• Friday, March 06, 2015

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Retailers

70pc sales gone with blockade

MEDIUM-SMALL RETAIL BUSINESS

70pc sales gone with blockade

The ongoing political unrest wiped out as much as 70 percent of retail sales across the country in the last one month, pushing many medium and small retailers to the brink of closing their businesses. Apart from retailers, around 24 lakh hawkers and street vendors have seen a sharp fall in sales, as the number of buyers plunged amid fears of arson and bomb attacks. Bangladesh Shop Owners' Association that represents 25 lakh retailers in the country said their average sales dropped to around Tk 900 crore from Tk 3,000...

  

Garment buyers threaten to shift orders

Garment buyers threaten to shift orders

A group of US-based garment retailers has threatened to shift work orders from Bangladesh to other destinations if political deadlock does not end soon, BGMEA President Atiqul Islam said yesterday. "The retailers said they are thinking of an alternative to Bangladesh as the ongoing blockade is hampering timely shipment of garments," Islam said, quoting an email he received from some retailers yesterday. The buyers also said they will not travel to Bangladesh to check samples of goods due to political violence, especially arson attacks on vehicles, according to Islam. The buyers are now asking the garment makers to send the samples to the US, he said. The US is the single largest export...

Unrest for another week and retailers will shutter shops

Retailers have threatened to shut all shops across the country if the political parties do not put a lid on the violence by next week. “What kind of movement it is that kills innocent people? We are on the verge of bankruptcy owing to the last 19 days of violent politics,” SA Kader Kiron, chairman of Bangladesh Dokan Malik Samity, a platform of shop owners, said yesterday at a press briefing in the capital. Hardly any customer comes although the shops...

Apple slims iPad, sharpens iMac

Apple slims iPad, sharpens iMac

Apple unveiled its new line of products on Thursday, including a thinner iPad that gives customers the ability to unlock the device and purchase items with their fingerprints, reports SFGATE. The iPad Air 2 has a screen that’s 6.1 millimeters thick - thinner than a pencil and nearly 20 percent more slender than the...

Garment units reel from safety threats

Most garment factories have structural flaws due to poor implementation of laws, a global alliance of retailers said yesterday. Around 74 percent of the garment factories were established before the enforcement of the Bangladesh National Building Code, said Mesbah Rabin, managing director of Alliance for Bangladesh Worker Safety, a platform of 26 North American clothing retailers. “Most factories do not have any drawing design, soil test reports, electrical line outlines. We, therefore, are facing challenges in inspecting factories,” he said yesterday...

HRW for trade union in RMG

Human Rights Watch has urged Bangladesh to stop garment owners from intimidating and threatening workers for organising trade unions and to prosecute those responsible for attacks on labour leaders. Foreign buyers, including major US and European retailers, should ensure that Bangladeshi garment suppliers respect labour rights, the New York-based rights body said in a report published yesterday. The rights body interviewed 47 workers of 21 factories in and around Dhaka to make the report. Some workers told HRW that not only had...

Owners threatening RMG workers over union: HRW

Owners threatening RMG workers over union: HRW

International rights watchdog Human Rights Watch has urged Bangladesh government to stop garment factory owners from intimidating and threatening workers for organising trade unions, and prosecute those responsible for attacks on labour leaders.

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