Indian e-commerce companies may run into more competition in the months ahead with global entities such as Alibaba, Rakuten and Walmart seriously eyeing the Indian market.
Founded by two ex-Amazon employees Sachin and Binny Bansal, Flipkart has been changing its formats and strategy over the last year with Amazon’s entry.
Australia's largest retailer of consumer electronics products announced plans of listing on the Australian Securities Exchange (ASX).
Dick Smith Holdings Limited (Dick Smith) lodged the prosecutes for the Initial Public Offering (IPO) with the Australian Securities and Investments Commission (ASIC) on Thursday.
Based on a share price of AUD2.20 per share, the company expects the offering to raise AUS344.5 million (USD).
After nearly 14 years of working to persuade China to buy into its foreign coffee culture, Starbucks Corp. is aiming to become more Chinese as it plans a rapid expansion in the country.
Belinda Wong, president of Starbucks China, said in an interview that Starbucks aims to roll out 800 new stores in the next three years to add to its existing fleet of 700. Over that period it will increase the number of employees to more than 30,000 from the current 12,000.
According to the fifth annual edition of the Global Retail Theft Barometer, retail shrinkage rate in Japan is 1.04 percent of sales, the third-lowest in the world. However, this rate was up 4 percent compared to the previous year. The total shrinkage amount – profit loss due to customer and employee theft, supplier/vendor fraud and administrative errors – in Japan reached JPY774 billion (USD9.96b), the second-highest worldwide, representing almost 53 percent of the total sum in the Asia-Pacific.
The Australian statutory office Fair Work Ombudsman has warned the major supermarket chains could face penalties if they fail to ensure trolley workers are paid fairly.
In a speech on Friday, Fair Work Ombudsman Natalie James said she was concerned the grocery giants were solely focused on cost, placing vulnerable staff at risk.
Labour leaders behind the biggest strikes in Cambodia's USD5 billion garment industry knew last year they had a strong case for higher wages: they had already compared notes with activists in neighbouring countries.
The result was a 25 percent increase in the minimum pay for an estimated 600,000 garment workers, to USD100 a month, the biggest jump in around 15 years. Now, they're asking for more.
Apple Inc on Tuesday released a report on employee diversity, and its numbers are similar to those of other Silicon Valley companies, prompting Chief Executive Tim Cook to say there is still work to be done.
The employee survey comes on the heels of recent reports from technology companies Google Inc and Twitter Inc, but it is unique in one significant way. It alone is accompanied by letter from a company CEO, in which Cook stresses the company's commitment to being "innovative in advancing diversity."
The National Wage Council of Vietnam will ask the Prime Minister for an average increase of 15.1 percent in region-based minimum wages next year.
Regional minimum wages are now decided by the council, which was established last year. It provides an equal voice to the Government, employers' organisations and trade unions. If approved, the wages would be applied to every private sector company, business, co-operative, farm, household, individual and organisation that hires people.
Carrefour Supermarkets in Istanbul will be using a fingerprint recognition terminal for access control and time and attendance management.
The technology from Suprema Inc., BioEntry Plus, is a distributed IP system terminal with the high level security provided by biometrics. The system provides efficient management of access control and time and attendance for the more than 5,000 employees working at stalls located across the country.