After Macy’s, Kohl’s closes 27 stores and cuts 10% of its workforce Americas In the USA, while Macy’s is closing 66 stores and laying off 3.5% of staff (2,350 jobs), department store chain Kohl’s (1,100 stores in Q3) has announced the closure of 27 stores by April 2025.…
Carrefour to deploy GS1’s augmented QR code in all European banners by 2025 Europe At the first CoNext event organised by GS1 on the theme of data for circularity, of which mind Retail was a media partner, Carrefour announced the deployment of the augmented QR code on private labels.
Kohl’s sales plunge 8.8% in Q3, penalised by insufficient private label inventory Americas American chain Kohl’s (2023 sales 16.6 billion dollars , down by 3.4%, 1,100 stores in 49 states) is going through a difficult period.…
Miniso’s acquisition of Yonghui supermarkets worries markets Asia On September 23, Miniso (2023 sales: US$1.58 billion, up 14%) announced an investment of US$893 million to acquire a 29.4% stake in Chinese supermarket player Yonghui Superstores (2023 sales: US$11.6 billion).…
