Utah on Wednesday became the first state to pass legislation requiring app stores to verify users’ ages and get parental consent for minors to download apps to their devices. The bill headed to the desk of Gov. Spencer Cox has pitted Meta, which operates Facebook and Instagram, against app store giants Apple and Google over…
Joann, the fabrics and crafts retailer that has supplied quilters, seamstresses and school projects for 80 years, announced that it would close down all of its stores in the latest chapter of financial tumult for the company. The company’s assets were auctioned off on Friday, about a month after Joann filed for Chapter 11 bankruptcy…
Apple and Google restored TikTok to their app stores in the United States on Thursday evening, several weeks after they removed the short-form video platform in compliance with a new law that banned it in the country. President Trump tried to pause enforcement of the TikTok ban with an executive order, but the companies were…
BENGALURU: The quick commerce industry in India is projected to expand significantly, with HSBC forecasting 5,000-5,500 dark stores operational by fiscal year 2025-26. The sector is expected to achieve a gross order value ranging between $35 billion and $40 billion during the financial year 2027-28, as detailed in HSBC’s research findings.Major players such as Blinkit,…
File photo: Ola co-founder Bhavish Aggarwal (Picture credit: Reuters) Ola Electric Mobility Ltd. announced opening of 3,200 new stores in a single day, as India’s biggest e-scooter maker seeks to expand its local footprint and address customer frustration related to shortcomings in service.The Bengaluru-based Ola Electric has increased the number of showrooms and service centers…
BENGALURU: The e-commerce landscape in India is witnessing a convergence where quick commerce delivery services meet online retailers in their distinct ways. Major players such as Flipkart and Amazon ventured into 10-minute deliveries via small-format dark stores. At the same time, rapid-delivery specialists Swiggy, Blinkit, and Zepto are enlarging their warehouses to stock larger products,…
Workers at Starbucks stores began a five-day strike Friday to protest lack of progress in contract negotiations with the company. The strikes by baristas and other workers were scheduled to take place in Los Angeles, Chicago and Seattle and could spread to hundreds of stores across the country by Christmas Eve. Starbucks Workers United, the…
Popular US departmental store chain Macy’s has announced that it is planning to shut down as many as 65 stores by the end of January 2025, which is 15 more than previously planned, according to reports. CEO Tony Spring made this announcement during the company’s Q3 earnings call, saying that the move is part of…