
HD Hyundai renames subsidiaries to strengthen brand identity
Mar 21, 2023 10:38 am UTC| Business Economy
HD Hyundai Co. is aiming to boost its brand identity, and to achieve this, it has decided to rename its subsidiaries. Moreover, the company is making this move to widen the exposure of its new name while also strengthening...

Foot Locker plans to shut down 400 stores
Mar 21, 2023 09:59 am UTC| Business Economy
Foot Locker Retail, Inc., an American sportswear and footwear retailer, is reportedly planning to close own 400 of its locations by the year 2026. The move is said to be part of a scheme as it tries to appeal to the...

Starbucks picks new CEO to replace Howard Schultz
Mar 21, 2023 09:39 am UTC| Business Economy
Starbucks Corporation announced it has appointed a new chief executive officer who will replace Howard Schultz. The coffeehouse company said that Laxman Narasimhan would take over almost two weeks earlier than...

Metaverse: Hyundai Department Store to debut its metaverse duty-free store
Mar 21, 2023 08:38 am UTC| Business Digital Currency Investing
Hyundai Department Store Duty Free (HDDFS) announced last week it had signed a memorandum of understanding (MOU) with OlimPlanet for a deal related to the metaverse business. OlimPlanet is a Seoul-based metaverse...

Burger King, McDonald's introduce return system for reusable packaging in Germany
Mar 21, 2023 08:33 am UTC| Business Economy
Burger King and McDonalds have developed a system for customers to return reusable packaging containers in Germany. The two leading burger joints have teamed up with reusable packaging solution companies to implement the...

NFT: Polygon, Salesforce team up to launch NFT Loyalty Program
Mar 21, 2023 07:20 am UTC| Business Digital Currency Investing
Polygon and Salesforce have come together to launch an NFT loyalty rewards system. The San Francisco-headquartered cloud-based software companys collaboration with a blockchain company is another one of its major...

Lotte Duty-Free fails to secure a spot in Incheon Airport
Mar 20, 2023 10:56 am UTC| Business Economy
Lotte Duty Free and China Duty Free Group (CDFG) have failed in their bids to secure a spot at Incheon Airport. They were not able to secure a license to set up their outlets at the facility while Hotel Shilla and...