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UK Hit By Retail Crisis As 140K Jobs Lost, 16K Stores Shutter

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According to a study by the Center for Retail Research (CRR), More than 2,750 jobs were lost every week — about 61 every working day. The study also said that without further government intervention, job losses in retail could hit 171,000 next year. Retail is still the U.K.’s Joshua Bamfield, director of the CRR.

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Union Calls For Amazon Workers’ Strike In Germany

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The labor union Verdi, in an effort to force Amazon to recognize collective bargaining agreements that apply to other retail employees, is calling on employees to demand better working conditions. . Amazon entered Germany in 2015. Germany is in a special position in the industry because most delivery firms subcontract.

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Email Fraudsters Take Advantage Of Coronavirus Opportunity

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Officials are warning of a rise in phishing attacks, while retailers have also been warned about fraud risks, with Amazon recently removing 1 million products for allegedly making fraudulent claims, recent Forbes reports said. Payroll Professionals Inc.

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Stripe Sizzles, Auto Loans Fizzle And Sales Suck The Sizzle Out Of Retail

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Want tax cuts? Business tax cuts: The corporate world had reason to cheer this week, when Trump’s pick for incoming treasury secretary, Steve Mnuchin, stated that the number one priority in terms of regulation is to roll back parts of Dodd-Frank. percent less according to the National Retail Federation.

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Overstock Is Overvalued Stock?

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In a recent column featured in Forbes , the thinking goes that online retail has managed to disrupt the lives of many a brick-and-mortar retailer. There’s another existential threat here, as online retailers must grapple with other online retailers. Is Overstock an overvalued stock?

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Amazon Seeks Delivery Expansion In Germany

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Amazon entered Germany in 2015, and it is now its second-largest market. The push is part of the retail giant’s plan to build its own land, sea and air logistics operation to help contain shipping costs. “If Germany is in a special position in the industry because most delivery firms subcontract.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

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Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The move comes as cities and states are passing bans on cashless retail establishments, on the argument that such retail discriminates against unbanked consumers.

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