Vietnam's prominent steel sheet manufacturer, Hoa Sen Group (HSG), is making a significant strategic shift toward building materials retailing in response to challenges in the steel market. This pivot, announced by chairman Le Phuoc Vu, is aimed at addressing the combination of export
The retail landscape is experiencing a profound transformation driven by the urgent need to modernize IT infrastructure and enhance customer experiences, all while reducing capital and operational expenditures in an increasingly competitive market. At the center of this evolution is next-generation
On January 28, 2025, employees at the Whole Foods flagship store in Philadelphia's Center City voted to join the United Food and Commercial Workers (UFCW) Local 1776. With 130 workers in favor and 100 against, this historic vote marked a significant shift as it represented the first unionized
Physical retail spaces are continually transforming, with the integration of digital media playing a vital role in reshaping the shopping experience. Brands are now emphasizing the importance of aligning in-store elements with their ethos and creating more engaging environments for shoppers. This
Walmart recently admitted that it is unlikely to meet its 2025 targets for reducing plastic packaging and enhancing recyclability, a confession that highlights the formidable challenges faced by industries aiming for ambitious sustainability goals. Earlier this year, the retailer also revealed that
Recent shifts in U.S. immigration policies under the Trump administration are creating ripples across various sectors of the economy, including the off-price retail industry. Off-price retailers, which specialize in discounted goods, are now grappling with the potential fallout from decreased