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, …
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Walmart seeks price cuts from Chinese suppliers amid tariff challenges
US retailer Walmart has reached out to its suppliers in China, requesting significant cost concessions as the company aims to …
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Macy’s posts 3.5% sales decline in fiscal 2024
US department store chain Macy's has reported a 3.5% decline in net sales, totalling $22.29bn in the fiscal year 2024 …
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Seven & i changes strategy and leadership to boost shareholder value
Japan’s Seven & i Holdings, operator of 7-Eleven convenience stores, has unveiled a comprehensive restructuring plan to enhance shareholder value …
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UK retail parks benefit as February 2025 footfall bounces back
Overall UK retail footfall witnessed a marginal rise of 0.2% in February 2025 compared to the same month of 2024, …
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Sycamore Partners to buy Walgreens Boots Alliance for $23.7bn
Investment firm Sycamore Partners has confirmed a binding agreement to purchase US healthcare and retail major Walgreens Boots Alliance (WBA) …
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UK retailers warn employment bill could raise costs
The UK government's recent amendments to the Employment Rights Bill have elicited varied responses from business groups and trade unions. The …
