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 …
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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 …
Inditex’s net income increased 54% in Q1 FY23
Spain-based clothing company Inditex has reported that its net income rose by 54% to €1.2bn ($1.28bn) in the first quarter …
Dollarama’s sales grew 20.7% in fiscal 2024 Q1
Canada-based retail chain Dollarama has reported total sales of C$1.29bn ($966.3m) in the first quarter (Q1) of fiscal year (FY) …
American Outdoor Brands sues Vista over patent infringement
Outdoor products and accessories retailer American Outdoor Brands has filed a complaint against Vista Outdoor Brands over patent infringement. The complaint …
Asda to launch free grocery delivery trial for a limited time
Supermarket chain Asda is offering free grocery delivery options to customers for a limited-time deal as part of a pilot. Starting …
Forever 21 selects Amperity to maximise omnichannel data value
Fast fashion retailer Forever 21 has selected Amperity to unify first-party customer data and use it to build stronger customer …
European e-commerce fulfilment company Alaiko expands into UK
European direct-to-consumer (DTC) e-commerce fulfilment company Alaiko has expanded into the UK market. The German-based company will partner with an advanced …
Pepco Group sees a 22.8% YoY revenue growth in H1 FY23
Multi-format discount variety retailer Pepco Group has generated total revenue of €2.83bn ($3bn) in the first half (H1) of fiscal …
Negative retail experiences lead to brand ‘ghosting’
AI platform Coveo’s 2023 Customer Service Relevance report shows that the brand ‘ghosting’ trend in retail continues to swell. This …
Metro Brands unveils 756th store in India
India-based footwear retailer Metro Brands has expanded its network by opening its 756th store in the country’s capital, New Delhi. Located …