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Topshop eyes Chinese expansion

Topshop eyes Chinese expansion

18/08/2017 - 14:02
British fashion retailer Topshop has unveiled plans to expand into the Chinese mainland with the opening of five new stores in the country next year. read more
Amazon launches Instant Pickup

Amazon launches Instant Pickup

16/08/2017 - 14:04
Amazon has revealed its latest Prime fulfilment solution in the form of a two-minute pickup service. read more
Target agrees to buy software firm as it chases Amazon Online

Target agrees to buy software firm as it chases Amazon Online

15/08/2017 - 13:17
Target, looking to improve its digital business amid increased competition from Amazon, agreed to acquire a software company that manages local and same-day deliveries. read more
Mall of America turns 25

Mall of America turns 25

11/08/2017 - 16:40
It was 25 years ago today the Ghermezian family taught American shoppers to play. read more
1000 jobs at risk as Sainsbury’s eyes cost cuts

1000 jobs at risk as Sainsbury’s eyes cost cuts

11/08/2017 - 15:27
Sainsbury’s has reportedly hired a team of consultants to help identify the 1000-plus head office jobs it won’t need as part of a £500 million cost-cutting scheme. read more
Spar’s biggest supplier explores £100m sale

Spar’s biggest supplier explores £100m sale

11/08/2017 - 10:10
The biggest supplier of convenience store chain giant Spar is poised to sell its wholesale arm, aiming to cash in on the rapidly changing market. read more
Wholesale might be tempting, but are the grocers going to be led astray?

Wholesale might be tempting, but are the grocers going to be led astray?

10/08/2017 - 15:05
2017 may have made wholesale improbably sexy for the grocers – the Tesco-Booker deal has lured its competitors into trying new things – but not all of them will succeed in the chase.  read more
Tesco replaces single-use plastic bags with ‘Bag for Life’

Tesco replaces single-use plastic bags with ‘Bag for Life’

10/08/2017 - 10:24
Tesco UK has replaced its standard single-use plastic bag with a new ‘Bag for Life’, which is composed of 94% recycled plastic. read more
U.S. online retail sales growing 14% in 2017

U.S. online retail sales growing 14% in 2017

08/08/2017 - 15:38
U.S. online sales are expected to reach more than $459 billion in 2017, rising 14% from last year and accounting for 12.9% of the anticipated $3.56 trillion in total retail sales, according to Forrester Research.  read more
Canada's Aldo Group in deal to create new footwear giant

Canada's Aldo Group in deal to create new footwear giant

04/08/2017 - 15:37
Another retail sector continues to consolidate. read more
Smartphones fuel boom in retail searches

Smartphones fuel boom in retail searches

04/08/2017 - 15:01
Research has found smartphones caused an explosion in searches for the wares of UK retailers in the second quarter. read more
McCain boss to become new CEO of Mondelēz International

McCain boss to become new CEO of Mondelēz International

04/08/2017 - 10:05
Mondelēz International has announced that Dirk Van de Put, current president and CEO of McCain Foods, will succeed Irene Rosenfeld as the company's chief executive, effective November 2017. read more
Retailers call for boost in contactless spend cap

Retailers call for boost in contactless spend cap

02/08/2017 - 15:30
More than half of retailers have called for the spending limit on contactless cards to be raised above the £30 limit. read more
Have men become the primary grocery shoppers in America?

Have men become the primary grocery shoppers in America?

01/08/2017 - 11:15
It’s been a longstanding practice for grocery executives to use the pronoun “she” when referring to the core customer shopping in their stores. If a new study from Men’s Health is to be believed, retailers may want to reconsider their descriptions as more guys report they are the person primarily responsible for grocery shopping in their households. read more
Amazon’s profits drop 51% as expansion hits margins

Amazon’s profits drop 51% as expansion hits margins

31/07/2017 - 12:17
Amazon has revealed rising sales in its second quarter, but profits dropped significantly amid its whirlwind expansion efforts. read more
Amazon sales soar but profit plunges as it ploughs money back into long-term plans

Amazon sales soar but profit plunges as it ploughs money back into long-term plans

28/07/2017 - 13:21
Internet colossus Amazon on Thursday reported its profit shrank in the recently ended quarter, despite surging sales as it poured money into growth. read more
Walmart speeds up the task of reordering frequent purchases

Walmart speeds up the task of reordering frequent purchases

28/07/2017 - 09:38
Walmart has found a way to make the digital shopping experience even faster. read more
Whole Foods' sales slump eases ahead of takeover by Amazon

Whole Foods' sales slump eases ahead of takeover by Amazon

27/07/2017 - 14:00
Amazon’s challenge of turning around Whole Foods Market looks like it won’t be quite so difficult. read more
Online merchant’s mobile search and shopping gets visual

Online merchant’s mobile search and shopping gets visual

27/07/2017 - 11:08
eBay is making it easier for mobile shoppers to browse its massive product catalog.  read more
Nestle to open Japan factory for exotic Kit Kat demand

Nestle to open Japan factory for exotic Kit Kat demand

26/07/2017 - 15:59
Nestle is to open its first factory in Japan in more than 25 years due to the demand for exotic flavours of Kit Kat. read more
Mall anchor tenants may be cast adrift

Mall anchor tenants may be cast adrift

25/07/2017 - 10:36
Retail mall owners may be scurrying around in the hunt for new anchor tenants as legacy businesses fall behind changing retail trends. read more
Michael Kors buys Jimmy Choo

Michael Kors buys Jimmy Choo

25/07/2017 - 09:41
Michael Kors has successfully reached an agreement that will see it acquire luxury footwear maker Jimmy Choo. read more
Scottish retail sales 'disappointing' in June

Scottish retail sales 'disappointing' in June

24/07/2017 - 10:20
Scottish retail sales increased by 0.2% on a like-for-like basis last month compared to June 2016, but fell by 0.2% on a six-month basis, according to the Scottish Retail Consortium. read more
Unilever sales meet estimates as prices increase

Unilever sales meet estimates as prices increase

20/07/2017 - 09:55
Unilever reported second-quarter sales growth in line with estimates as hot European weather boosted sales of Ben & Jerry’s and Magnum ice-cream brands and the company raised prices to offset stagnant volume. read more
McCormick buys Reckitt Benckiser food unit for $4.2bn

McCormick buys Reckitt Benckiser food unit for $4.2bn

19/07/2017 - 15:26
McCormick & Co agreed to acquire Reckitt Benckiser’s food business for $4.2bn, adding French’s mustard and Frank’s RedHot sauce to its lineup of spices and seasonings. read more
Marks & Spencer reduces snack food packaging

Marks & Spencer reduces snack food packaging

19/07/2017 - 10:59
UK retailer Marks & Spencer is cutting the amount of packaging used for its snack products such as crisps and popcorn by reducing the pocket of air at the top of the bag. read more
Tesco rolls out contactless loyalty cards

Tesco rolls out contactless loyalty cards

18/07/2017 - 13:15
Tesco has started introducing contactless loyalty cards to customers. read more
Amazon sets sights on new retail segment

Amazon sets sights on new retail segment

18/07/2017 - 09:06
The online giant has submitted a trademark application that will enable it to enter the meal kits business. The move will directly rival meal kit provider Blue Apron, according to CNBC. read more
German online retail sales increase by 12%

German online retail sales increase by 12%

17/07/2017 - 14:47
The turnover of German online retail business rose to €14 billion in the second quarter of 2017, according to data from the Bundesverband E-Commerce und Versandhandel (federal association of e-commerce and mail order). read more
Tesco pledges to make clothes chemical-free

Tesco pledges to make clothes chemical-free

14/07/2017 - 14:40
Tesco has become the latest retailer to commit to removing chemicals thought to be hazardous from the supply chain of its clothing brand. read more
Amazon claims nearly 40% of eCommerce spend

Amazon claims nearly 40% of eCommerce spend

11/07/2017 - 11:18
Digital juggernaut Amazon is undoubtedly changing the way consumers behave and shop online and this is leading to 37% of all online spend going through the marketplace. read more
UK retail has biggest June sales rise for six years

UK retail has biggest June sales rise for six years

10/07/2017 - 10:32
British shops enjoyed their biggest rise in June sales in six years, a survey showed on Friday, helped by warm weather and weak numbers in the same month last year. read more
House of Fraser named best multichannel retailer

House of Fraser named best multichannel retailer

10/07/2017 - 09:37
House of Fraser is the best high street retailer that also sells online in the UK, according to a new report. read more
Amazon crowned #1 for UK digital innovation for second year

Amazon crowned #1 for UK digital innovation for second year

07/07/2017 - 12:04
Amazon has been named as the UK’s number one digital innovator for the second year in a row, according to new rankings published this week. read more
UK Smartphone shopping to overtake tablet spend by 2018, according to GlobalData

UK Smartphone shopping to overtake tablet spend by 2018, according to GlobalData

07/07/2017 - 10:57
Spend via smartphones will outperform spend via tablets, accounting for 51.5% of the UK mobile and tablet market in 2018, according to research and consulting firm GlobalData. read more
Zara owner’s sales jump 10% in Q3

Zara owner’s sales jump 10% in Q3

07/07/2017 - 08:46
Net sales at fashion retail group Inditex, owner of Zara, Pull & Bear and Bershka, rose ten per cent during the third quarter of its financial year. read more
Ebay launches price match guarantee

Ebay launches price match guarantee

06/07/2017 - 09:55
Ebay is poised to introduce a price match guarantee scheme on more than 20,000 deals on its UK website. read more
Sainsbury's sales beat estimates as UK grocery prices rise

Sainsbury's sales beat estimates as UK grocery prices rise

04/07/2017 - 11:53
Sainsbury reported first-quarter sales growth that beat estimates as Brexit-fuelled food-price inflation boosted revenues in its core grocery business. read more
Nike reaches $2 billion in online sales

Nike reaches $2 billion in online sales

03/07/2017 - 09:44
The footwear giant says its annual web sales grew 30% over last year, and executives offer updates on its pilot program on the Amazon.com marketplace. read more
Strong convenience sales fuel US retailer optimism

Strong convenience sales fuel US retailer optimism

30/06/2017 - 15:22
Convenience store sales in the US have grown during the first half of 2017, according to the latest quarterly survey by the National Association of Convenience Stores (NACS). read more
Target debuts next-day delivery service

Target debuts next-day delivery service

29/06/2017 - 15:14
Target Corp. has entered the fast-growing next-day grocery delivery market.  read more
Fixed retail prices could disappear within 5 years

Fixed retail prices could disappear within 5 years

27/06/2017 - 11:07
The UK is likely to see set product prices disappear within five-years as new digital pricing technology is adopted across mainstream retailers. read more
Retail in airports to grow to $49 billion by 2021

Retail in airports to grow to $49 billion by 2021

27/06/2017 - 09:29
Global airport retailing will grow 27% to $49 billion by 2021, according to research from GlobalData. read more
Tesco introduces “biggest investment in store pay for a decade”

Tesco introduces “biggest investment in store pay for a decade”

26/06/2017 - 11:32
Tesco has announced a new pay deal seeing an increase in hourly staff wages by 10.5 per cent over two years. read more
Nestlé targeted in activist's biggest-ever bet

Nestlé targeted in activist's biggest-ever bet

26/06/2017 - 11:13
Dan Loeb has amassed a $3.5bn stake in Nestlé, targeting Europe’s largest company in the biggest bet of his two-decade career as an activist investor.  read more
‘Love at first sight’ for Amazon-Whole Foods

‘Love at first sight’ for Amazon-Whole Foods

23/06/2017 - 15:09
Whole Foods Market Inc. Chief Executive Officer John Mackey, who agreed to sell the company to Amazon.com Inc., said he was first set up with the e-commerce giant on a “blind date” and fell in love after conversing for hours. read more
Amazon's grocery push playing catch up with Chinese e-commerce giants

Amazon's grocery push playing catch up with Chinese e-commerce giants

22/06/2017 - 09:25
As Amazon.com Inc (AMZN.O) looks to swallow U.S. grocery chain Whole Foods, China's tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains.  read more
51% of card payments now contactless

51% of card payments now contactless

20/06/2017 - 15:44
Contactless card payments rose by more than a third in the last year, becoming the UK’s favorite way to pay for goods. read more
A-Brands launch 'Evolved Nutrition Labelling Scheme' in a push to promote healthier diets

A-Brands launch 'Evolved Nutrition Labelling Scheme' in a push to promote healthier diets

20/06/2017 - 13:11
The Coca-Cola Company, Mars, Mondelez International, Nestlé, PepsiCo and Unilever have joined together to promote healthier diets and balanced lifestyles in the EU by focusing on nutrition labels on products. read more
M&S to begin labelling avocados with lasers

M&S to begin labelling avocados with lasers

20/06/2017 - 11:18
Marks & Spencer has begun labelling avocados with lasers rather than stickers in an attempt to become more environmentally friendly. read more
Nestlé may put US candy business on the block

Nestlé may put US candy business on the block

20/06/2017 - 10:45
Nestle may sell its US candy business, which makes classics like the Butterfinger candy bar, Raisinets and Nerds. read more
Nike to slash jobs, cut sneaker styles in shakeup

Nike to slash jobs, cut sneaker styles in shakeup

20/06/2017 - 10:22
Nike wants to be more nimble on its feet. The sneaker maker said that it plans to sell more shoes directly to customers online as part of a restructuring in which it plans to cut about 1 400 jobs.  read more
Amazon sets its sights on Wal-Mart shoppers

Amazon sets its sights on Wal-Mart shoppers

20/06/2017 - 09:18
When Wal-Mart Stores bought online retailer Jet.com for $3bn in 2016, it marked a crucial moment — the world’s largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch-rival Amazon, intended to compete. read more
Italy becomes world's leading salami exporter

Italy becomes world's leading salami exporter

15/06/2017 - 10:04
Italy has become the leading global exporter of salami, surpassing Germany, according to a report by ISMEA - the Italian institute for agricultural and food market services. read more
Amazon retains crown for most valuable retail brand

Amazon retains crown for most valuable retail brand

14/06/2017 - 15:56
Amazon has kept its title as the world’s most valuable retail brand, with an estimated value of $139.3 billion (£109.38 billion). read more
The Body Shop to be sold in $1 billion deal

The Body Shop to be sold in $1 billion deal

12/06/2017 - 10:19
It appears that L'Oreal has settled on a buyer for The Body Shop. read more
Walmart tests grocery ATM

Walmart tests grocery ATM

09/06/2017 - 13:00
Walmart is testing a new way to appease online grocery shoppers that prefer self-service. The retail giant has rolled out an automated kiosk in Oklahoma City that allows shoppers to pick up groceries any day or time. read more
Kellogg’s fights Kokkinakis over ‘Special K’ trademark

Kellogg’s fights Kokkinakis over ‘Special K’ trademark

08/06/2017 - 12:27
Sydney — Australian tennis ace Thanasi Kokkinakis faced court action Thursday from cereal giant Kellogg’s, which is not happy at plans to use his nickname "Special K" commercially. read more
Private label accounts for 'more than half' of Irish grocery purchases

Private label accounts for 'more than half' of Irish grocery purchases

08/06/2017 - 11:02
New research from Kantar Worldpanel has found that private label sales now account for more than half (54%) of grocery purchases in Ireland. read more
Guess’ business practices to come under investigation by EU

Guess’ business practices to come under investigation by EU

08/06/2017 - 09:42
Guess will be the focus of a formal investigation by the EU Commission as suspicions emerge that brand prevented certain retailers from selling its products across borders. read more
Major UK retailers sign sustainable cotton pledge

Major UK retailers sign sustainable cotton pledge

07/06/2017 - 13:51
Some of the UK’s biggest retailers have signed up to the Prince of Wales’ International Sustainability Unit, promising to ensure 100 percent of their cotton will come from sustainable sources by 2025. read more
New Look struggles with shoppers' 'buy now, wear now' mentality

New Look struggles with shoppers' 'buy now, wear now' mentality

07/06/2017 - 10:39
New Look Retail added to the gloom among Britain’s clothing retailers, reporting a full-year loss and warning of challenging times ahead as online competition increases and shoppers seek instant gratification. read more
£300 million sought in damages as retailers take on Mastercard

£300 million sought in damages as retailers take on Mastercard

05/06/2017 - 11:20
Retailers including a major supermarket chain are bringing legal action against Mastercard and Visa amid a processing fees row. read more
Amazon takes on remote outpost in the land of bricks and mortar

Amazon takes on remote outpost in the land of bricks and mortar

05/06/2017 - 10:35
Amazon.com Inc., which has lost billions overseas trying to replicate its US success, is now attempting to crack one of the biggest and most sparsely populated nations where bricks-and-mortar retailers are king. read more
Nestlé Spain invests €19 million in environmental management

Nestlé Spain invests €19 million in environmental management

02/06/2017 - 14:39
Nestlé Spain has announced that it invested approximately €19 million in its environmental management over the period from 2010 to 2016. read more
Tesco successfully completes its first one-hour robotic delivery

Tesco successfully completes its first one-hour robotic delivery

02/06/2017 - 11:22
The UK’s largest supermarket has successfully completed its first one-hour robotic delivery, fighting back against tech giant Amazon’s foray into the sector. read more
Younger shoppers favour food-to-go market: IGD

Younger shoppers favour food-to-go market: IGD

01/06/2017 - 16:01
Shoppers between the ages of 18 and 25 are 'extremely engaged' with the food-to-go market, according to the latest report from grocery research group IGD. read more
Spar Switzerland fails to deliver on promise as sales tumble

Spar Switzerland fails to deliver on promise as sales tumble

01/06/2017 - 09:42
Spar’s move into Switzerland — aimed at providing stability and growth to offset difficult local trading conditions — has not lived up to expectations yet with Swiss operations reporting mixed interim results. read more
The fastest growing retailers in the U.S.

The fastest growing retailers in the U.S.

31/05/2017 - 09:41
In the ultra-competitive modern marketplace retailers are either growing or dying ― expansion has been and remains the ultimate measure of success. It is one thing to show growth over a quarter or even a year, but retail’s truly successful show sales growth year, after year, after year. read more
Latest bidder for Body Shop revealed

Latest bidder for Body Shop revealed

31/05/2017 - 09:28
The competition to acquire the Body Shop has entered a new chapter after a Chinese healthcare company entered the ring of possible bidders. read more
Analysis: Walmart is winning market share across many categories

Analysis: Walmart is winning market share across many categories

30/05/2017 - 13:16
Although Walmart is an old-school retailer, it is not afraid to learn new tricks and to shift its thinking. This youthful and innovative approach has helped it deliver another solid set of results in a highly competitive market. read more
Tesco seeking to reduce emissions by 40% with new refrigeration systems

Tesco seeking to reduce emissions by 40% with new refrigeration systems

29/05/2017 - 10:48
UK retailer Tesco is converting more than 1,200 of its stores to Honeywell refrigeration systems as part of the company's plan to reduce carbon emissions. read more
Walmart making big investment in Florida

Walmart making big investment in Florida

24/05/2017 - 11:00
Walmart is expanding—and updating—its footprint in the Sunshine State. read more
Alibaba Group reports strong growth in eCommerce

Alibaba Group reports strong growth in eCommerce

23/05/2017 - 14:30
The Alibaba Group reported strong eCommerce growth for the quarter ending March 31. Revenue for the quarter was $5.6 billion, an increase of 60% year-over-year, the highest growth rate since the company went public. Overall revenue growth was 56%. read more
40% of online grocery purchases in UK made on mobile

40% of online grocery purchases in UK made on mobile

23/05/2017 - 09:47
About 40 percent of all online grocery purchases made in the United Kingdom are done using a mobile phone. Online grocery shopping in the UK is also quite popular, as 7 percent of all grocery shopping is done online. That’s more than Spain, the Netherlands and the Czech Republic combined. read more
Walmart sees strong growth in U.S. eCommerce

Walmart sees strong growth in U.S. eCommerce

22/05/2017 - 14:21
As its Jet.com acquisition continues to pay out, Walmart is seeing hyper growth in eCommerce, with U.S. online sales up 63% in the first quarter. On the physical side of things, Walmart’s store traffic and same-store sales were both up in an extremely challenging retail environment, rising 1.5% and 1.4% respectively. read more
Amazon sets sights on U.K. Grocery with checkout-free trademark

Amazon sets sights on U.K. Grocery with checkout-free trademark

22/05/2017 - 10:11
Amazon.com Inc. is laying the groundwork to bring its checkout-free grocery store Amazon Go to Europe, as the U.S. giant steps up its efforts to crack the $800 billion global market. read more
Spar in “a fantastic financial position” with new stores and members

Spar in “a fantastic financial position” with new stores and members

19/05/2017 - 16:35
Convenience store chain Spar has reported an 8.5 per cent jump in sales to £2.84 billion over 2016. read more
Wal-Mart earnings dip but sales rise at its US stores

Wal-Mart earnings dip but sales rise at its US stores

19/05/2017 - 15:42
New York — Wal-Mart Stores scored another increase in sales at its US Walmart stores according to first-quarter results released on Thursday, but earnings dipped on higher expenses. read more
Wal-Mart experiments with tech-enhanced 'Next-Gen' stores

Wal-Mart experiments with tech-enhanced 'Next-Gen' stores

19/05/2017 - 10:21
Wal-Mart Stores Inc. last week said it’s “testing new approaches in two recently opened supercenters" in Tomball, TX, and Lake Nona, FL featuring new layouts and technology to improve the shopping experience.  read more
Burberry profits drop 21% as Gobbetti prepares to take over

Burberry profits drop 21% as Gobbetti prepares to take over

18/05/2017 - 13:50
Wavering wholesale demand in the US has hit Burberry’s margins as the retailer posts a five per cent dip in reported pre-tax profits to £394.8 million. read more
KitKat’s four fingers fourth time unlucky in trademark row

KitKat’s four fingers fourth time unlucky in trademark row

18/05/2017 - 10:55
The four-finger KitKat isn’t a distinctive enough shape to warrant a trademark, UK Court of Appeal judges said recently, marking the fourth unsuccessful attempt by owner Nestlé SA to protect the famous chocolate bar. read more
Tesco introduces shopping filter app for customers with diets and intolerances

Tesco introduces shopping filter app for customers with diets and intolerances

17/05/2017 - 15:06
British retailer Tesco has announced a partnership with Spoon Guru to help its customers with specific diets and tastes to quickly and easily find suitable food when shopping. read more
Organic fruit & veg retail sales in Italy up 28%

Organic fruit & veg retail sales in Italy up 28%

17/05/2017 - 10:16
Organic fruit and vegetable sales in the Italian grocery retail channel during March 2017 reached €147 million, up 28% year-on-year. read more
Study: Gen Z digital, decisive and drone-ready

Study: Gen Z digital, decisive and drone-ready

16/05/2017 - 13:28
More than any generation before it, Gen Z has high expectations related to customer service and engagement across emerging channels. read more
Tesco pledges to source 100% of power from solar by 2030

Tesco pledges to source 100% of power from solar by 2030

15/05/2017 - 16:42
UK retailer Tesco has said that it plans to source 100% of its electricity from solar power by 2030, and will also push its suppliers to adopt a ‘greener’ mindset, according to local press reports. read more
Supermarket Trends: Technology, food safety and sustainability are top of mind

Supermarket Trends: Technology, food safety and sustainability are top of mind

15/05/2017 - 14:44
The supermarket industry is constantly changing. Consumer food choices and how they shop, frequent regulation modifications and new technologies to integrate are just a few things we gathered from recent customer input concerning the most pressing issues for the industry. As 2017 rolls along, there are four emerging trends we see that grocery marketers should be aware of for the remainder of the year. read more
Walmart pushing hard to catch Amazon in e-commerce

Walmart pushing hard to catch Amazon in e-commerce

15/05/2017 - 09:03
Walmart Stores, the £800 gorilla of retail, is running hard to catch up in an increasingly crucial segment where it is neither the biggest nor the best: eCommerce. read more
Online helps Nordstrom in a tough quarter for its stores

Online helps Nordstrom in a tough quarter for its stores

12/05/2017 - 16:48
Nordstrom fared better than its fellow fashion retailers in its first-quarter earnings, but not thanks to its full-line mall stores.  read more
Unilever implements 'CreaSolv Process' to tackle global plastic waste

Unilever implements 'CreaSolv Process' to tackle global plastic waste

12/05/2017 - 16:31
Unilever has announced that it is implementing new CreaSolv Process technology into its supply chain, which is designed to recycle sachet waste. read more
Amazon to build homeless facility — at its new headquarters

Amazon to build homeless facility — at its new headquarters

12/05/2017 - 15:31
The nation’s largest online retailer is about to undertake one of its biggest philanthropic ventures to date.  read more
Customers turn to peers to inform purchases instead of retailers

Customers turn to peers to inform purchases instead of retailers

12/05/2017 - 12:08
Despite retailers’ best efforts to improve customer experience and engagement, research indicates that the majority of UK consumers look to peers when making a purchasing decision, rather than the retailer or brand. read more
Richemont’s full-year net profit plummets

Richemont’s full-year net profit plummets

12/05/2017 - 09:58
Luxury goods maker Richemont on Friday reported a 46% slide in net profit to €1.21bn in the year to March partly due to the one-off gain on the merger of Net-A-Porter with Yoox in 2015. read more
Starbuck’s CEO unveils five keys to short- and long-term growth

Starbuck’s CEO unveils five keys to short- and long-term growth

11/05/2017 - 16:59
While many brick-and-mortar retailers are feeling the pinch of decreased foot traffic and shrinking sales Starbuck’s continues its highly profitable worldwide expansion. Thanks to a steadfast commitment to innovation and customer experience the coffee purveyor continues to produce record financial and operating results quarter after quarter. read more
 UK online sales boosted by Easter retail

UK online sales boosted by Easter retail

11/05/2017 - 11:27
Online sales of non-food products in the UK increased by 10.3% in April, compared to the same month last year, according to the latest report by the British Retail Consortium (BRC) and KPMG. read more
Chinese eCommerce spending more than UK, U.S. combined

Chinese eCommerce spending more than UK, U.S. combined

11/05/2017 - 09:47
A new report from the Boston Consulting Group found that Chinese eCommerce spending was $750 billion in 2016, more than the U.S. and the UK combined, while it’s growing at 20% per year, twice as fast as those markets. read more
Amazon continues brick-and-mortar push

Amazon continues brick-and-mortar push

09/05/2017 - 17:04
The nation’s capital has been added to the list of cities that will soon feature an Amazon Books store. read more
With eye on millennials, Coach buys Kate Spade

With eye on millennials, Coach buys Kate Spade

09/05/2017 - 08:57
Handbag maker Coach Inc (COH.N) said it would buy Kate Spade & Co (KATE.N) for $2.4 billion as it looks to tap the popularity of its smaller rival's quirky satchels and totes among millennials. read more
Retail searches on smartphones increase 23%

Retail searches on smartphones increase 23%

08/05/2017 - 17:22
Digital has continued to drive growth for UK retailers with online retail searches steadily growing throughout the post-Christmas quarter, boosted by a massive increase in searches on smartphone devices. read more
Tommy Hilfiger launches European mobile app

Tommy Hilfiger launches European mobile app

08/05/2017 - 16:29
Tommy Hilfiger has launched its first-ever mobile app designed specifically for the European market. PredictSpring developed the app, which offers consumers in 17 countries and four languages the ability to shop directly from the brand’s Instagram feed. read more