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Food Retailing

Retailers Clamp Down on Returns

By one measure, it costs a retailer $27 to process $100 worth of returns. Discouraging returns has become a top priority for merchants looking to boost profits. By one measure, it costs a retailer $27 to process $100 worth of returns. Discouraging returns has become a top priority for merchants looking to boost profits. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary…

Shein Makes a Comeback in India, Teams Up with Reliance Retail

With the agreement, Shein is likely to source fabrics from small businesses in India, which could help the company to diversify its supply chain beyond China. With the agreement, Shein is likely to source fabrics from small businesses in India, which could help the company to diversify its supply chain beyond China. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary…

The World's Biggest Economies Cautiously Open Their Doors to More Foreign Workers

The U.S. remains divided over immigration while its global rivals lower barriers to ease persistent labor shortages. The U.S. remains divided over immigration while its global rivals lower barriers to ease persistent labor shortages. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Why Amazon Isn’t Checking Out of Groceries

Amazon is still barely scratching the surface of the grocery market despite years of efforts. Stepping it up will require the e-commerce pioneer to get a lot more physical.A shopper exits a cashier-less Amazon Go store in Seattle. David Ryder/Getty Images Amazon is still barely scratching the surface of the grocery market despite years of efforts. Stepping it up will require the e-commerce pioneer to get a lot more physical.A shopper exits a cashier-less Amazon Go store in Seattle. David Ryder/Getty Images FOLLOW US…

Biggest Grocery Union Opposes $20 Billion Kroger-Albertsons Deal

The United Food and Commercial Workers International Union said it opposes the planned merger between Kroger and Albertsons , adding to tensions over the $20 billion supermarket deal. UFCW International, the biggest U.S. union representing grocery workers, is concerned about what President Marc Perrone said was a lack of information provided by the companies about the merger, including on potential store divestitures. The labor group is also worried about the viability of stores that could be sold…

Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport

Flexport is buying Shopify’s logistics-fulfillment operations, including U.S. e-commerce platform Deliverr, setting up the freight company to add home-delivery services that would compete with Amazon.com for retailer business. Shopify is also selling its 6 River Systems warehouse robotics operation to U.K. automated grocery-fulfillment specialist Ocado Group. Shopify, a Canada-based online retail-services platform that has struggled…

The Instacart CEO Turns To Mark Zuckerberg and Others for Advice

In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those people have shaped their perspective and helped them succeed. Previous installments from the series are here. When Fidji Simo was named chief executive of Instacart Inc. nearly two years ago, the grocery-delivery company was experiencing a pandemic-driven boom.  In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those…

Inside the Struggle to Make Lab-Grown Meat

Prospects for lab-grown meat to land on American dinner plates got a boost last fall when the Food and Drug Administration for the first time declared cultivated chicken, grown by Upside Foods, safe to eat.  “It’s nearly time to eat cultivated meat,” Eric Schulze, Upside’s vice president of global scientific and regulatory affairs, said on Twitter as the company toasted the milestone with Champagne emojis. “Our Upside chicken is coming to consumers very soon.”  Prospects for lab-grown…

This Couple Built an Obscure Corner of Sports Betting Into a Billion-Dollar Business

VANCOUVER—A husband-and-wife team founded a tech company here that is quietly policing nearly every bet made in the multibillion-dollar online-gambling industry in the U.S. GeoComply scrutinizes nearly every online bet on sports to determine whether the wager is happening in a state where it’s legal. Over the past five years, the company has signed on DraftKings , FanDuel, BetMGM, Caesars and other betting operators as customers as online gambling rapidly expanded across the U.S. …

Whole Foods Plans Corporate Job Cuts, Shuffles Structure

Whole Foods Market is planning to cut several hundred corporate jobs, the company said, as the grocer reorganizes its structure to simplify operations.  The Amazon.com Inc. -owned grocer, which operates across nine regions, will now have six, according to a Thursday memo viewed by The Wall Street Journal. The company is adjusting structures of some corporate teams resulting in staff cuts, according to the memo. Employees affected by the restructuring will be informed Thursday. Whole Foods isn’t closing…