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UK CPI annual inflation rate drops to 2.3% in April 2024

The UK Consumer Prices Index (CPI) annual inflation rate has dropped to 2.3% in the 12 months to April 2024, …

Primark joins initiative to scale circular fashion business models

Primark, a leading value fashion retailer, has announced its participation in The Fashion ReModel, a new project by the Ellen …

Walmart announces $700m investment in Guatemala over five years

Retail giant Walmart is pouring further resources into Central America, announcing a $700m investment plan for Guatemala over the next …

Asda removes 1.6m units of inaccurate inventory

UK supermarket giant Asda has extended its technology partnership with store operations execution software provider Retail Insight to improve stock …

LVMH and Alibaba extend partnership to increase tech presence in China

Global luxury group LVMH is increasing its omnichannel, data and technological presence in China by expanding its partnership with Alibaba.   The …