Symbotic seals $200m deal for Walmart’s robotics unit
AI tech company Symbotic has agreed to acquire Walmart’s Advanced Systems and Robotics division for $200m in cash. Symbotic will construct …
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Leading Sales and Marketing Intelligence Providers and Technology Solutions for the Retail Industry
Leading sales and marketing intelligence providers and technology solutions for the retail industry: introduction In the global world and ever-evolving landscape …
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UK retail sector confronts downturn in December 2024 sales volumes
UK retail sales volumes saw a decline of 0.3% in December 2024, following a marginal increase of 0.1% in November, …
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Target sees strong 2024 holiday sales surge amid leadership overhaul
US retail giant Target has provided an update on its 2024 holiday sales performance, alongside a strategic reshuffle of its …
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Retailers shift to tap-and-go payments
The adoption of contactless payments has surged in recent years, transforming the way consumers and businesses handle transactions. What was …
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Henderson Retail’s EUROSPAR supermarket opens in Ballymena, NI
SPAR's licensed organisation in Northern Ireland, the Henderson Group, has unveiled a new EUROSPAR supermarket on Doury Road, Ballymena. A 43-week …
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US 2024 holiday season retail sales exceed expectations
The US retail sector has shattered previous records, with core retail sales during the 2024 holiday season increasing 4% over …
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Board of India’s Aditya Birla Fashion and Retail approves $500m equity raise
Indian conglomerate Aditya Birla Fashion and Retail Ltd (ABFRL) has received approval from its board to strengthen its capital base …
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Superdry ends trademark feud with Manchester City football club
UK-based fashion retailer Superdry has resolved its trademark infringement dispute with Manchester City, the Financial Times has reported. The contention arose …
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Survey shows retail CFOs worry about 2025 outlook
A recent survey of Chief Financial Officers (CFOs) from 52 leading retailers paints a bleak picture of the trading landscape …
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Currys reports underlying sales up 2% for Christmas 2024 trading period
UK electronics retailer Currys has reported a 2% uptick in like-for-like (LFL) sales over the ten-week peak sales period concluding …
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ASOS revamps global distribution and plans enhanced US operations
British online fashion retailer ASOS plans to overhaul its global distribution network as it aims to enhance its US operations. The …
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Guess Jeans debuts in India through Tata CLiQ alliance
US-based denim lifestyle brand Guess Jeans has entered the Asian subcontinent through an exclusive long-term franchise partnership with Tata Group's …
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UK tribunal dismisses reseller collusion allegations against Apple and Amazon
The UK Competition Appeal Tribunal has dismissed a legal claim against technology giant Apple and online retailer Amazon, which had …
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ReposiTrak and Upshop link for end-to-end traceability solution
Food traceability network ReposiTrak has entered a strategic partnership with US-headquartered store operations technology provider Upshop. Combining their technology platforms, the …
