Category: warehouse
-
Shein drops UK warehouse plans as doubts grow over London stock market listing
•
SheIN canceled plans to open a warehouse in the United Kingdom, which led to an increase in its possibility to obtain a list of 50 billion pounds in the London Stock Exchange. The rapid fashion giant was exploring warehouse sites on a large scale in the East Midlands, including Derby,…
-
ASOS shutters US warehouse as part of cost-saving turnaround plan
•
Asos has announced a one-off impairment charge of £200m after it decided to idle its main US warehouse near Atlanta, Georgia, in a move aimed at cutting costs and boosting profitability. Later this year, the online fashion retailer’s American customers will be served from its UK automated distribution center in…
-
Shein eyes UK warehouse as it prepares for £50bn London stock market debut
•
Chinese fashion giant Shein is set to open its first warehouse in Britain as part of its preparations for a massive £50bn listing on the London Stock Exchange. The company, now headquartered in Singapore, is focusing its research on the “Golden Logistics Triangle” in the Midlands, a key region known…
-
Reckitt’s baby formula sales to take hit after tornado destroys warehouse By Reuters
•
Written by Richa Naidu and Yadarisa Shabong Reckitt Plc said Wednesday that short-term sales of some of its Mead Johnson infant formula products are likely to be affected after a tornado hit a third-party warehouse in Indiana, causing extensive damage. The Mount Vernon warehouse, which is currently out of operation…
-
Bernie Sanders: Amazon warehouse workers get injured at an ‘outrageous level’ during Prime Day
•
It’s the most wonderful time of the year. Not Christmas, but Amazon Prime Day. At least if you’re a consumer taking advantage of the deals offered by the e-commerce giant, which ranks second on the Fortune 500. And it’s especially lucrative for Amazon, which in 2023 recorded $12.7 billion in…