IKEA and Argos must emphasise USPs to defend against second-hand threat
With the bottom three-fifths of UK consumers seeing no growth or even a decline in their real discretionary incomes since …
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Reliance Retail launches more than 600 dark stores in India
India’s Reliance Retail has operationalised more than 600 dark stores [retail facility that resemble a conventional supermarket or other store but are …
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Kroger to recruit more than 18,000 workers for holiday season
US-based grocer Kroger has announced plans to hire more than 18,000 employees across its family of companies in preparation for …
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Asda adds nine new Express convenience stores across UK
British supermarket chain Asda has opened nine new Express convenience stores across the UK. The expansion aligns with the company’s goal …
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Kering to divest beauty business to L’Oréal in €4bn transaction
Kering, the owner of luxury brands such as Gucci and Saint Laurent, has agreed to sell its beauty business to …
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US retailers name 2026 class of retail leaders
The NRF Foundation has announced the People Shaping Retail’s Future 2026 list, recognising five senior executives for their influence on …
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The real brand ambassadors are already on your payroll
Celebrity ambassadors still attract millions of pounds in investment in the retail sector, and it’s a strategy that can be a shortcut …
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Retail crime reform bill passes key milestone in House of Lords
The Crime and Policing Bill has completed its Second Reading in the House of Lords and will now proceed to …
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Giorgio Armani names Giuseppe Marsocci as new CEO
Italian luxury fashion house Giorgio Armani has appointed Giuseppe Marsocci as its new CEO, effective immediately, following the death of …
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EssilorLuxottica revenue up 11.7% to €6.87bn in Q3 2025
Ray-Ban maker EssilorLuxottica has reported consolidated revenue of €6.87bn ($8.03bn) for the third quarter of 2025. This marks an increase of …
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Ulta Beauty names Christopher DelOrefice as new CFO
US beauty retailer Ulta Beauty has named Christopher DelOrefice as its next chief financial officer (CFO), effective from 5 December …
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Inter Ikea Group retail sales fall 1% in FY25
Inter Ikea Group recorded a 1% decline in total retail sales for the financial year 2025 (FY25) that ended on …
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Retailers act as UK considers ban on kids’ energy drinks
Major UK supermarkets have tightened age checks and store systems for high-caffeine energy drinks as the government consults on a …
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US retailers face record 17% in holiday returns
Retailers in the United States anticipate that nearly $850bn worth of merchandise will be returned this year, according to the …
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Galeries Lafayette to open first Indian flagship store in Mumbai
French retailer Galeries Lafayette will open its first flagship store in India in early November in Mumbai, in partnership with …
