image copyrightGetty Images Several major developers have formed a coalition to fight Apple over its app store policies. The Coalition for App Fairness counts Spotify, Epic Games and Tinder owner Match Group among its founding members. It claims Apple “taxes consumers and crushes innovation”, criticising what it calls anti-competitive policies. Apple, which is embroiled in legal action with some of… Read more →
Image copyright Reuters Image caption The company filed for chapter 11 bankruptcy in May Two of America’s biggest shopping mall owners have agreed to take on JC Penney’s retail operations to save the department store from closing. Simon Property Group and Brookfield Property Partners said they would keep the majority of JC Penney’s stores open, potentially saving 70,000 jobs. JC… Read more →
Image copyright Getty Images Dixons Carphone said it plans to cut 800 jobs as part of efforts to streamline its in-store management. The Currys PC World owner it was “not an easy decision” but the move would allow a “flatter management structure” as it adapts to rising online sales. It takes the tally of UK jobs put at risk this… Read more →
Image caption Tesco said it had been a “difficult decision” Tesco has confirmed it is set to close its Metro store on Belfast’s Royal Avenue in the next year as its “lease comes to an end”. It said it had been a “difficult decision” and it would continue to serve customers “from our nine other stores in Belfast”. It added… Read more →
Image copyright Reuters Image caption The company filed for chapter 11 bankruptcy on Friday American department store JC Penney has filed for bankruptcy becoming the latest company to be hit by Covid-19. The 118-year-old store sells clothing, cosmetics and jewellery at over 850 locations across the country. It employs more than 80,000 people. It filed for Chapter 11 bankruptcy on… Read more →