22 September 2023
22 September 2023
UK CPI rose by 0.3% in August 2023 monthly, compared with a rise of 0.5% in the same period last year.
The 2023 holiday season promises to be a time of diverse shopping habits, reflecting changing consumer preferences and economic realities.
Fashion brand DeFacto, based in Türkiye, has been invited to join the United Nations General Assembly Private Sector Forum.
The retailer plans to introduce charges to more markets in the coming months.
The digital date-checking solution minimises food wastage and improve operational efficiency.
The latest figures from the Office for National Statistics show that theft has risen by 22% in 2023.
The company expects its full-year revenue to grow by mid-single digit.
The retailer expects an adjusted PBT of nearly £590m for full the year.
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Per GlobalData, the global duty-free market retailing market was valued at $49 billion in 2022, its highest level ever as it bounced back from the pandemic impact, and is expected to grow at a CAGR of more than 28% during the period 2020-2026, driven by government initiatives, rising passenger numbers, major global events (for instance global sporting tournaments) and the renewed popularity of cruise trips. Infrastructure investments will also play an important role, particularly airport expansion and space refurbishment, and investments in arrivals duty-free formats.
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