This week in the news, Yum Brands, the parent company of Taco Bell, Pizza Hut and KFC, has agreed to remove the offensive logo of their latest restaurant chain, Chinese e-commerce giant Alibaba raised around $22 billion in one of the biggest initial public offerings on record and Media-Saturn’s new stores became a place where the virtual meets the real, giving its customers a new shopping experience.
For retailers, the holiday season is already in full swing and they are wasting no time revamping their strategy to entice would-be shoppers. Several Halloween costume shops in the US, for example, are reportedly taking over abandoned buildings and turning them into a fantastical costume shop. Read on and get the latest retail news from around the world.
This week in the news, electric carmaker Tesla announced plan to build a “gigafactory” in Nevada, Mexico reopens its energy market for the first time in more than seven decades and the U.S. creates energy-themed coloring books for children. Read on and get the latest energy news from around the world.