NRF reports 7.1% increase in US core retail sales during July
Online and other non-store sales increased 2.7% from June adjusted seasonally and were up by 18.1% unadjusted from a year…
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General Retail
IKEA to liquidate its Russian unit as Ukraine conflict continues
The decision is part of the Swedish retailer’s move to further scale down its operations in Russia.
Walmart posts 8.4% rise in revenue in second quarter of FY23
The multinational retailer reported revenue of $152.9bn, compared with $141bn a year earlier.
Dillard’s posts 10% increase in total retail sales for H1 2022
The company’s retail gross margin during the 26-week period was 44.5% of its sales.
Ahold Delhaize records 6.4% growth in net sales for Q2 2022
The company suspended its intention to offer a sub-IPO for bol.com in the second half of the year.
Kohl’s expands Self-Pickup service to all its stores in the US
The new service aims to offer a 'hassle-free' in-store pickup option for faster collection.
UK retail footfall down by 14.2% last month from July 2019
Scotland recorded the steepest footfall decline at -16.5% during the month.
Retail vacancy rates in UK down for third consecutive quarter
London, the South East and the East of England recorded the lowest vacancy rates during the three-month period.