UK inflation hits 5.4%, pushing consumers towards a return to stockpiling and bulk buying
In December 2021, UK inflation rose to 5.4%, representing the highest figure in almost 30 years. Inflation, the rise in…
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Supermarket Income REIT purchases two supermarkets in the UK
The company also provided an update to its debt financing facility.
Central Group, Signa agree to buy Selfridges Group for $5.4bn
Selfridges will become part of the combined portfolio of Central and Signa’s luxury department stores.
CBI says UK retail sales slows in December amid Omicron concerns
Sales are expected to grow at a similarly pace in the year to January.
ONS data shows fall in number of UK retail jobs in third quarter
Retail jobs are expected to increase in the fourth quarter as the industry prepares for the Christmas season.
TikTok Expands into eCommerce with Live Shopping Event
Social media platform TikTok has marked its entry into ecommerce with its first live shopping event. The event runs from…
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Spar temporarily closes stores in England after cyberattack
Most of the stores have been forced to close, while those staying open are accepting cash payments only.
Asda pilots indoor map service for visually impaired shoppers
The app gives directions to an object or area using audio, enlarged visuals and touch commands.