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In Brief

Big Lots acquires entire inventory of Hearthsong brand toy range 

Items in the collection will be sold at between 50% and 70% below their original retail prices. 

Latest news

Discount retailer Pepco to cease operations in Austria

The retailer will not achieve the expected level of returns in the Austrian market.

Household disposable income reaches highest level in almost two years

However, these results were not equally applicable across UK households with varying incomes.

Loblaw reports 9.4% net earnings growth in fiscal 2023 

The retailer’s full year revenue increased by 5.4% to $59.52bn.

Naiz Fit introduces generative AI to enhance online fashion shopping

Naiz Fit is innovating with virtual try-ons that use customers' photos, eliminating the need for 3D garment modelling.

Metcalfe’s Market integrates more Toshiba self-checkout technology 

Toshiba’s self-checkout system 7 streamlines daily accounting processes and reduces queue lines.

Health and wellness now top splurge category for US consumers

Health and wellness segments include well-being, vitality and balance, moderation, guided health, weight management and fitness.

Revieve launches personalised beauty shopping with Google Cloud AI

Match My Look allows users to upload any makeup look for comprehensive analysis using Vertex AI by Google Cloud.