New ways technology is changing retail
The retail industry is undergoing significant transformation as new technologies continue to influence both online and in-store experiences. Retailers are increasingly …
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Dick’s Sporting Goods to acquire Foot Locker for $2.4bn
US omni-channel retailer Dick's Sporting Goods has agreed to purchase rival Foot Locker in a $2.4bn deal, which will help …
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Cyber gang behind UK attacks shifts focus to US
A cybercriminal group previously linked to a series of ransomware attacks on major UK retailers is now targeting companies in …
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B&M appoints former Tesco executive as new CEO
UK variety goods retailer B&M European Value Retail has appointed former Tesco executive Tjeerd Jegen as its new CEO to …
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Walmart faces $222m verdict for Zest Labs’ trade secrets theft
US retail giant Walmart has been ordered to pay more than $222m to technology start-up Zest Labs for allegedly stealing …
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Co-op in recovery phase and restocking after cyber-attack
British co-operative group Co-op group is recovering from a cyber intrusion that led to the intentional disabling of key IT …
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Uber and iFood boost delivery convenience for Brazilian consumers
Uber Technologies has formed a strategic alliance with food delivery service provider iFood to enhance convenience for consumers across Brazil. Users …
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Government acts as UK retail crime escalates
Retail crime in the UK has reached unprecedented levels, with incidents of theft and violence against shop staff surging in …
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Iceland supermarket confirms more store closures
Iceland, the UK’s popular frozen food supermarket chain, has confirmed it will close two of its stores this summer as …
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Burberry aims for £100m savings amid FY25 profit dip, 1,700 job cuts
British luxury fashion house Burberry has revealed plans to eliminate 1,700 positions globally by 2027 as part of an accelerated …
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American Eagle Outfitters withdraws FY25 outlook as Q1 revenue to dip 5%
Global speciality retailer American Eagle Outfitters (AEO) has withdrawn its financial guidance for fiscal year 2025 (FY25), citing prevailing macroeconomic …
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Under Armour reports revenue dip and gross margin growth in FY25
American sportswear brand Under Armour has reported a 9% decrease in revenue for fiscal year 2025 (FY25), totalling $5.16bn, down …
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Galeria to optimise supply chain with Blue Yonder capabilities
German department store chain Galeria has selected Blue Yonder’s demand and replenishment capabilities to improve supply chain operations and operational …
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UK retail sales surge in April with weather and rate cuts lifting confidence
UK retail sales has experienced a 7% year on year (YoY) increase in April 2025, contrasting with a 4% decrease …
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US retailers endorse House tax package ahead of key vote
The National Retail Federation (NRF) has voiced strong support for a new tax proposal introduced by House Ways and Means …
