Business
Poundland: Struggling bargain chain sold for £1
Struggling budget chain Poundland has been sold for £1 and now faces a shake-up of the business. Its owner Polish firm Pepco confirmed it…
Tag
chain
Business
Neo Group buys over bakery chain PrimaDeli’s operations for undisclosed sum
Caterer Neo Group has bought over the business operations of home-grown bakery chain PrimaDeli from Prima Food for an undisclosed sum.…
Fashion
Jumbo ventures beyond chilli crab to bring famous Siji Minfu Peking duck chain to Singapore
Home-grown seafood restaurant group Jumbo has inked a joint venture with Chinese roast duck brand Siji Minfu to bring its signature Peking…
Fashion
Italian Fashion Associations Sign Protocol to Combat Worker Exploitation in Supply Chain
MILAN – Italian authorities, fashion associations and trade unions are committed to fight wrongdoings in the apparel and accessories…
Beauty
Sabrina Dhowre Elba Calls for End to Child Labor in Cosmetics Supply Chain and Highlights Ethical Sourcing in Ghana With World Vision
Sabrina Dhowre Elba, cofounder of S’Able Labs, traveled to West Africa to see the work that the humanitarian organization World Vision is…
News
Retailers Fear Toy Shortages at Christmas as Tariffs Freeze Supply Chain
President Trump’s China tariffs are threatening Christmas. Toy makers, children’s shops and specialty retailers are pausing orders for the…
Business
Asean remains attractive amid global trade, supply chain disruptions: UOB CEO Wee Ee Cheong
The Asean region remains an attractive market to do business with, even amid uncertainties due to geopolitical risks and the impact of the…
Business
Chinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as…
Business
Indonesian coffee chain Fore says its IPO oversubscribed by 200 times
The seven-year old company is the first domestic coffee chain to list on the bourse Indonesian coffee chain Fore said on Friday (Apr 11)…
Business
Chinese tea chain Chagee launches US IPO, defying stock slump
Chagee Holdings, a Chinese bubble tea chain, is seeking to raise US$411 million in an initial public offering (IPO) in the US, despite…
Business
Tariffs disrupt Bitcoin mining supply chain rooted in Asia
Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US before tariffs…
Culture
How Korea’s Largest Theater Chain Lost a Fortune in America
It’s been a tough few years for the theater business, and it’s been particularly brutal in San Francisco. Since the pandemic began, the…
News
8 People Injured, 5 Rushed to Hospital Following Chain Collision Involving 5 Vehicles on Singapore's PIE
Five people were rushed to the hospital following a traffic pile-up involving five vehicles on the PIE on Saturday, March 29. The…
News
Furniture Group MillerKnoll to Offset Tariff Impact With Strategic Pricing, Supply Chain Adjustments
MILAN — As U.S. President Donald Trump’s trade policy evolves, furniture companies around the world are armoring up to safeguard their…
Business
China bubble tea chain Mixue profits spike 40% in 2024
Chinese bubble tea and drinks firm, Mixue Group, which has surpassed McDonald’s and Starbucks in store count to become the world’s largest…
Business
Optera CEO on Overcoming Sustainability Challenges in Retail: Strategies for Supply Chain Decarbonization
As climate goals become more urgent and regulatory pressures intensify, retailers are at a pivotal moment in their sustainability…
News
8 People Hospitalised after Chain Collision Involving 14 Vehicles on Singapore's PIE
Eight people were hospitalised after a traffic pile-up involving 14 vehicles along the Pan-Island Expressway (PIE) on Friday, February 21.…
Business
Chinese bubble tea chain Mixue aims to raise HK$3.45 billion in Hong Kong IPO
Bookbuilding for the IPO starts on Friday and the stock is due to begin trading on the Hong Kong Stock Exchange on Mar 3 CHINA’S largest…
Business
iPhone parts maker Murata eyes supply chain shifts towards India
APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a…
Business
Supply Chain Visionary Arunkumar Jagadeesan Transforms Automotive Industry, Ushering in New Era of IoT-Powered Manufacturing Excellence
The United States leads the global automotive industry, with manufacturers and suppliers generating over $1.5 trillion in annual revenue…
Business
Alibaba to sell department store chain Intime for 7.4 billion yuan
ALIBABA Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising textiles firm Youngor Fashion…
Business
Luigi Mangione: UnitedHealthcare CEO Shooter's Family Owns Nursing Home Chain Making Millions but Is Plagued with Violations and Complaints
Luigi Mangione may have killed UnitedHealthcare CEO Brian Thompson due to his hatred for the company's policies. However, according to the…
Business
Starbucks Red Cup giveaway gives coffee chain much needed jolt
STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking…
Business
Germany's decorations chain Depot shuttering 27 branches
A woman enters the entrance to the "Depot" deco store. Alicia Windzio/dpa Germany's interior decorations retailer Depot plans to close at…