Frasers Group partners with SADA for new data platform
UK-based retail company Frasers Group and SADA have signed new services engagement to develop a new data platform on Google …
Pepkor’s half-yearly profit drops by 11.7% in fiscal year 2023
Pepkor, a subsidiary of Steinhoff International Holdings (SIHNV), has reported that its half-yearly (H1) earnings dropped 11.7% in fiscal 2023 …
Sportsman’s Warehouse registers $15.6m net loss in Q1 FY23
US-based outdoor retailer Sportsman's Warehouse has reported a net loss of $15.6m in the first quarter (Q1) of fiscal year …
UK food price inflation slowed to 15.4% in May
Food inflation in the UK slowed to 15.4% in May, according to data revealed by the British Retail Consortium (BRC). The …
Asda buys EG Group’s UK and Ireland business for £2.27bn
Supermarket chain Asda has acquired the UK and Ireland operations of EG Group for an enterprise value of approximately £2.27bn. The …
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Irish retail sales in April got a boost from Motor Trades growth
Irish retail sales experienced accelerated growth in April, according to the latest data from the Central Statistics Office (CSO) released …
Retailers warn Sunak’s food price cap plan would cause shortages
Retail bosses and his own cabinet members have expressed concerns over Prime Minister Rishi Sunak's proposal to cap food prices. They …
Surge in pasta prices triggers Italian government crisis meeting
The Italian government has held a crisis meeting to address the sharp increase in pasta prices, which has sparked a …
Retailers must take more Pride in LGBTQ+ communities
Pride Month has become a time when retailers aim to express solidarity with the LGBTQ+ community by altering their logos …
Amazon offers term-time-only working option to UK parents
US-based e-commerce major Amazon is planning to offer term-time-only working contract option to parents working in its UK warehouses, BBC …
Steinhoff creditors approves WHOA restructuring plan
Multinational retail holding company Steinhoff International Holdings (SIHNV) has received creditors' approval for its debt restructuring plan. All three classes of …
UK to prohibit free sample vapes for kids
The UK government is set to close a loophole that enables retailers to give free samples of vapes to children …
MAXIMA GRUPĖ closes $107m financing agreements
Lithuania-based retail chain MAXIMA GRUPĖ has closed financing agreements for amounts totalling €100m ($107.03m) from different parties. The retailer will receive …
Who’s innovating where? Future of Work related patent filings activity decreased by 46% in the retail industry in Q1 2023
The global retail industry experienced a 46% decline in the number of future of work-related patent applications in Q1 2023 …
Who’s innovating where? Ecommerce related patent filings activity decreased by 57% in the retail industry in Q1 2023
The global retail industry experienced a 57% decline in the number of ecommerce-related patent applications in Q1 2023 compared with …