A major shift in North American grocery retail
Grocery retail in North America is undergoing a significant transformation as spending moves from traditional supermarkets and hypermarkets to more …
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Omoda and Google Cloud to enhance online shopping with gen AI
Dutch fashion retailer Omoda has entered a partnership with Google Cloud to enhance its online shopping platform with AI. By integrating …
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Sainsbury’s Q3 FY24/25 sales surge 2.7%
British supermarket chain Sainsbury’s has registered a 2.7% surge in total retail sales, excluding fuel, for the third quarter of …
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Capri exploring sale of Versace and Jimmy Choo
Italian luxury fashion house Prada is considering a bid for high-end fashion house Versace, according to a report by daily …
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Tesco’s health insights shape retail strategies
As consumer priorities continue to evolve, Tesco’s latest report on health and wellness trends for 2025 offers key insights for …
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Carrefour Italy partners SymphonyAI for AI-driven store optimisation
Grocery innovator Carrefour Italy has implemented SymphonyAI's advanced computer vision technology to optimise its shopping experience and overall operational performance. SymphonyAI's …
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Wayfair exits German market and cuts hundreds of jobs
US-based online furniture retailer Wayfair is withdrawing from the German market, impacting hundreds of jobs in the country. The decision …
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Fast Retailing reports 10.4% revenue growth in Q1 FY25
Japanese clothing brand UNIQLO’s parent company Fast Retailing has posted strong results for the first quarter (Q1) of fiscal 2025 …
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M&S reports 5.6% total sales surge in Q3 2024/25
UK-based fashion retailer Marks & Spencer (M&S) has registered total sales increase of 5.6% at constant currency, reaching £4.06bn ($4.99bn) …
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Shein targets London IPO by H1 2025 amid challenges
Online fast-fashion brand Shein is targeting to complete the initial public offering (IPO) in London by mid-year, reported Reuters citing …
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UK retailers brace for rising costs and inflation in 2025
The UK retail landscape is undergoing a period of transformation as businesses grapple with shifting economic realities. From the rising …
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Macy’s confirms closure of 66 stores under revitalisation plan
US departments store chain Macy's has confirmed the impending closure of 66 of its stores, marking a decisive step in …
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JCPenney, SPARC Group unite to establish Catalyst Brands
American department store chain JCPenney has joined forces with Aéropostale brand owner SPARC Group to establish a new entity, Catalyst …
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UK shop price deflation intensifies in December 2024
Shop price deflation in the UK accelerated to 1% in December 2024, up from 0.6% in November, according to the …
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SPAR survey finds in-store AI benefits shoppers and retailers
A survey conducted by SPAR Group has revealed that the integration of AI within retail environments brings benefits to both …
