Ermenegildo Zegna sees 6% YoY revenue growth in H1 2024
Italian luxury fashion house Ermenegildo Zegna Group has reported a 6.3% year-on-year (YoY) increase in revenue for the first half…
26 Jul 2024
NRF honours US lawmakers for support of retail sector
The US National Retail Federation (NRF) has announced this year’s Champion and Hero of Main Street - awards recognising members of the US Congress who have demonstrated leadership on key…
26 Jul 2024
Deliveroo and UK retailer The Perfume Shop expand delivery offering
Online delivery company Deliveroo has announced a partnership with UK specialist fragrance retailer The Perfume Shop to enhance its online retail offer: Deliveroo Shopping. The collaboration will enable customers to…
26 Jul 2024
JD Sports Fashion acquires Hibbett for $1.1bn
UK-based omnichannel retailer JD Sports Fashion has completed the acquisition of US-based athletic-inspired fashion retailer Hibbett. Effective as of 25 July 2024, the closure follows the receipt of approval from…
26 Jul 2024
Sam’s Club introduces in-app display ads to boost member engagement
Sam’s Club - of Walmart - is expanding its digital advertising platform with the launch of display ads within its popular Scan & Go mobile checkout feature. The move aims…
26 Jul 2024
Kroger-Albertsons merger hit by fresh setback
The proposed $25bn merger between US-based grocery giants Kroger and Albertsons has encountered another significant hurdle. A Colorado court has issued a temporary injunction halting the deal until a trial…
26 Jul 2024
Canada’s Loblaws and George Weston settle bread price-fixing lawsuit
Canadian retailers Loblaws and George Weston have settled the nationwide bread price-fixing lawsuit, agreeing to pay C$500m ($361.704m). The settlement resolves allegations of an industry-wide price-fixing arrangement involving packaged bread…