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Tesco leverages AI for Clubcard Challenges solution
British grocery giant Tesco has partnered with SaaS [software as a service] company Eagle Eye to enable personalised, real-time marketing …
Carter’s reports net income increase to $38m in Q1 FY24
North American apparel company Carter's has announced that its net income for the first quarter (Q1) of the fiscal year …
Lidl pours £500m into British pork industry
Lidl Great Britain has announced a significant £500m ($626.9m) investment to bolster the British pork industry. The move builds on Lidl's …
EC designates Shein as VLOP under Digital Services Act rules
The European Commission (EC) has officially designated fast-fashion online retailer Shein as a Very Large Online Platform (VLOP) under the …
Williams-Sonoma fined by FTC over “Made in USA” claims
US-based home products retail company Williams-Sonoma has been ordered to pay a $3.175m civil penalty for violating a 2020 Federal …
Skechers opens first new concept store in Brussels
Footwear and apparel company Skechers is expanding its retail presence across Belgium with a new store in Brussels. Located in the …
Amazon faces legal challenge from GMB over workers’ rights
UK trade union GMB has initiated legal proceedings against e-commerce giant Amazon over workers’ rights. The union accuses Amazon of coercing …
L Catterton acquires majority stake in Italian beauty brand KIKO Milano
LVMH Moët Hennessy Louis Vuitton-backed consumer-focused investment company L Catterton has acquired a majority stake in cosmetics brand KIKO Milano …
Sainsbury’s reports 6.8% retail sales growth in FY 2023/24
UK supermarket chain Sainsbury's has announced a significant 6.8% increase in retail sales for the fiscal year 2023/2024 (FY 2023/2024), …
Kylie Cosmetics brand debuts in India
Kylie Cosmetics has partnered with House of Beauty, an omnichannel specialist which works to bring international brands into India. The brand …
Korea’s Yeppo & Soonsoo to open new store in Gothenburg
Yeppo & Soonsoo, a Korean beauty care brand, is set to expand its presence in Sweden with a new store …
Akin Gump Strauss Hauer & Feld, Cuatrecasas top retail M&A legal advisers
Akin Gump Strauss Hauer & Feld and Cuatrecasas, Jones Day have emerged as the leading mergers and acquisitions (M&As) legal …
Co-op stores to be powered by solar energy
British cooperative and retailer Co-op has signed a Power Purchase Agreement (PPA) with ScottishPower to take 100% of the electricity …
Unilever’s Power Brands drive sales growth, volume up in Q1
Unilever reported underlying sales growth of 4.4% in the first quarter (Q1) of 2024. The company attributed this growth to …
CBI survey indicates sharp decline in UK retail sales for April 2024
UK retail sales volumes witnessed a steep decline in the year to April 2024, according to the Confederation of British …