IKEA retail sales revenue declines 5.3% in FY2024 due to lower prices
The Inter IKEA Group has reported a 5.3% drop in IKEA retail sales revenue for the financial year 2024 (FY24), …
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Luxury beauty brands revive bricks-and-mortar in Southeast Asia
Despite the surge of e-commerce during the Covid-19 pandemic, luxury beauty brands are making a comeback in Southeast Asia's physical …
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Instacart and Roku expand partnership to offer shoppable TV ads
North American grocery technology company Instacart and Roku, a US TV streaming platform, have announced an expansion of their partnership …
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SPAR Switzerland retailer introduces “silent hours” in 14 stores
Hans-Ruedi Schnellmann, a SPAR Switzerland retailer, has implemented "silent hours" in 14 stores across the greater Zurich area, providing a …
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Aldi to hire 3,500 new employees for festive season 2024
Supermarket chain Aldi plans to recruit 3,500 new store colleagues across the UK as it prepares for the anticipated increase …
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Waitrose and Just Eat to offer quick delivery from 229 UK locations
British supermarket chain Waitrose has formed a multi-year partnership with Just Eat, the UK's largest delivery network, to enhance its …
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Dunelm and OnBuy leverage Google Cloud to boost customer experience
At the Google Cloud Summit held in London in October 2024, Google Cloud showcased its role in driving retail innovation …
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Amazon unveils innovations in delivery, robotics and sustainability
Retail giant Amazon recently announced a series of advancements across delivery, robotics, AI and sustainability, underscoring its commitment to customer …
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Spirit Halloween and Roadie partner for e-commerce same-day delivery
North American retailer Spirit Halloween has partnered with logistics management and crowdsourced delivery platform Roadie to offer same-day delivery across …
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Amazon to deploy AI package retrieval tech on 1,000 electric vans
US e-commerce giant Amazon is set to deploy a new AI-powered solution, Vision-Assisted Package Retrieval (VAPR), on 1,000 electric delivery …
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Walmart to optimise shopping experience with new technologies
US multinational retailer Walmart has announced its plan to integrate advanced technologies, including AI, generative AI (genAI), augmented reality (AR) …
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Authentic Brands partners with Saks Global on new luxury venture
The US-based Authentic Brands Group has joined forces with Saks Global to create a new luxury platform, Authentic Luxury Group …
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How is retail media measuring up against traditional channels?
Retail media continues to be one of digital advertising’s fastest-growing channels. Projected to account for more than 25% of global …
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Shein UK makes £1.55bn revenue in 2023 as London IPO nears
Online retailer Shein Group's UK subsidiary, Shein Distribution UK, has reported £1.55bn ($2.03bn) revenue in the year to December 2023 - …
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Couche-Tard raises bid for Seven & i, despite initial rejection
Canada’s Couche-Tard has increased its offer for Japan’s Seven & i Holdings, signalling continued interest in acquiring the convenience store …
