IKEA invests more than £35m to increase staff pay in UK
Starting in 2024, hourly-paid workers will receive a 10% increase and salaried co-workers will see their pay rise by 5%.
06 December 2023
06 December 2023
Starting in 2024, hourly-paid workers will receive a 10% increase and salaried co-workers will see their pay rise by 5%.
The partners will open 60 M&S Food concessions at Applegreen locations in the next ten years.
Mastermind Toys began liquidation sales at 18 stores on 1 December 2023.
The project is part of the retailer's broader commitment to long-term PPAs.
Following a trend of early Christmas preparations, evidenced by a surge in sales, Lidl expects the holiday spirit to persist.
GlobalData's Energy Monitor reports on the latest wrangling over fossil fuels from COP28 in Dubai.
Growth has slowed as rising living costs trigger consumers to rein in spending on non-essential products.
Sales fell by 12.1% to $1.39bn in Q3 FY24 from $1.58bn in the same quarter of the previous year.
Womenswear is expected to grow at a CAGR of >7% between 2022 and 2027 (per GlobalData), as more female consumers take up outdoor sporting activities and more brands launch female focused ranges, including fashion players like H&M and Zara.
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Although personalization is a theme that has been present in the retail industry for decades, it has become more prevalent and important to consumers in recent years. This increase is tied to the rise of online shopping. Personalized products are currently especially prevalent in the health & beauty sector, due to the links to the health & wellness trend, which is particularly important to young consumers.
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