UK retailers face new EU customs costs under post-Brexit trade regime
UK retailers selling online to EU consumers face new customs costs and data requirements as the bloc reforms its treatment …
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Decathlon to acquire 50% of Sport 2000 France
Decathlon and Céraclès Coopérative, formerly Groupe Sport 2000 France, have signed a letter of intent for Decathlon to acquire a …
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Uniqlo to double Japanese flagship footprint over next decade – report
Fashion chain Uniqlo plans to double its Japanese flagship stores to approximately 20 locations over the next decade, shifting away …
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GameStop projects revenue drops ahead of Q2
Video game retailer GameStop has forecast net sales of between $780m and $800m for its second quarter (Q2), ended 1 …
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US states and FTC accuse Amazon of hidden advert price hikes
Amazon is facing a lawsuit from the US Federal Trade Commission (FTC) and attorneys general across 22 states over hidden …
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Walmart to pay $50m to settle DOJ opioid-dispensing allegations
Walmart has agreed to pay $50m to resolve US government allegations that its pharmacies knowingly filled thousands of invalid opioid …
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REMA 1000 selects ITAB for store makeover and loss prevention rollout
REMA 1000 has awarded ITAB Group a new framework agreement covering store interiors and loss prevention solutions for its Norwegian …
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Ulta Beauty raises full-year outlook after increase in Q2 sales
Ulta Beauty has lifted its full-year guidance after reporting higher sales and earnings for the second quarter (Q2) of fiscal …
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Best Buy reports 4.3% rise in Q2 revenue, increases guidance
Best Buy reported a 4.3% year-over-year increase in second-quarter (Q2) revenue and raised its full-year guidance after higher sales and …
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Walmart plans $1.3bn Georgia fulfilment centre with 1,000 jobs
Walmart plans to build a new automated fulfilment centre in Carnesville, Georgia, US, in a move set to bring $1.3bn …
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Bath & Body Works Q2 net sales fall amid weak underlying demand
US-based Bath & Body Works reported lower second quarter (Q2) net sales but higher operating income and net income, as …
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Kmart eyes more homeware stores in Australia and Anko growth in Philippines
Kmart is preparing to expand its standalone homeware format in Australia and add more Anko stores in the Philippines, according …
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Couche-Tard launches formal bid for Poland’s Zabka Group
Canada-based Alimentation Couche-Tard has commenced a formal takeover offer for Polish convenience retailer Zabka Group. The company has set the offer …
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Amazon deepens quick commerce play in fashion – report
Amazon is widening its quick commerce strategy in fashion as it prepares to expand Amazon Now, reported The Economic Times, …
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Academy Sports + Outdoors partners Ariat to launch 200 shops
US sporting goods and outdoor recreation retailer Academy Sports + Outdoors has entered a partnership with Ariat International that will …
