Tag: Retail Market
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Gold Price Surges in Tamil Nadu as Jewelry Demand Remains Strong
Tamil Nadu Gold Market: Demand and Price Dynamics Even as international markets push gold prices higher, Tamil Nadu continues to show robust consumer demand for gold jewelry. Industry sources indicate that the state’s gold jewelry trade remains active, with an estimated daily turnover of around 15,000 kilograms. This high volume is handled by a vast…
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UOL Sells Kinex Mall for S$375 Million: A Strategic Move
Overview of the Sale In a significant development in the Singapore real estate market, UOL Group Limited has announced the sale of Kinex Mall for S$375 million. This transaction highlights ongoing shifts in the retail property sector and UOL’s strategic focus on optimizing its portfolio. The buyers are Kinex Times Square and Xiaohong Property Management,…
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Nike’s Upcoming Layoffs: Corporate Office Staff Affected Again
In an unexpected announcement, Nike has revealed plans for another wave of layoffs, specifically targeting its corporate office staff. This news follows hints given by the company’s president and CEO, Elliot Hill, during the release of the fourth quarter reports for the fiscal year 2025. This decision is part of a broader strategy that the…