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Could the Black Market Be the Sole Marketplace in Zimbabwe?
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On the left, Wellington Kaseke and Oasis Ishingwe cater to customers and accept US dollars at an impromptu grocery store commonly referred to as a tuckshop. Such unregistered enterprises have thrived as traditional stores face difficulties, with many Zimbabweans now favoring American currency over the nation’s recently introduced gold-backed money. Photo Credit: Gamuchirai Masiyiwa,…
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Macy’s is opening a new store in a surprising location amid hundreds of closures
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READ MORE: Activist investors call for drastic changes at Macy’s Macy’s has revealed plans for an unexpected new site. an intense wave of shutdowns. The property management firm for Midway Crossings mall, located west of Miami, announced that the new store will be opening there. It is a surprising choice for the struggling retailer…
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Aeon Targets 100 Mega Stores in Vietnam by 2030 as Japan’s Largest Retailer Expands Globally
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Japan’s biggest retailer, Aeon, aims to expand its chain of large supermarkets and general merchandise outlets in Vietnam to reach 100 sites by 2030, marking an eightfold growth from current numbers. The firm additionally plans to establish more “mega-hypermarkets” that integrate grocery items with various general merchandise offerings like food courts and cosmetic sections.…