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Signal: Chinese start-up Temu chips away at Amazon’s market share
Temu’s garish orange packages are becoming an increasingly common sight in couriers’ delivery consignments as inflation-weary consumers lap up the …
M&S.com enhances sports offering with adidas and Sweaty Betty
UK-based multinational retailer Marks & Spencer (M&S) has broadened its brand strategy by partnering with sportswear giants adidas and Sweaty …
New B&M store opens in Hinckley
B&M has opened a new store on Hawley Road in Hinckley, providing an economic boost to the area. This expansion …
Tesco freezes prices on 1,000+ everyday products
Supermarket giant Tesco has taken steps to provide value for its customers by locking the prices on more than a …
Aldi reports that its operating profit has increased to £178.7m
Supermarket chain Aldi has reported that its operating profit increased to £178.7m ($218.65m) in the 12 months to December 2022, …
Rite Aid proposes closure of 400 to 500 stores in bankruptcy
US-based drugstore chain Rite Aid is proposing to close approximately 400 to 500 stores in bankruptcy. Citing people familiar with …
New Balance launches ‘people-focused’ store in London Stratford
New Balance has opened the doors to its latest retail store, located at Westfield Stratford City in London. The store features …
SPAR Austria powers more than 50% of its trucks with bio-based fuels
The Austrian branch of the multinational retail chain SPAR has enhanced its commitment to sustainable mobility by switching to bio-based …
Co-op opens new store in West Yorkshire, UK
UK-based co-operative group Co-op has opened a new purpose-built store in Saltaire, West Yorkshire. Located on Bingley Road, Saltaire, the new …
Aptos GM: “Omnichannel focus has turned toward practicality, profitability”
Retail technology solutions provider Aptos has suggested that companies are taking a cautious approach to investing in their omnichannel operations …
ONS says UK retail sales rose by 0.4% in August 2023
UK retail sales volumes have grown by 0.4% in August 2023 after declining 1.1% in the previous month, according to …
Retailers continue to fundraise for Maui wildfire relief
US-based grocery retailer The Save Mart Companies is the latest retailer to raise donations for the Hawai’ian Island of Maui …
NEXT’s H1 total group sales increased 5.4%
UK-based clothing retailer NEXT has reported total sales of £2.63bn ($3.23bn) in the six months to July 2023, up 5.4% …
Adidas and Geek+ open automated distribution centre in China
Global sportswear brand Adidas and logistics technology provider Geek+ have opened an advanced automated distribution centre in Suzhou, China. Spanning 139,000m², …
Co-op posts an underlying operating profit of £43m in H1 2023
UK-based co-operative group Co-op has reported an underlying operating profit of £43m ($52.88m) in the first half (H1) of fiscal …