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Patagonia settles trademark infringement case with Gap
US-based outdoor apparel retailer Patagonia has reportedly settled its trademark infringement case with clothing company Gap. On 11 November 2022, Patagonia …
JPMorgan downgrades Target over growing concerns
JPMorgan has downgraded the retail giant Target due to mounting concerns about its future prospects. The downgrade by the investment bank …
Macy’s lowers outlook as sales weaken and shares drop
Department store retailer Macy's experienced a decline in its shares on Thursday after announcing a reduction in its full-year outlook. …
Dollar General slashes outlook as core customers cut spending
Shares of popular discount retailer Dollar General plummeted nearly 20% in morning trading following a disappointing earnings report. The company's core …
SMCP implements Openbravo’s to manage store operations
France-based luxury retailer SMCP Group has selected cloud-based unified commerce platform provider Openbravo to improve its shopping experience. The retailer selected …
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T&T Supermarkets unveils new store Coquitlam, Canada
Canada-based Asian supermarket chain T&T Supermarkets has expanded its presence in the country by opening its new location in Coquitlam. The …
Saudi Arabia’s PIF to acquire a 30% stake in Tamimi Markets
Saudi Arabia-based wealth funding firm Public Investment Fund (PIF) has agreed to acquire a 30% stake in grocery store chain …
Lululemon Athletica records 32% gross profit in Q1 FY23
Athletic apparel retailer lululemon athletica has reported a gross profit of $1.2bn in the first quarter (Q1) of fiscal year …
The UK government’s food price cap is based on hallucinations of “greedflation”
The UK government’s battle against inflation has given rise to a bafflingly, unworkable and inequitable proposal to get supermarkets to …
Woolworths pledges to switch to a 100% electric delivery fleet
Australia-based supermarket giant Woolworths has strengthened its commitment to sustainability across its delivery network. The retailer aims to replace more than …
RFID technology is revolutionising India’s retail industry
Radio frequency identification (RFID) technology has extended its reach beyond healthcare and is gaining momentum in the Indian retail industry, …
The meal deal market continues to grow during the cost-of-living crisis
Post-pandemic, retailers and foodservice operators are finding it tricky to anticipate areas of demand in the weekday lunch occasion as …
Amazon settles $25m lawsuit over Alexa’s privacy breach
Amazon.com has reached a settlement of $25m following allegations that the company violated children's privacy rights through its popular voice …
Aldi seeks Staffordshire suppliers to support British businesses
Aldi, the fourth-largest supermarket in the UK, is actively searching for new suppliers in Staffordshire to partner with in 2023. This …
Govt pushes ‘food price cap’ despite supermarket row
The UK government is forging ahead with its controversial ‘food price cap’ plan, despite resistance from major supermarkets. The Department for …