Jessica Renteria is driving a pram with her two children to the Los Angeles Zoo, as it reopens in Los Angeles, California on August 26, 2020, after it was shut down on March 13 due to the coronavirus pandemic. – The reopening of the zoo will see online reservations, limited …
Read More »Coca-Cola to restructure staff structure proposes voluntary cuts
A forklift moves Diet Coke pallets to be shipped at a Coco-Cola bottling plant in Salt Lake City, Utah. Getty Images Coca-Cola announced on Friday a staff restructuring plan that will cut voluntary jobs. The company said it will offer voluntary layoff packages to eligible employees, starting with about 4,000 …
Read More »With bids on TikTok, Walmart is looking to turn a political turmoil in its own favor
For Walmart, a political tug-of-war over TikTok has become an opportunity to follow an app with a huge fan base. The company confirmed Thursday that it is partnering with Microsoft to buy the tech platform, which is owned by Beijing-based ByteDance. The parent company of TikTok is looking for a …
Read More »Gap’s turning point for face masks put $ 130 million in its registers
Men with face masks walk past a Gap store in a shopping area as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. Jason Lee | Reuters The tailor Gap Inc. turned its supply chain early on in the coronavirus pandemic to …
Read More »Gap (GPS) reports Q2 2020 loss per share, sales fall 18%
Gap Inc. said Thursday that its total sales fell 18% in the last four years, as e-commerce revenue rose 95% from a year ago, but those gains were offset by a 48% drop in retail sales in the coronavirus pandemic . It swung to a net loss from a year …
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