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Spanish beauty giant Puig sets stage for €14bn IPO
Puig, the Spanish beauty company behind popular brands like Paco Rabanne and Charlotte Tilbury, is gearing up for its initial …
Reitmans’ net earnings decreased by 81.0% in FY24
Canadian womenswear retailer Reitmans has reported its net earnings declined by 81.0% to C$14.8m ($10.7m) in financial year 2024 (FY24), …
Asda staff at Lowestoft store set for strike action in May
Workers of UK supermarket chain Asda have confirmed a 48-hour strike at its Lowestoft store, which is set to commence …
Tokmanni strives to be sustainable leader in European discount retail
General discount retailer Tokmanni Group has highlighted its sustainability strategy and achievements. In 2023, Tokmanni received a B score from CDP, …
Best Buy unveils AR app for Apple Vision Pro
Electronics retailer Best Buy is leveraging augmented reality (AR) technology to introduce a new shopping experience for Apple Vision Pro …
UK retailer Wilko relaunches click-and-collect service nationwide
UK-based household and garden retailer Wilko has announced the relaunch of its free click-and-collect service, now available nationwide. Customers can access …
Nordstrom assesses founding family’s take-private proposal
The board of directors of US-based department store chain Nordstrom has initiated an exploration into strategic alternatives, including a potential …
EuroCommerce manifesto: retailers are key to Europe’s future
According to EuroCommerce, a representative organisation for retailers and wholesalers, Europe's industries have “huge potential” to help deliver a more …
AI-powered virtual try-on tech company Veesual scores $7.5m in funding
France-based Veesual, a leader in virtual try-on technology for fashion brands, has secured $7.5m in funding to fuel its US …
Kroger aims to recruit new staff across business
Grocery retailer Kroger has announced its drive to hire new staff for opportunities in retail, supply chain, healthcare, and delivery. The …
Dunelm Q3 FY24 sales rise by 3% amid market volatility
UK-based homeware retailer Dunelm has announced a 3% increase in third quarter (Q3) sales for the fiscal year 2024 (FY24), …
Amazon to expand third-party Just Walk Out technology stores
US e-commerce giant Amazon has announced its intention to expand the reach of its cashierless shopping technology, Just Walk Out, …
Asos reports smaller loss before tax and improved gross margin in H1 2024
UK online fast fashion retailer Asos has reported a narrowed loss before tax of £270m ($360m) for the first half …
UK CPI annual inflation rate dips to 3.2% in March 2024
The UK Consumer Prices Index (CPI) annual inflation rate has decreased to 3.2% in the 12 months to March 2024, …
IKEA unveils first distribution centre in Ireland
Swedish home furniture retailer IKEA has inaugurated its first distribution centre in Ireland. Located in Rathcoole, Dublin, the new 27,000m² facility has …