Sales slowed in August as the Olympics and outdoor activities diverted shoppers’ attention, reports BRC-KPMG in its latest Retail Sales Monitor. On a total basis, sales declined 0.3%, against a 0.1% increase in August 2015. This is ...
Tags: BRC-KPMG
Robots are no longer the unyielding, one-task giants doing humans' dull and dangerous work. The new breed can perform more than one task and work alongside humans without being a physical threat. As a result, manufacturers across industries ...
Tags: Next-Gen Robots, Robots
High performance with competitive costs is among striking features of Taiwan-made machines. High performance, excellent energy efficiency and low requirements for manpower and space are growing trends in the global market for machinery. ...
Debenhams has announced its trading update for the 15 weeks to 11th June. LFL sales grew by 0.2%, with online sales up 7%. In the 15 week period, gross transaction value rose by 0.5%, taking the cumulative YOY performance to growth of 1.3%. ...
Tags: clothing, sustainable growth
American Packaging (APC), a flexible packaging converter in North America, is investing $50m in the first phase of a new satellite facility. Scheduled to be completed in 2017, Phase 1 of the gravure satellite project includes: 26.3 acres ...
Tags: APC, satellite facility, new jobs
The latest Manpower Employment Outlook Survey results show that the steady increase in hiring intentions in Australia will continue into the third quarter of 2016. Of the 1,500 public and private employers surveyed, 13 per cent indicated ...
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
Ford announced that it will be investing $1.6b in San Luis Potosi in Mexico to build small cars. Construction of this factory is expected to begin in mid-2016 and the production is scheduled to begin in 2018. The American automaker ...
Tags: Ford, Investment, Small Cars
The move by the Government will see the current minimum wage upped from £6.70 per hour to £7.20 this month. But the news has our indie retail panel calling for a reassessment of 'already squeezed margins'. The livng wage ...
Tags: Touhub, The toy store, Kerrison store, Living wages
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
Bed manufacturer Silentnight, a company that has been investing in apprentices for more than 10 years, believes the new shift in the demands on the public sector could lead to cause for concern. As 2015 drew to a close and the targets for ...
UK retail footfall in February was 1.1% down on a year ago – lower than the 1.2% rise seen in January and the three-month average rate of -0.8% – according to the latest BRC/Springboard Footfall and Vacancies Monitor. ...
Tags: BRC, Retail football, Goverment support
Furniture was again the top-performing category and the main contributor to retail growth in February, according to the latest BRC-KPMG Retail Sales Monitor. After hitting a record of +16 in January, GfK’s Major Purchase Index ...
Tags: Furniture, retail sales
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
With a GDP of over RMB 60 trillion, China's economy has again achieved a more than seven percent growth, which can't be equaled elsewhere in the world. Also, 100 of the world's latest top 500 companies are from China. Do these facts leave ...
Tags: Salary, job, China's job market