Tag #Retail

smh.com.au
🌐 85% Global Worthiness
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Woolworths Strike Costs $50 Million, Causes Widespread Shortages

A strike by 1500 Woolworths warehouse workers over pay and conditions since November 21 has cost the company $50 million and caused widespread product shortages, particularly impacting alcohol sales in Victoria and Southern NSW. The Fair Work Commission will hear the dispute on Friday.

Progress

56% Bias Score

nrc.nl
🌐 65% Global Worthiness
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Dutch Black Friday 2024: Fewer Transactions, Higher Spending

Despite fewer transactions on Black Friday and Cyber Monday 2024 in the Netherlands compared to 2023, total spending increased by 10%, indicating a shift to a longer sales period ("Black November") due to earlier promotions and a strategy to manage logistics and consumer expectations.

Progress

32% Bias Score

Responsible Consumption and Production
dailymail.co.uk
🌐 20% Global Worthiness
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Aldi's $70 Retro Turntable a Hit with Christmas Shoppers

Aldi Australia is selling a retro turntable briefcase for $69.99, including Bluetooth, available from December 14, receiving positive customer reviews for its sound quality and convenience.

Progress

56% Bias Score

Responsible Consumption and Production
forbes.com
🌐 75% Global Worthiness
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UK Consumer Confidence Rises, Boosting Christmas Shopping Prospects

The GfK Consumer Confidence Index rose three points to -18 in November, boosting prospects for UK retailers, particularly SMEs, as the crucial Christmas shopping season starts, following a 0.7% drop in October retail sales (ONS).

Progress

40% Bias Score

cnnespanol.cnn.com
🌐 65% Global Worthiness
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US Egg Prices Soar Amid Avian Flu and Holiday Demand

Egg prices in the US are soaring due to avian flu and holiday demand, impacting consumers and retailers.

Progress

24% Bias Score

Zero Hunger
cnn.com
🌐 75% Global Worthiness
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TJ Maxx Sees Opportunity in Trump's Tariff Plans

TJ Maxx anticipates benefiting from President Trump's proposed tariffs due to its unique business model, while other retailers express concerns about price increases.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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T&T Grocery Chain Expands to US

T&T, Canada's largest Asian grocery chain, opens its first US store in Bellevue, Washington on Thursday, marking a strategic expansion driven by strong Canadian growth and increasing demand for diverse culinary experiences in North America.

Progress

44% Bias Score

dailymail.co.uk
🌐 65% Global Worthiness
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Poundland Reopens Elgin Store After Six-Year Refurbishment, Selling Flats Above

Poundland has reopened its Elgin, Scotland store after a six-year refurbishment that included creating four flats above the store, two of which are for sale at over £85,000 each, following challenges including water leaks, a pandemic and an alleged arson attack.

Progress

44% Bias Score

Sustainable Cities and Communities
repubblica.it
🌐 75% Global Worthiness
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Italian Consumers Prioritize Repair, Durability, and Resale in Sustainable Consumption

A 2024 GS1 Italy survey reveals that Italians prioritize product repair (7.7/10), durable goods (7.5/10), and reselling unused items (7.5/10), with generational differences impacting specific sustainable practices and retailer services.

Progress

20% Bias Score

theglobeandmail.com
🌐 75% Global Worthiness
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AI Shopping Assistants: Enhancing E-commerce, but with Limitations

Amazon and Walmart are testing AI-powered shopping assistants like Rufus to enhance customer service and provide product recommendations, showcasing the growing use of generative AI in e-commerce, but these tools have limitations and are prone to inaccuracies.

Progress

32% Bias Score

edition.cnn.com
🌐 40% Global Worthiness
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Soaring Egg Prices in the US

Egg prices in the US are soaring due to avian flu and holiday demand, impacting consumers and retailers.

Progress

24% Bias Score

Zero Hunger
edition.cnn.com
🌐 65% Global Worthiness
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TJ Maxx Sees Tariff Opportunity Amidst Retail Concerns

TJ Maxx anticipates benefiting from President Trump's proposed tariffs, unlike other retailers who foresee price increases.

Progress

40% Bias Score

Decent Work and Economic Growth