Starbucks announces mass store closures and layoffs
- 25-Sep-2025
Starbucks is taking “significant action” to turn around its struggling business, closing a large number of cafés and announcing a second round of layoffs at its headquarters as part of CEO Brian Niccol’s efforts to resuscitate the troubled chain. Niccol announced Thursday that Starbucks will close hundreds of stores this month, or about 1 percent […]
China’s Miniso announces expansion plans
- 14-Sep-2021
Chinese retailer Miniso Group will open a ‘flagship’ New York store and nearly double its U.S. outlets this year, betting post-pandemic shoppers on a budget will snap up cheap but fun goods for homes and work like $10 soft toy cats and $4 staplers shaped like avocados. At less than 60 outlets, Miniso’s U.S. presence […]
Apple temporarily shuts California stores in virus surge, some in UK after new curbs
- 20-Dec-2020
Coronavirus cases are increasing in the United States and the United Kingdom, with the US having had over 17.4 million infections and about 314,000 deaths.
Make-up testers to be removed from open display of stores
- 25-Mar-2020
All make-up product testers including lipstick will be removed from stores as global coronavirus tally surpasses 400,000 cases.
LHC imposes ban on use of plastic bags
- 06-Mar-2020
Justice Shahid Kareem remarked that polythene bags will be banned across Punjab in next phase.
No crowds as Apple’s iPhone 11 hits stores
- 21-Sep-2019
Analysts said they had gotten off to a better start than the last cycle a year ago.
Starbucks shuts 8,000 stores for anti-bias training
- 29-May-2018
Starbucks appealed to customers for forgiveness in a row over racial profiling on Tuesday, saying its behaviour towards two black American customers last month had been reprehensible as it closed 8,000 stores for anti-bias training. The company has settled privately with the two men after the incident in a Philadelphia store on April 12 and […]
All Toys “R” Us shops to shut in Britain
- 14-Mar-2018
LONDON: Toys “R” Us stores will disappear from Britain’s shopping streets within six weeks, joint administrators for the retailer said on Wednesday, announcing plans to close the group’s remaining 75 shops. The administrators said in a statement they had not been able to find a buyer for all or part of the business, resulting in […]
iPhone7 hits Korean stores in Note 7’s absence
- 21-Oct-2016
SEOUL: The Apple iPhone 7 went on sale in South Korea on Friday, seeking to fill a void left by arch-rival Samsung on its home turf following a damaging recall fiasco over the Note 7 smartphone. The South Korean electronics giant discontinued the Note 7 — one of its key iPhone challengers — on October […]
Lack of stores with fresh foods linked to signs of early heart disease
- 16-Aug-2016
WASHINGTON: Living in poor neighborhoods has been linked to increased heart risk, and a new U.S. study suggests the lack of access to fresh, healthy foods may be to blame.