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Ethical Sourcing: How fast fashion giant H&M is setting an example in the wake of the COVID-19 crisis

At a time when an increasing number of fashion bigwigs are cancelling orders to the tune of billions of dollars, H&M has set an example by standing in solidarity with its supply chain partners in Bangladesh. "We will stand by...

eBay names Jamie Iannone Chief Executive Officer

eBay Inc. announced that the company's Board of Directors has appointed Jamie Iannone as Chief Executive Officer, effective April 27, 2020. He has also been elected to the company's Board of Directors. Most recently Iannone was Chief Operating Officer...

Walmart Grocery app pips Amazon in US in COVID-19 times

Walmart Grocery app grabbed the top position as this week in the US and hit an all-time high in downloads across all shopping apps, surpassing Amazon by 20 per cent. According to a new analysis from app intelligence firm App...

Walmart encourages customers to order online

Walmart India, which operates in the cash-and-carry format, on Monday said it is encouraging its members to buy online to avoid rush on the streets amid rise of coronavirus cases in the country. The company is witnessing an increase...

Walmart takes necessary steps to ensure health and safety of associates

As Walmart and country continue to deal with the spread of COVID-19, the brand remains focused on the health and safety of the associates. “We continue to follow and communicate the CDC’s recommended guidance on behaviors like washing hands, social...

Sameer Aggarwal promoted as CEO of Best Price, Walmart India

Retail giant Walmart on Wednesday announced to promote Sameer Aggarwal as Chief Executive Officer of Best Price, Walmart India, saying that Krish Iyer has retired from full-time management and will assume the role of an advisor to Best Price,...

Covid 19: Retailers roll out steps to maintain social distancing, sanitisation at stores

Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores. According to a PTI report: Some stores...

Walmart announces special cash bonus, plans to hire 150,000 new associates to keep up with coronavirus panic sales

Walmart announced plans to provide a special cash bonus for hourly associates for their hard work and dedication to serving customers in a time of an unprecedented national health crisis. The bonus is for all U.S. hourly associates in stores,...

Coronavirus freezes consumer-driven US economy, testing retailers

The coronavirus outbreak has transformed the US virtually overnight from a place of boundless consumerism to one suddenly constrained by nesting and social distancing.The crisis tests all retailers, leading to temporary store closures at companies like Apple and Nike,...

Flipkart rejigs top team, Menon to head new business initiative

E-commerce player Flipkart has realigned its senior management team for the upcoming new business opportunities and Adarsh Menon, Senior Vice President and Head, Private Brands, Electronics and Furniture, is set to head a new business initiative. According to reliable sources,...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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