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Wednesday, June 26, 2019

Walmart aims to list minority stake in Japan unit Seiyu

Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the U.S. retail giant was looking to exit Japan where it has struggled to grow.


from Reuters: Business News https://ift.tt/2X4OLbd

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UPS to cut 30,000 jobs as it moves away from Amazon

The parcel delivery giant says it is cutting back on low-profit deliveries for the online retailer. from BBC News https://ift.tt/gQ6waOd