The company will absorb at least 1,000 stores after suffering a 44 per cent sale slump between February and April.
Store closures will be concentrated in Asia and Europe and it remains unclear whether Australian stores would be impacted.
Whoa!
Jobs jobs jobs.
Never have I found anything remotely good in their stores.
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Govt ramps up pressure on power companies to pass on savings | Sky News AustraliaEnergy Minister Angus Taylor says wholesale prices in Australia have 'halved from where they were', and has ramped up pressure on companies to pass on the savings. \n\nMr Taylor said the government was 'very clear' it wanted to see 'wholesale prices moving towards $70mwh'.\n\n'Even before the coronavirus crisis hit we saw wholesale prices halve, we want to see that passed on to customers as contracts roll over.\n\n'For heavy industry, it's the vast majority of the total cost in energy and that's a crucial point as we want to see job recovery happening on the other side of COVID-19.' \n\nImage: News Corp Australia\n\n\n AngusTaylorMP How do we get this clown out of parliament before he does any more damage?... ICAC AngusTaylorMP There’s no way no how the power companies will pass on 1 cent of savings. Electricity is an essential service & should be part of our nation security infrastructure. But both the LNP & Labor has sold off these to foreign corporations including Communist China. Both are to blame! AngusTaylorMP Prices drop thanks to cheap renewable energy that he despises....the irony.
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