Asda launches stand-alone George concept store trial in Leeds, UK
Grocery retailer Asda has initiated a pilot for its new George stand-alone concept store to explore the potential for overhauling …
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UK food inflation hits 11-month high in April 2025 as labour costs rise
The latest figures from the British Retail Consortium (BRC) – NielsenIQ shop price index indicate a shift in the retail …
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UK April 2025 retail sales down for seventh month as May decline looms
The latest Confederation of British Industry (CBI) Distributive Trades Survey has observed a deceleration in the decrease of sales volumes …
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Lidl GB unveils £500m investment to expand retail network
Discount retailer Lidl GB has unveiled a significant investment strategy, earmarking £500m ($667m) for the development of its retail network. The …
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UK retailers raise alarm over job rights reforms
The Government’s new Employment Rights Bill, debated in the House of Lords today, is facing strong criticism from some of …
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BNPL loans surge in US as cost-of-living crisis deepens
A new survey from LendingTree has highlighted concerning trends in the use of BNPL services in the United States. More …
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Starbucks union votes down 2% raise offer amid bargain talks
Union representatives from Starbucks engaged in negotiation in the US have unanimously turned down a offer from the coffee giant, …
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India’s Reliance Retail reports 29.1% PAT increase in Q4FY25
Reliance Industries’ retail arm has announced a profit after tax (PAT) of Rs35.45bn ($415.95m) for the fourth quarter (Q4) of the …
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Carrefour Q1 FY25 performance matches outlook
French retail giant Carrefour has announced that the group’s performance for the first quarter (Q1) of 2025 (FY25) aligns with …
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M&S pauses online orders amid cyber incident, while stores remain open
British food and clothing retailer Marks & Spencer (M&S) has temporarily halted all online orders in the wake of a …
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Carter’s halts guidance amid tariff uncertainty and sees Q1 FY25 sales dip
North American apparel retailer Carter's has reported net sales decrease of 4.8% to $629.83m in the first quarter of fiscal …
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China lowers tax rebate limit to attract foreign shoppers
China has announced a reduction in the minimum spending required for foreign tourists to qualify for tax refunds, aiming to …
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Skechers delivers record Q1 2025 sales of $2.41bn, pauses guidance
Global footwear and apparel company Skechers USA has reported a record sales totalling $2.41bn in the first quarter (Q1) of …
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Hudson’s Bay initiates final liquidation across Canada
Canadian retail conglomerate Hudson’s Bay Company has commenced liquidation sales at its remaining six Hudson’s Bay stores and one Saks …
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Zegna Group reports €459m Q1 2025 revenue on strong DTC performance
Italian luxury fashion house Ermenegildo Zegna has reported unaudited revenues of €458.82m ($521.55m) for the first quarter (Q1) of fiscal …
