Kohl’s reports dip in net sales and EPS for fiscal 2024
US department store chain Kohl’s has disclosed a downturn in net sales for the fiscal year 2024 (FY24), a 7.2% …
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Waitrose £500k fund to support British farmers’ net zero transition
UK-based supermarket Waitrose has introduced a £500,000 fund to help its network of British farmers reach net zero greenhouse gas …
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Kroger launches new e-commerce unit and appoints chief digital officer
US-based grocery retailer Kroger has formed a dedicated e-commerce division, consolidating the teams responsible for the various elements of its …
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M&S expands womenswear with Hush and Whistles brands
British multinational retailer Marks & Spencer (M&S) has introduced the fashion labels Hush and Whistles to its digital Brands at …
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DICK’S Sporting Goods’ 2024 earnings per share soar 15%
DICK'S Sporting Goods, the American omnichannel sporting goods retailer, has reported earnings per diluted share at $14.05 for the full …
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US jury finds Lululemon’s athletic shoes violate Nike’s patent rights
Sports apparel and accessories brand Nike has won a patent infringement case against multinational athletic apparel retailer Lululemon. A New York …
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Shein elevates online shopping experience with Trend Stores
Singapore-headquartered fast-fashion retailer Shein has introduced Trend Stores, a series of specialised online fashion shops. Their digital storefronts simplify the process …
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UK retail sales rise in February 2025, driven by food sector gains
Retail sales in the UK experienced a modest increase in February 2025, largely attributed to the performance of the food …
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UK retail sales drop in February amid tariff concerns
Retail spending experienced a slight decline in February, following concerns over tariffs and uncertain economic conditions. Despite the month-over-month decrease, year-over-year …
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Mango accelerates growth with 7.6% turnover surge in 2024
Spanish fashion retailer Mango has reported a significant surge in its turnover figures for fiscal 2024 (FY24), propelled by the …
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ACT and 7&i to explore store viability and buyer potential
Tokyo-based Japanese retail holdings company Seven & i Holdings (7&i) and Alimentation Couche-Tard (ACT) have agreed to assess the feasibility …
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Zalando acquires 90% of About You and plans minority squeeze-out
German online fashion giant Zalando has successfully acquired more than 90% of the share capital of its competitor, About You, …
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Hudson’s Bay seeks creditor protection under CCAA for recovery
North American retailer Hudson’s Bay Company has initiated creditor protection proceedings under the Companies’ Creditors Arrangement Act (CCAA), a strategic …
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Co-op workers gain pay boost in line with UK Real Living Wage
British co-operative Co-op’s frontline store employees have agreed to a hourly pay rise to a minimum of £12.60 ($16.27), aligning …
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Rising costs threaten UK retail recovery in 2025
In February 2025, UK retail footfall experienced a modest year-on-year increase of 0.2%, a significant slowdown from January's 6.6% rise, …
