In reaction to slowing smartphone sales and increased competition, Samsung and Sony have each laid off 150 staff in India; in Britain, it has been revealed that Asda customers’ personal information may have been exposed to hackers, and in the US, retailers experiment with store formats. Have a great day, and don’t forget to share.
Smartphone company layoffs Sony Corporation and Samsung Electronics have each laid off about 150 executives in India. The move comes amid increased competition from Chinese companies and falling demand.
FOODBOARD™ – Cartonboard with functional barrier for sustainable and safe food packaging
With FOODBOARD™, Mayr-Melnhof Karton has developed the next generation of cartonboard which ensures highest product safety: FOODBOARD™ shields packed food against the migration of defined unintended substances such as mineral oils, phthalates, DIPN and bisphenol A and provides protection against cross-contamination during transport, storage and at the point of sale.
europe & the middle east
Bloomingdales heads to Kuwait Through a licencing agreement with the Al Tayer Group, Macy’s. will open its first Bloomingdale’s store in Kuwait in the spring of 2017. The store will occupy three levels in a shopping mall in Al Zahra.
Waitrose offers “pick your own” In an effort to reclaim market share from Lidl and Aldi, the British supermarket chain has launched a new TV advertising campaign promoting “Pick Your Own Offers”, which is part MyWaitrose loyalty scheme.