Ocado Retail records 15.5% revenue growth in Q3 FY24
Ocado Retail, a collaboration between Ocado Group and Marks & Spencer, has announced a 15.5% revenue increase to £658m in …
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YouTube partners with Shopee to boost e-commerce in Indonesia
YouTube has teamed up with Shopee, Southeast Asia's leading e-commerce platform, to expand its shopping features in Indonesia, Bloomberg reported. This …
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Hammerson completes Value Retail sale, paves way for growth
Hammerson, a leading owner and manager of premier shopping destinations, has successfully concluded the sale of its interest in Value …
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UK CPI annual inflation rate in August 2024 remains unchanged
The UK Consumer Prices Index (CPI) annual inflation rate was at 2.2% in the 12 months to August 2024, according …
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California’s ORCTF achieves high rates of enforcement in August 2024
The California Organized Retail Crime Task Force (ORCTF), led by the California Highway Patrol (CHP), has made significant strides in …
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Shopify enhances print on demand with PrintKK integration
E-commerce marketplace Shopify has expanded its partnership with PrintKK, an e-commerce print-on-demand solutions provider. The collaboration enables Shopify store owners to …
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Co-op launches 24-hour online grocery delivery service in UK
British co-operative group Co-op has announced the launch of a 24-hour online grocery delivery service in the UK, to meet …
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Kingfisher’s sales fell by 1.8% in H1 2024/25
European home improvement retailer Kingfisher has reported a 1.8% decline in sales to £6.75bn ($8.91bn) for the first half (H1) …
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Asda co-owner steps down to focus on EG Group
Asda has announced a significant leadership change as co-owner Mohsin Issa steps back from his executive role to focus on …
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US retailers brace for softer holiday hiring season
As the late-year holiday shopping season approaches, US retailers are preparing for a less robust hiring spree than last year, …
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THG plans to demerge tech division and reports results for H1 FY24
British e-commerce company THG, formerly The Hut Group, is preparing to demerge its technology arm, THG Ingenuity, as it aims …
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Saks Fifth Avenue deploys Salesforce AI and data technology
American luxury fashion brand Saks Fifth Avenue has expanded its partnership with cloud-based software company Salesforce to enhance the luxury …
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Walmart’s Sam’s Club unveils new associate compensation plan
Sam’s Club, a membership-only warehouse club retail stores owned and operated by Walmart in the US, has announced a new …
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Waitrose invests additional £10m in price reduction initiative
UK supermarket chain Waitrose has announced a further investment of £10m ($13m) to reduce prices across 250 premium products - …
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Retailers call for business rate reform ahead of Autumn Budget
The British Retail Consortium (BRC) has made a submission to the government, outlining recommendations for the upcoming Autumn Budget 2024. The …
