Retailing
Hepsiburada, TÜBİTAK to launch AI research center
The Scientific and Technological Research Council of Turkey (TÜBİTAK) and D-Market Electronic Services and Trading, the company behind Turkish e-commerce giant Hepsiburada, will jointly establish an artificial intelligence center, Industry and Technology Minister Mustafa Varank said on Sept. 12.
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Turkey’s Trendyol raises $1.5 bln, valuing it at $16.5 billion
Turkish e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, said yesterday it had entered into agreements to raise $1.5 billion from a number of high-profile investors, valuing the company at $16.5 billion.
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That makes the company Turkey's first "decacorn," a word used for those companies over $10 billion, according to a written statement.
Chaos in Britain; millions of people in isolation; stores empty, no one to work PHOTO
Retail chain owners are urging ministers to take urgent action.
Namely, 'Freedom Day' took place in England on Monday, i.e. the abolition of almost all restrictions related to the coronavirus pandemic, but at the same time the number of newly infected is growing and chaos is being created due to self-isolation application.
O Iάκωβος Ανδρεανίδης, Πρόεδρος Διοίκησης της Lidl Ελλάς, Retail Manager of the Year
Nέες σημαντικές διακρίσεις για τη Lidl Ελλάς στα Retail Business Awards & Content Marketing Awards 2021
Large food retailers struggle with staff shortage
Large food retail networks are struggling again with a staff shortage they had already been experiencing before the pandemic, and the phenomenon is particularly visible for personnel categories like commercial workers, cashiers, pickers or multipurpose workers, Essa Group said in a statement today.
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AP: In post-pandemic Europe, migrants will face digital fortress (photos)
The European borders are being secured
Prefect Alin Stoica: Target of five-million vaccinated persons by June 1, difficult, but not impossible
Bucharest Prefect Alin Stoica on Wednesday stated that the target of five million people vaccinated by June 1 is "difficult to reach, but not impossible." "The target is, let's say, difficult to reach, but not impossible. (...) I do not have an expected date. For now, the target is five million on June 1.
China hits Alibaba with record $2.78bn fine for market abuses
Chinese regulators hit e-commerce giant Alibaba with a record 18.2 billion yuan ($2.78 billion) fine on Saturday over practices deemed to be an abuse of the company's dominant market position.
Bulgaria: Non-Food Retail Chains Are Broke, Brace for Civil Disobedience
Major non-food chains warn they do not rule out "staging protests and various forms of civil disobedience" if they are not allowed to open - without an "artificial distinction based on stores' overall shopping area."
Bulgaria: Big Retail Chains Mad at Government for Not Lifting Lockdown and Lack of Support
Another angry open letter was sent today by the Association for Modern Trade (MTA) , an organization that brings together some of the largest food and non-food retail stores in Bulgaria. It once again notes that the decision of the authorities not to open from April 1 the large non-food stores is detrimental to their business.