Did Walmart’s RFID mandate successfully drive RFID adoption in retail?
In 2022, Retail giant Walmart announced that it was expanding the utilisation of radio frequency identification (RFID) technology beyond retail …
Roots’ total sales decreased 3.7% to $41.5m in Q1 FY23
Outdoor lifestyle brand Roots has recorded total sales of C$41.5m ($31.1m) in the first quarter (Q1) of fiscal year (FY) …
GameStop shares dive after executive shake-up
Video game retailer GameStop announced that it had dismissed its CEO, Matthew Furlong and appointed its former board chairman, Ryan …
Kirkland’s reports an operating loss of $10.3m in Q1 FY23
Home décor and furnishing retailer Kirkland's has reported that its operating loss was $10.3m in the first quarter (Q1) of …
Amazon workers announce three new strike dates
Workers of Amazon’s warehouse in Coventry, UK, are set to hold a strike for three days this month in a …
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Apparel Group to open more than 20 Clarks stores in Saudi Arabia
Fashion and lifestyle retail conglomerate Apparel Group has reached a strategic collaboration to expand the retail footprint of global footwear …
Aldi plans to open five UK stores in the coming weeks
Supermarket chain Aldi has revealed plans to open five new stores across the UK in the coming weeks. This month, the …
Who’s saying what? Cloud mentions in company filings of retail industry increased by 50% in Q1 2023
The global retail industry experienced a 50% rise in company filings mentions of cloud in Q1 2023 compared with the …
Who’s hiring who? Hiring activity in the North American retail industry decreased by 38% in Q1 2023
The North American retail industry experienced a 38% drop in new job postings in Q1 2023 compared with the previous …
Worldline and BigCommerce partner to reduce online shopping cart abandonment
Research by the Baymard Institute shows that 70% of online shopping carts are deserted, with no purchases being made. However, …
Fielmann Group agrees to acquire SVS Vision and Befitting
Germany-based optical retailer Fielmann Group has signed two acquisition agreements, marking its entry into the US market. The company has agreed …
North Wales’ 80% vacant shopping centre welcomes new retailer
Canolfan Menai Centre, a shopping centre in Bangor, has recently celebrated the arrival of its first new retail store in …
Retail sector faces challenges as FTSE 100 rebounds
While the FTSE 100 rebounded with a 0.4% gain, the retail sector faces challenges amid disappointing economic data and concerns …
M&S drops milk ‘use-by’ dates to cut waste
Marks & Spencer (M&S), one of the UK’s retail giants, has taken a significant step towards minimising food waste by …
Will 2023’s bank holiday bonanza save retailers?
Recent data shows that bank holidays and celebration events have been boosting retail sales. In fact, UK retailers reported a …