EBay cuts 1K jobs, downsizing for the second time this year
The layoffs, affecting about 9% of the marketplace giant’s global workforce, will impact all regions where it operates.
Corporate
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carpo announces global expansion plans with London at the heart of its international journey Inbox
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Oddbox: Halloween pumpkin demand rises as heat-hit harvest exposes supply chain strain
Halloween participation is set to rise this year, but the growing seasonal opportunity comes as UK pumpkin growers face a glut of undersized produce that falls outside supermarket…
Food and beverage layoffs accelerate
The sector has slashed close to 30,000 jobs as of September, up 76% from the same period last year.
eBay cuts another 1,000 jobs despite solid growth
The e-commerce platform eBay is cutting approximately 1,000 jobs worldwide, representing 9% of its workforce. This is already the second major round of layoffs this year. The…
Nestlé tracks toward mid-term targets but not immune from Russia seizure
Philipp Navratil marked his one-year anniversary as Nestlé CEO with a set of results putting the company on course to meet mid-term targets. The post Nestlé tracks toward mid-term…
How Amazon plans to help Belgian entrepreneurs generate 2 billion euros in export revenue
Together with the Belgian federal government and the industry federation Becom, Amazon aims to accelerate export growth for Belgian SMEs: the goal is to increase exports from the…
Nestlé posts solid progress in Q3 results
Nestlé reported a solid performance in its third quarter, with sales experiencing an organic growth of 4 per cent year-on-year to approximately £20.7bn. The company’s sales in the…
P&G Flags Bigger Hit To Annual Profit, Beats Revenue Estimates
Procter & Gamble warned of profit hit from higher commodity-related costs this year, even as first-quarter sales beat Wall Street estimates.
Dragons’ Den-backed Lumberjaxe is turning up the heat on its US expansion plans
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Sainsbury’s raises FY profit outlook to £1.06bn as food sales rise
The retailer reported a statutory loss after tax of £164m due to costs associated with the agreed sale of Argos to Swift Partners
Fnac Darty grows despite unrest in France
Fnac Darty posted a 1.8% increase in revenue on a comparable basis in the third quarter. Results were driven primarily by European markets outside France and online sales. The…