirit of the brand as a whole.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Jason’s Sourdough, the UK’s No.1 sourdough brand, is excited to announce its expansion into the dynamic food-to-go category with the launch of a new range of premium toasties and hot rolls. Building on its rapid success in the bread category, Jason’s Sourdough is taking its iconic bread to new heights by creating a delicious and […] If you want mor
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Zaytoun, the social enterprise supporting producers in Palestine through fair trade, is pleased to announce its Fairtrade certified organic extra virgin olive oil will now be stocked in 250 Co-op stores nationwide.
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