Category: Business

Dive Brief: Multiple outlets have reported in recent days that EG Group, the Blackburn, U.K.-based owner of EG America, is looking to sell assets in an effort to relieve debt. A report from Sky News on Jan. 19 said that EG Group had hired bankers from retail investment banker Eastdil to “explore the disposal of […]

However, the Survey of Economic and Social Developments in the Arab Region, published by the UN Economic and Social Commission for Western Asia (ESCWA) projects post-COVID-19 economic recovery efforts to prompt a very slight decrease next year – to 11.7 per cent. Mounting poverty Meanwhile, poverty measured against national lines also surged, affecting 130 million […]

This story is the fourth in a series on key trends that will impact c-stores in 2023. Hiring and retention challenges continue to plague the convenience store industry. Turnover in the space in 2021 reached 150% — its highest level since 2012, according to NACS’ most recent State of the Industry Compensation Report. Despite pandemic-induced […]

Issues surrounding working hours and conditions are “at the heart of most labour market reforms and evolutions taking place in the world today”, Branch Chief Philippe Marcadent said in the foreword to ILO’s Working Time and Work-Life Balance Around the World. “The number of hours worked, the way in which they are organized, and the […]

As the sun sets over the Celebes sea, and its orange glow turns the horizon gold, a couple of dozen tourists are on the pier at Budo, a village of 2400 perched on the ocean, 25 kilometres northeast of the regional capital Manado. They snap photos and marvel at the view; a woman visiting from […]

The past few years have brought unprecedented changes to the business and tech landscape, and CIOs have had to adapt quickly to these shifts. As we begin the new year with continuing uncertainty, it’s more important than ever to have a clear plan to secure your workforce and position your organization for success, no matter […]

Globally, growth continues to slow sharply due to rising inflation and interest rates, reduced investment, and supply disruptions caused by Russia’s full-scale invasion of Ukraine. Any new adverse development could further push the global economy into recession, said the World Bank. This includes higher-than-expected inflation rates, abrupt rises in interest rates to contain it, a […]

We can all agree that digital transformation (DX) is not easy. Most enterprises were not conceptualized as part of the digital world and are struggling with fragmented systems and complex operations. But to operate in today’s digital-first environment, enterprises are, more than ever, engaged in some form of digital transformation. If your organization is finding it challenging […]

According to the International Labour Organization (ILO), global employment is set to grow by just one per cent in 2023, which is less than half last year’s level. The number of people unemployed around the world is also expected to rise slightly, to 208 million. This corresponds to a global unemployment rate of 5.8 per […]

By the very name, c-stores are intended to be fast and convenient. The average consumer spends three to four minutes in the store. It helps that when most consumers enter stores, they already know what they plan to buy. But that convenience can be derailed when the consumer sees a long checkout line. Unfortunately, the […]