EU takes Hungary to court over margin caps on retail products
The European Commission (EC) has referred Hungary to the Court of Justice of the European Union (CJEU) over rules capping …
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Tesco weighs exit from Central and Eastern Europe – report
UK supermarket group Tesco is considering selling its Central and Eastern European business, a move that would mark the end …
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Why shoplifting and retail violence increase with major sporting events
Major sporting events can be a welcome sales opportunity for retailers, but they also create conditions that increase the risk …
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Trade-ins help independent hi-fi retailers compete
Independent hi-fi retailers are strengthening their position by combining specialist customer service with trade-in programmes that encourage repeat purchases and …
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Walmart is giving World Cup visitors an inside look at American retail
Walmart is using the FIFA World Cup to turn its stores into destinations for international visitors, expanding its retail strategy …
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M&S to outline shareholder returns plans this year – report
UK retailer Marks & Spencer (M&S) will set out plans this year on increasing shareholder returns in the coming years, …
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Kering and L’Oréal move up Gucci beauty deal by a year
Gucci and Balenciaga owner Kering and French beauty group L'Oréal have signed a 50-year exclusive beauty licence agreement for Gucci. The …
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Amazon expands rapid delivery product range in Brazil
Amazon has increased the number of products available through its 15-minute delivery service in Brazil by 15% due to robust …
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John Lewis puts 200 jobs at risk – report
John Lewis has launched a consultation regarding 200 potential redundancies tied to proposals to close bureau de change counters in …
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Luxury and premium retailers reclaim the resale experience
Luxury and premium retailers are taking greater control of the luxury resale market as brands invest in their own second-hand …
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FCA report signals new era for AI in retail finance
Artificial intelligence is set to reshape retail financial services over the next decade, with banks, insurers, lenders and payment providers …
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Ex-Primark chief reportedly advising Asda on George budget clothing range
Former Primark chief executive Paul Marchant is advising Asda on its George budget clothing line, Bloomberg reported. People familiar with the …
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York Holdings weighs acquisitions as IPO preparations continue – report
Japanese supermarket operator York Holdings may pursue acquisitions should appropriate opportunities arise, Bloomberg reported, citing director Naofumi Nishi. Seven & i …
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Tokmanni names Sampo Päällysaho as new CEO
Finnish variety discount retailer Tokmanni Group has appointed Sampo Päällysaho as its new chief executive officer, succeeding Mika Rautiainen, who …
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Walmart and Sam’s Club lower summer prices
Walmart and its subsidiary Sam's Club have reduced prices on thousands of products, including beef, grilling supplies and household essentials, …
