Patel Retail Q2 FY26: 15% Revenue Growth, PAT Up 73%
Patel Retail Limited reports stellar Q2 FY26 results with 15% revenue growth and a 73% surge in profit after tax. Strong performance driven by strategic store expansion.
Category : Search result: retail job cuts
Netflix $72B Warner Deal Faces Hollywood Union Backlash
Hollywood unions warn of massive job cuts and reduced cinema releases as Netflix proposes a $72 billion takeover of Warner Bros Discovery. Read the full story.
Traditional Grocery Retailers Thrive in Hyderabad Despite Q-Commerce
Despite the rapid growth of quick commerce, Hyderabad's traditional fruit and vegetable retailers are holding strong. Discover why sensory experience and trust are key factors keeping customers loyal to local vendors.
Man arrested in Coimbatore for Rs 3.5 lakh job fraud
Coimbatore cyber crime police arrest K Arun for cheating a youth with fake overseas job offers. The accused promised a hotel job abroad and took Rs 3.5 lakh. Read the full story.
Regulus Retail Forex Launches with FSC Regulation
Regulus Retail Forex launches in India, offering institutional-grade liquidity and FSC-regulated operations for retail traders. Discover a new era of secure forex trading.
Pan Masala packs must show retail price from Feb 2026
The Consumer Affairs Department mandates Retail Sale Price on all pan masala packs from February 1, 2026, boosting transparency and aiding GST levy. Know the new rules.
Kochi Visa Fraud: Rs 5 Crore Lost, 25 Agents Held
Kochi police uncover major visa fraud ring shifting from healthcare to blue-collar job scams for Europe & Gulf. Over 25 agents arrested, victims lose Rs 5+ crore. Experts warn of new tactics targeting desperate youth.
Algoma Steel to Cut 1,000 Jobs Due to US Tariffs
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
Baidu Layoffs: 40% Staff Cut After Huge Quarterly Loss
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
Ikea Plans 4-5 New Indian Stores Annually
Swedish furniture giant Ikea announces aggressive India expansion with 4-5 new stores yearly. CEO Patrik Antoni reveals strategies behind growth in competitive home furnishing market.
German chemical giant cuts 1,500 jobs globally
German chemical major Wacker Chemie announces 1,500 job cuts, nearly 10% of workforce, to save €300 million annually. Shares rise 2% amid industry downturn.
HP to Cut 6,000 Jobs by 2028 in Major Restructuring
HP announces 4,000-6,000 job cuts by fiscal 2028, adding to earlier layoffs. Learn practical strategies to navigate tech sector uncertainty and protect your career.
Swire Group Cuts 10% Hong Kong Jobs in Restructuring
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Verizon's Massive Layoffs: Ex-CEO's Viral Message
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP Cuts 6,000 Jobs, Apple Reduces Sales Staff
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
HP to Cut 6,000 Jobs, Save $1B Annually with AI
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.
US Retail Sales Growth Slows to 0.2% in September
US retail sales grew slower than expected in September at 0.2% as consumers faced persistent high prices. Producer prices rose 0.3%, driven by energy and food costs. Read the full analysis.
Apple Layoffs Hit US Sales Teams in Strategic Shift
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
ONLY Transforms Shopping at DLF Mall of India Noida
Fashion brand ONLY unveils revolutionary store at DLF Mall of India, Noida, featuring interactive tech and exclusive collections. Discover the future of retail shopping today!
Tier II & III Cities Drive India's Retail Growth
India's retail landscape is shifting as Tier II and III cities account for 60% of new store openings. Discover how smaller cities are transforming retail growth patterns across the nation.
Ring Forces Hundreds of Remote Workers to Relocate
Amazon's Ring division mandates hundreds of customer service workers to relocate to central hubs in US and UK as company shifts to AI-powered support system. Read the full story.
Amazon Layoffs Hit Engineers Hardest: 40% Impact
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Gold Falls on Strong US Jobs Data, Fed Rate Cut Doubts
Gold prices declined as robust US September job growth strengthened the dollar and reduced expectations of Federal Reserve rate cuts in December. Market uncertainty prevails.
Verizon Cuts 13,000 Jobs in Largest Workforce Reduction
Verizon announces elimination of 13,000 positions amid competitive pressures. CEO cites need to streamline operations. Discover how this impacts telecom industry.
Verizon Cuts 13,000 Jobs in Major Restructuring
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Khan Market World's 24th Most Expensive Retail Street
Cushman & Wakefield reveals world's priciest shopping streets. Delhi's Khan Market ranks 24th globally while Gurugram's Galleria Market sees 25% rent surge. Discover India's retail transformation.
Target cuts 2025 profit forecast, shares fall
Target Corporation reduces 2025 earnings forecast amid restructuring and soft demand. Retailer plans $5 billion capital spending boost while shares decline 2% in early trading.
Delhi's Khan Market 24th Most Expensive Retail Location
Delhi's premium Khan Market ranks 24th globally in retail rents despite 4% growth. Discover how Indian luxury destinations compete worldwide and what's driving prices.
GST cuts fail to boost apparel, footwear festive sales
Despite GST rate reductions, India's apparel and footwear sectors saw disappointing festive sales due to weak consumer spending, erratic weather, and tax transition issues. Learn why the expected consumption boost didn't materialize.
Amazon Layoffs: 14,000 Jobs Cut Via Text-Email
Amazon's text-email layoff strategy marks new corporate downsizing tactics. Learn how companies are evolving termination methods and employee reactions.
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