Kroger-Albertsons Merger Halted as Colorado Judge Orders September Trial
In a significant development for the grocery industry, the proposed $24.6 billion merger between The Kroger Co. and Albertsons Cos. faced a setback when Denver District Court Judge Andrew J. Luxen issued a preliminary injunction on July 25. This ruling…
European chip firms face challenges, even harder for those with less AI exposure
As European chip firms navigate a challenging landscape, the impact of artificial intelligence (AI) exposure becomes increasingly significant. Companies that invest heavily in AI technologies, such as ASML and ASM International, are experiencing growth prospects despite overall market stagnation. In…
Sustainable Metal Cloud plans global expansion amid rising demand
Sustainable Metal Cloud (SMC), an AI-driven tech company, is gearing up for a significant global expansion, primarily targeting the EMEA and North American markets. This strategic move comes amid a surge in demand for innovative cloud solutions that prioritize sustainability….
Air France KLM suffers €10 million loss due to global tech outage
Air France KLM recently announced a staggering loss of €10 million resulting from a global tech outage that disrupted services. This incident, tied to a software update by CrowdStrike, underscores the vulnerabilities that major businesses face in our technologically driven…
‘TikTok Shop gears up for launch in Ireland and Spain’
TikTok Shop, the much-anticipated shopping feature from the popular social media platform, initially planned to expand throughout Europe this summer. However, ByteDance, the parent company, opted to pause those ambitions, focusing instead on a more strategic rollout. With a new…
ShipEngine partners with what3words to boost delivery precision
ShipEngine, a prominent shipping API provider, has teamed up with what3words, the innovators in location technology, to significantly enhance delivery accuracy in the UK. This strategic partnership aims to streamline online delivery processes for e-commerce platforms, retailers, and logistics providers…
Conn’s files for Chapter 11 bankruptcy
Conn’s Inc., a prominent player in the retail sector, has made headlines by filing for Chapter 11 bankruptcy protection. This significant move, announced recently, is accompanied by an urgent request for emergency relief, which the company hopes to secure by…
Journeys taps Levi’s veteran Stacy Doren as new CMO
Genesco’s Journeys Group has announced a strategic move to revitalize its marketing approach by appointing Stacy Doren as the new executive vice president and chief marketing officer (CMO). With over 20 years of experience at Levi Strauss & Co., Doren…
Distributor Relevant Industrial launches ShopRelevant.com
In today’s fast-paced industrial landscape, businesses continually seek innovative solutions to enhance their procurement processes. Relevant Industrial, a national distributor specializing in temperature control equipment, valves, air compression devices, and custom-engineered systems, has answered this call with the launch of…
Southwest updates seating policy to assigned seats
Southwest Airlines has taken a bold step in its customer strategy by announcing a shift from its longstanding open seating policy to assigned seating. This significant change, marking a departure from a practice that has been in place for over…
