Turkish grocery start-up Getir raises $1bn for speedy delivery expansion
Getir acquired over $550m from investors to boost its delivery service expansion and benefit from the surge in online grocery shopping.
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Ted Baker reports 42.2% decrease in retail sales for last year
Ted Baker’s revenues dropped in the 53 weeks to 30 January due to ongoing Covid-19...
Etsy’s acquisition of Depop provides potential for growth in preloved clothing market
Etsy plans to acquire Depop and the deal is set to help Etsy expand its...
B&M’s value proposition appeals amid COVID-19
With its essential retailer status and wide product range, B&M performed strongly during the Covid-19...
Pets At Home sales surge to £1bn driven by pandemic pet ownership
Pets at Home has seen annual sales growth since the pandemic as more people turn...
Covid-19 Retail Influencers trends: Covid-19 leads Twitter mentions in Q1 2021
The top tweeted terms are the trending industry discussions happening on Twitter by key individuals (influencers) as tracked by the platform. 1. Covid-19 – 1,800 mentions Scotland’s post-lockdown roadmap for…
Increased pet ownership during COVID-19 drives roaring year for Pets at Home
Pets at Home is a clear beneficiary of high consumer demand for pets and pet care amid the pandemic, with group revenue rising 7.9% to £1.14bn in FY2020/21. Its retail…
Sharing Economy in Consumer Goods: Timeline
The impact of the sharing economy on the consumer goods industry has expanded considerably, with a new generation of companies promising to unlock hidden value and convenience, from product discovery…
Shiseido and Dolce & Gabbana part ways as Covid-19 takes toll on luxury cosmetics
Japanese cosmetics and personal care giant, Shiseido Company Limited, announced it is partially terminating its global license agreement with Italian luxury fashion label Dolce & Gabbana (D&G). The license agreement…
Sharing Economy in Consumer Goods: Regulatory Trends
In many sectors, regulatory frameworks have failed to adapt and keep up with the growth of the sharing economy and the new challenges and business models it has created. This…
Wilko underperforms other essential retailers during COVID-19
Given Wilko’s status as an essential retailer, which has allowed it to keep stores open during periods of lockdown, its sales growth for the year to the end of January…
