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Carpetright cyberattack reiterates the importance of cybersecurity investment
Carpetright, a leading flooring retailer in the UK, was unable to process online or in-store orders for nearly a week …
IKEA Canada announces further price cuts on 800 products
IKEA Canada, a part of IKEA store operator Ingka Group, has announced substantial price reductions on an additional 800 products …
Hugo Boss to divest Russian business to Stockmann
German fashion brand Hugo Boss has reached an agreement to divest its Russian business to its wholesale partner, JSC Stockmann, Reuters …
Foot Locker launches new store concept in US
US footwear and apparel retailer Foot Locker has revealed a new retail concept designed to improve shopping experience and customer …
Co-op urges communities to push next PCCs for retail crime crackdown
British cooperative Co-op is calling on communities affected by retail crime to urge police and crime commissioner (PCC) candidates in …
Top M&A financial advisers in Asia-Pacific for Q1 2024 revealed
Deutsche Bank and JP Morgan were the top mergers and acquisitions (M&A) financial advisers by value in the Asia-Pacific region …
ABF retail segment sees 7.5% revenue growth in H1 2024
Associated British Foods’ (ABF) retail segment has reported a 7.5% revenue increase on a constant currency basis in the 24 …
Primark to expand Click + Collect service nationwide in Great Britain
Primark, the popular budget fashion retailer, announced a significant expansion of its Click + Collect service across Great Britain. Following a …
Saks debuts media network to connect brands with luxury consumers
North American luxury ecommerce platform Saks has launched its media network with the aim of helping brands reach the Saks …
Casino embarks on new transformation plan, up to 3,267 jobs at risk
French mass-market retail group Casino has unveiled a comprehensive 'transformation plan' aimed at prioritising the convenience channel and streamlining operations. …
Dunn-Edwards opens 17 new stores across Northern California
Paints and coating manufacturer and distributor Dunn-Edwards has expanded its footprint in the US with the opening of 17 new …
Yoshitsu expands in US to meet demand for Japanese beauty products
The health and beauty retail sector in Japan is expected to reach ¥15.2trn ($98.1trn) by 2025, and this demand has …
Amazon launches grocery delivery subscription for Prime and EBT users
US e-commerce retailer Amazon has launched a new low-cost grocery delivery subscription service for Prime members and customers with a …
Ermenegildo Zegna reports 8.1% revenue growth in Q1 FY24
Global luxury company Ermenegildo Zegna has reported an 8.1% increase in revenue for the first quarter of 2024 (Q1 FY24), …
Mango steps up US retail expansion
Mango is continuing to execute on its expansion plan across the US. After opening stores in New York, Florida, Texas, Georgia, …