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H&M has reached an agreement with the Spanish trade unions CCOO and UGT regarding the elimination of nearly 100 office jobs in Madrid and Barcelona. The cutbacks will thus be more limited than the company initially indicated.

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Burberry is revising the bonus plan for CEO Joshua Schulman: the CEO can now earn up to £12.2 million (€14.4 million). At the same time, the British luxury retailer is scaling back its climate goals.

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METTLER TOLEDO introduces FreshAI, an innovative solution for automatic item recognition on the scale. The advanced software is able to display the right product within half a second with ~99% accuracy.

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Asda is partnering with technology company Ocado: the supermarket chain will use Ocado’s software platform. Through this strategic alliance, the British supermarket group hopes to catch up in the online grocery market.

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According to a report by the French Senate, supermarket chains reportedly make a profit of about 40 euros on every 100-euro shopping cart. This conclusion has sparked outrage among the CEOs of companies such as E.Leclerc and Carrefour.

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