German trade union Verdi has called on workers at furniture maker IKEA and the wholesaler Metro to strike on Friday as part of a long-running wage dispute in the retail sector. Rallies are planned throughout Germany in city centres or at the affected retailers - including in Hamburg, Berlin, Erfurt, Kassel, Nuremberg and Bremen. "Both companies wield a lot of influence in the employers' collective bargaining committees and are not using this to push negotiations towards an agreement," said Verdi
Godfrey Phillips: A decision in this regard was taken following a detailed review of the company's retail business division and after due consideration of the stakeholders' feedback, long-term performance, prevailing market conditions of the retail sector and long-term business strategy of the company, it added.
Retail and travel industry representatives say authorities should draw up strategies to support retailers through the mega-event economy and other initiatives.
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Brazilian billionaire Abilio Diniz, who built an empire in the supermarket retail sector, died on Sunday in Sao Paulo, according to his press office. The 87-year-old had been hospitalized at the Albert Einstein Hospital and suffered respiratory failure due to pneumonitis, his press office said in a statement. Diniz played a pivotal role in the history of Brazilian retail, serving most recently as vice-chairman of Carrefour Brasil and as a board member of the French group Carrefour.
GIRA 24: From innovative campaigns to exceptional brands, the event celebrated the movers and shakers who continue to push the boundaries of excellence.
Jeyandran Venugopal: As technology continues to evolve, Venugopal believes that e-commerce platforms will be better equipped to deliver tailored experiences and cater to the needs of consumers, ultimately driving continued growth and innovation in the retail sector.