NRF reports 7.1% increase in US core retail sales during July
Online and other non-store sales increased 2.7% from June adjusted seasonally and were up by 18.1% unadjusted from a year…
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boohoo announces strategic investment in Revolution Beauty
The deal makes boohoo the fourth largest shareholder in Revolution Beauty.
Target reports 3.5% revenue growth for second quarter of FY22
The company attributed the increase to sales growth of 3.3% and a 14.8% rise in other revenues.
IKEA to liquidate its Russian unit as Ukraine conflict continues
The decision is part of the Swedish retailer’s move to further scale down its operations in Russia.
Walmart posts 8.4% rise in revenue in second quarter of FY23
The multinational retailer reported revenue of $152.9bn, compared with $141bn a year earlier.
Authentic Brands to buy fashion retailer Ted Baker for £211m
Authentic Brands manages major brands such as Reebok and Juicy Couture, as well as the image rights of Elvis Presley.
Delta 9 Cannabis to acquire three stores in Manitoba, Canada
Two of the Garden Variety retail cannabis stores are located in Winnipeg, with one in Brandon.
Grocery Outlet and DoorDash to offer same-day deliveries in US
DoorDash will offer its delivery service from 398 Grocery Outlet stores across the country.