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Retail industry

Amazon and Reliance Industries’ battle for the Indian market heats up

Amazon and Reliance Industries’ battle for the Indian market heats up

The deal between Reliance and Future is ultimately about the future of the retail industry in India, which is home to almost 1.4 billion people. Tensions continue to escalate in the retail battle between Jeff Bezos’ Amazon.com, Inc. and Mukesh Ambani’s Reliance Industries Limited after a verdict

US retail workers demand increased health standards going into the holiday season

US retail workers demand stronger health protections going into the holiday season

Workers called out Walmart for its hypocritical stance on the virus. “They closed the corporate office until July 2021 because of the virus meanwhile we’re expected to keep risking our lives to pay for their big salaries.” Workers at big retailers in the United States like Amazon and Walmart

Neiman Marcus files for bankruptcy as 3.8 million more people file for unemployment

Neiman Marcus files for bankruptcy as 3.8 million more people file for unemployment

On Thursday, Neiman Marcus became the first major department store company to file for bankruptcy protection during the coronavirus pandemic. The company entered the bankruptcy proceedings in the US Bankruptcy Court for the Southern District of Texas. However, in a letter to customers, chief executive officer Geoffroy Van Raemdonck stressed