Consumer Spending in UK Retail Stores Decline Posted April 20, 2018 Consumers continue to decrease their spending in retail stores in the United Kingdom. The British Retail Consortium, a UK association responsible for sales data, has released i…
Report: Alcoholic Beverages in UK Cheaper than Three Decades Ago Posted April 12, 2018 Alcoholic beverage prices in the United Kingdom have become more affordable, according to a recent report. The Institute of Alcoholic Studies (IAS) revealed that the cost of al…
Cryptocurrency Poses Threat to Bank of America’s Business Posted April 9, 2018 Bank of America (BofA) has recognized cryptocurrency as a threat to its business. In February, BofA announced that it will no longer entertain credit card transactions involvin…
Twitter Reports Profitable Quarter for the First Time Posted March 22, 2018 Social networking service Twitter reported its first-ever profitable quarter in its 12-year history. In the final quarter (Q4) of 2017, the company reportedly made $91 million—…
Walmart and Rakuten Team Up for E-reader, E-book Deal Posted March 14, 2018 Walmart, one of the biggest US retailers, has struck a deal with Japanese e-commerce giant Rakuten. With this deal, Walmart became the official US distributor of …
Chinese Company Might Buy J&J’s Diabetes Care Unit Posted March 7, 2018 Multinational corporation Johnson & Johnson (J&J) reportedly has plans to sell its diabetes care unit to Sinocare Inc., a Chinese diabetes device manufacturer. In Janua…
Walmart Increases Minimum Wage for Employees Posted February 25, 2018 Walmart, the world’s largest private employer, has imposed an increase in its starting salary and expanded some of its benefits. The retail giant has increased its mini…
Bluefin Tuna Auctioned for 36.5 Million Yen Posted February 15, 2018 A bluefin tuna has become the highest priced fish sold at Tsukiji Market’s auction last New Year. Hiroshi Onodera, CEO of food service company LEOC Japan Co. Ltd., reportedly
Card Game Company Highlights Wealth Inequality in the US Posted February 8, 2018 A company came up with a new promotion to confront wealth inequality in the United States. Developers of the party game Cards Against Humanity have decided to spotligh…
Startup Entrepreneur Earns Massive Income from App Selling Secondhand Goods Posted January 29, 2018 Startup entrepreneur Yusuke Mitsumoto recently made his mark on the e-commerce industry by launching a successful online flea market. Mitsumoto began with the …