Metropolis Mall one of many projects to elevate Larnaca
The new Metropolis Mall in Larnaca helped the city during its construction phase by employing an estimated 1,000 people throughout the entire process. Having recently...
retail
Morrisons’ fate to be decided in $10 billion Saturday shootout
The outcome of a $10 billion six-month battle to buy British supermarket chain Morrisons (MRW.L) will be decided in a one-day auction on Saturday overseen...
Pub group Wetherspoon’s losses widen, staff hard to find
J D Wetherspoon (JDW.L) fell deeper into the red for its fiscal 2021 and said it had like many other businesses found it hard to...
British warehouse worker shortage triggers up to 30 per cent pay spike
Warehouses in Britain are having to pay up to 30 per cent more to recruit staff after a chronic shortage of workers exacerbated pressure on...
High-stakes Christmas looms as surging toy demand meets supply-chain snarls
With demand for toys at an all-time high, US suppliers and retailers are racing to outrun severe air, sea and land shipping snarls so Santa...
Britain’s Sainsbury’s makes it personal in price battle with rivals
British supermarket group Sainsbury’s (SBRY.L) will offer lower prices to customers using its digital loyalty scheme and self-scanner service, deepening ties with shoppers and cutting...
Zara owner Inditex outshines H&M as sales top pre-pandemic levels
Fashion brand Zara owner Inditex (ITX.MC) has outpaced Swedish rival H&M (HMb.ST) in its efforts to bounce back from the coronavirus crisis, with second-quarter sales...
The battle for British supermarket group Morrisons
The battle for Morrisons (MRW.L), Britain’s fourth-largest supermarket group, is the most high-profile looming takeover in the country amid a raft of bids and counter...
Boohoo’s £500 million plan to create 5,000 jobs in UK
British online fashion retailer Boohoo said on Thursday it would invest 500 million pounds ($693 million) in the United Kingdom over the next five years,...
Revised offer for British supermarket group Morrisons accepted
British supermarket group Morrisons has agreed to an improved takeover offer worth 6.7 billion pounds ($9.3 billion) in cash from a consortium led by Softbank-owned...
