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MarketLine  

Love Island’s switch to second-hand clothes will encourage sustainable shopping

This comes on the back of previous criticism from sustainability campaigners regarding its promotion of fast fashion retail.

Food shortages could be on the horizon for UK consumers

Free Report What’s the forecast for the food and grocery industry? The food and grocery sector thrived during the pandemic,…

Surge in Omicron cases keeping UK shoppers away from the high street

A rapid surge in Covid-19 cases has negatively affected high street retailers in the week before Christmas, with many customers preferring to shop online.

TikTok Expands into eCommerce with Live Shopping Event

Social media platform TikTok has marked its entry into ecommerce with its first live shopping event. The event runs from 5pm on December the 8th and 9th in the UK.

Asda tests new measures to prevent Christmas supply chain issues

Asda is making efforts to anticipate and prevent Christmas product supply issues relating to shortages through investment in the supply chain.

Uber becomes an early mover in the booming cannabis market

From Monday 29 November, Uber Eats customers in Ontario, Canada, will soon be able to order cannabis for pick-up under a new category in the app.

Profitability of online fashion giants takes a hit from supply chain disruptions

Supply chain disruptions have led to warnings about precarious profit performances for online fashion retailers amid challenges for the UK retail sector.

Primark Q4 sales hit by Covid health restrictions fall short of expectations

Sales at the discount fashion chain Primark were lower than expected in recent months, after footfall was affected by rising coronavirus cases, according to Primark’s owner Associated British Foods (ABF).

Private equity funds can only bring destruction to the grocery retail industry

The pending takeover of Morrison’s by a private equity fund, is set to be the second after that of ASDA a year earlier, and it might not be the last as private equity funds are strongly interested in taking over the British grocery retail industry.

Foot Locker to expand post-COVID footprint with $1.1bn acquisitions of WSS and atmos

Foot Locker has announced plans to buy athletic retailer WSS and Japan-based atmos for a combined total of $1.1bn.