Luckin Coffee’s PE owner gains more control over Chinese chain
The company’s American depositary receipts have gained 24% in the past 12 months Centurium Capital consolidated its holding in Luckin Coffee to tighten control over China’s biggest…
Tag
chain
Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcount Boeing is eliminating about 300 supply chain jobs from its defence division,…
Nike layoffs: Hundreds of jobs cut in latest round as shoe giant embraces supply chain automation
America’s most iconic shoe giant is starting 2026 by laying off workers. Nike has confirmed that it will lay off 775 employees in the United States. The move marks the third year in a row…
How Did Kristen Pierce-Sherrod Die? CEO of Iconic Fast Food Chain Harold's Chicken Dies Suddenly and Mysteriously Aged 55
The CEO of Harold's Chicken has died under mysterious circumstances at the age of 55, her family confirmed in a statement. Kristen Pierce-Sherrod's family shared news of her death on…
EXCLUSIVE: Women’s Specialty Chain Francesca’s Closing Its Doors
Women’s specialty chain Francesca’s is preparing to shut down. According to one source, the retailer’s merchants were “let go yesterday with no warning.” And one of the chain’s former…
Chinese teahouse chain Chagee is said to explore Hong Kong listing
Chinese tea chain Chagee Holdings is considering a listing in Hong Kong, according to sources familiar with the matter, joining a rush of firms being drawn to sell shares in the Asian…
Why battery recycling is essential for supply chain security
Batteries are powering a significant shift in how we go about our daily lives, ranging from the devices we carry to electric vehicles and energy storage systems. Batteries play a critical…
Deepfakes are no longer just a disinformation problem. They are your next supply chain risk
For years, deepfakes were treated as a political or social media oddity, a strange corner of the internet where celebrity faces (of women 99% of the time) were pasted onto fake videos…
This U.S. company’s new magnet could loosen China’s stranglehold on the supply chain
High-power magnets undergird an enormous amount of modern society. From high-end audio speakers to electric vehicles, wind turbines, and fighter jets, they are a vital component in much of…
Burberry Names New Supply Chain, Customer Management Executives
LONDON – With sales on the upswing and improving performance in the U.S. and China, Burberry is reinforcing its top management team with two internal appointments. The British brand has…
US moves to deepen minerals supply chain in AI race with China
The Asian nation is home to more than 90% of global rare earths and permanent magnets refining capacity The US will seek agreements with eight allied nations as part of a fresh effort to…
Dutch chipmaker Nexperia urges Chinese units to help restore supply chain
DUTCH chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese units in an open letter on Thursday to help…
I’m Donut ? and the Allure of the International Chain
I’m Donut ?, a Japanese bakery chain known for its viral popularity and its curiously punctuated name, opened earlier this year in a sleek Times Square storefront. The company’s specialty…
Singapore: 4 People Hospitalized After Sembawang Chain Collision; 2 Drivers Rescued from Trapped Vehicles
A chain collision involving six vehicles occurred in Sembawang, trapping two people inside their cars on Friday, November 14. According to the police, they were notified of the collision…
When supply chain partners share data, everyone cuts carbon
To the uninitiated, the term Scope 3 might sound like an obscure technical label. However, for those managing corporate carbon emissions, the term can inspire a range of emotions, from…
SIA Engineering: analysts upgrade the stock as growth, supply chain outlook improves
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million Analysts are turning bullish on SIA Engineering on the back of…
Pizza Hut’s parent company weighs sale of the chain
Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut’s parent company, said on November 4 that it’s conducting a formal review of options for the brand, which has struggled to…
Restaurant chain Denny’s to be taken private in US$620 million deal
The deal marks the latest in a wave of private equity buyouts of restaurant chains in recent years RESTAURANT chain Denny’s announced on Monday it would be acquired by a group comprising…
Outback Steakhouse shuttered restaurants: Beloved casual dining chain closes locations in 8 states
Fans of the Outback Steakhouse chain will be disappointed to learn that its parent company, Bloomin’ Brands, has recently closed a number of locations. The closures are yet another sign…
Indonesia’s Chandra Asri to buy ExxonMobil’s Singapore Esso petrol kiosk chain
Chandra Asri Pacific on Friday (Oct 24) said it would acquire ExxonMobil’s network of Esso-branded retail fuel stations in Singapore. The Indonesian company said in a statement that it has…
Tea chain Chagee is sticking to high prices despite sales plunge
The Shanghai-based freshly-brewed tea chain has more than 200 international stores out of its network of 7,000 stores Tea maker Chagee Holdings is holding firm to a strategy of premium…
Winn-Dixie stores will close or be sold at dozens of locations as list of grocery chain shake-ups grows
This year has not been a great one for grocery stores, with chains like Kroger and Safeway closing locations in recent months. Now, the Southeastern grocery chain Winn-Dixie appears to be…
China says Dutch Nexperia seizure places supply chain at risk
Talks between the two governments come a week after the Dutch state seized control of Nexperia using an emergency Cold-War era law China’s Commerce Minister warned that the Dutch state’s…
Trump’s cane sugar push for Coca-Cola faces supply chain hurdles
Murphy’s comments underscore friction between Trump’s demands and business reality for US firms President Donald Trump pushed Coca-Cola to make Coke using US cane sugar. The problem is,…