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French retailer Casino Group has concluded the sale of its three hypermarkets to the members of cooperative society and hypermarket chain Groupement E. Leclerc for €38m ($42.30m).

UK department store chain John Lewis & Partners has announced it will trial a virtual reality retail experience, Visualise Your Space, to help customers envision new products in their homes before they buy.

In last few decades, Businesses have diversified themselves so much. From once a barter system to now crypto currencies in trend, Business has evolved leaps and bound. So has the approach of doing business. Business is no more a mere commerce between two enterprises but has become a science and subject of study. A lot of thought and research goes into developing a good business trait and efficient business processes. Business doesn't only mean a huge company with huge machinery and a grand infrastructure, with time and technology as a business can be as compact as a website or just a mobile application. However, the one thing that creates a business is its execution! For a business to bloom and flourish, it is extremely important that its processes are optimized and function smoothly. To add value to the business processes it is important to develop a strong understanding of the business processes. There are different methods and techniques to deal with a human resource intensive business and a different approach to enhance an automated process. Since the processes are different in nature, the optimization aim and methods are different too. Before using any technique it is thus essential to first understand the types of Business Processes your line of business falls in. The business processes typically are of three types: * Primary Process ( also termed as essential process) * Support process * Management process. Primary process: The primary process is the fundamental line of business of the enterprise. It deals closely with the core values of the business and the value chain. As the name suggests, a primary process is a basic process through which the enterprise delivers services/ products to its clients. Dealing this process is very crucial as this is the fundamental process as it directly affects the deliverables to the clients. These processes form an integral part of an organization and need to be paid close attention to. The aim in optimizing this p

US supermarket chain Food Lion has launched its new grocery pick-up service at select stores across the US. All participating stores are located across the three states North Carolina, South Carolina, and Virginia.

US drugstore chain Walgreens has announced plans to close around 200 locations in the US as part of its transformational cost management programme. This move follows a review of the real estate footprint in the US that was announced by the company on its earnings call for the fiscal quarter ended 31 May this year.

UK supermarket chain Tesco has announced plans to cut 4,500 jobs at 153 Tesco Metro supermarkets in the UK. The company also plans to support affected employees by helping them find alternative roles within Tesco.

American supermarket chain Food City has selected technology platform GlobalWorx OOS-Alert solution for deployment across its retail locations.

Know what is procurement, procurement process or cycle, and different types of procurement methods. Tenders, Agreement, and Supply chain development.

Look back at your top customers and determine the characteristics that make them profitable and entertaining to work with. Make sure your top customer profile

The telecoms sector is undergoing a series of fundamental transitions, including challenges such as OTT and new revenue streams such as the IoT and M2M market. In particular, there is a battle to be fought between telecoms and internet companies over how much of the value chain they will control.

Mega Image brand president Mircea Moga said: "The acquisition of the most important player in the Vrancea market is part of our strategy to develop and expand into new territories.

US-headquartered coffeehouse chain Starbucks has upped its packaging sustainability efforts over recent years - from implementing cup charges to selling own-brand reusable tumblers. Packaging Gateway takes a look at the current and future sustainable packaging efforts from Starbucks.

McDonald's is the secondlargest fast-food restaurant chain in the world, available in 119 countries with approximately 36,900 restaurants and nearly 68 million customers visiting every day. Innovation has played a huge part in its success.