Falling inflation boosts expectations for bank holiday retail sales
With inflation levels falling, UK retailers seek to entice consumers into making the most of the upcoming bank holiday on 28 August.The post Falling inflation boosts expectations for bank holiday...
View ArticleHong Kong retail sales surge to HK$33.1bn in June
Hong Kong's retail sales in June rose by 19.6% compared to the same period last year, marking the seventh consecutive month of growth.The post Hong Kong retail sales surge to HK$33.1bn in June appeared...
View ArticleFood price inflation slows, caution remains amid challenges
Research by the British Retail Consortium (BRC) and NielsenIQ reveals a positive trend in the rate of price increases for food items.The post Food price inflation slows, caution remains amid challenges...
View ArticleNet zero bottle scheme to impose £1.8bn burden on retailers
The groundbreaking net zero bottle scheme aims to enhance recycling and reduce plastic waste but imposes costs on retailersThe post Net zero bottle scheme to impose £1.8bn burden on retailers appeared...
View ArticleModelo surpasses Bud Light as the best-selling US beer
Modelo's success stemmed from a strategic plan dating back to the 1980s when Constellation Brands imported Modelo and other Mexican beer.The post Modelo surpasses Bud Light as the best-selling US beer...
View ArticleAldi seeks to expand its reach in southern US
Aldi has seen growth in both in-store and e-commerce sales, with e-commerce expected to continue outpacing in-store sales.The post Aldi seeks to expand its reach in southern US appeared first on Retail...
View ArticleTarget links sales drop to gender-fluid branding backlash
Target's reaction to the conservative backlash reveals challenges in managing evolving consumer expectations and societal dynamics.The post Target links sales drop to gender-fluid branding backlash...
View ArticleScottish July retail sales increase by 4.6% but stay below averages
Continuous rainfall in Scotland in July 2023 negatively impacted consumer enthusiasm and reduced retail salesThe post Scottish July retail sales increase by 4.6% but stay below averages appeared first...
View ArticleGerman June retail sales below expectations
According to preliminary data released by the Federal Statistical Office, sales dropped by 0.8% after adjusting for inflation compared to the previous month.The post German June retail sales below...
View ArticleUK loses 6,000 retail stores in five years
Covid-19, the living crisis and high business rates have caused the closure of 6,000 storefronts in the UK over the past five years.The post UK loses 6,000 retail stores in five years appeared first on...
View ArticleWalmart faces backlash for switching packaging materials
Walmart is facing criticism from some of its customers for using plastic packaging instead of paper for some of its products.The post Walmart faces backlash for switching packaging materials appeared...
View ArticleCo-op warns of soaring retail crime
The Co-op has issued a warning about the surge in retail crime, which could lead to "no-go" areas for shops in certain communities.The post Co-op warns of soaring retail crime appeared first on Retail...
View ArticleLVMH reports exceptional growth despite economic challenges
LVMH has maintained its exceptional growth trajectory in the first half of FY23, with reported revenue reaching an impressive €42.2bnThe post LVMH reports exceptional growth despite economic challenges...
View ArticleRetail investor rescues Wilko amid cash squeeze
Hilco has agreed to provide approximately £5m in additional funding to Wilko as it faces an intensifying cash squeeze.The post Retail investor rescues Wilko amid cash squeeze appeared first on Retail...
View ArticleUK retail sales surge in March as consumers regain confidence
The UK retail sector experienced a rebound in sales volume in March, indicating a positive sign for the broader economic recovery.The post UK retail sales surge in March as consumers regain confidence...
View ArticleUS: Halloween spending set to break records at $12.2BN
National Retail Federation forecasts record-breaking spending of $12.2bn for this Halloween, surpassing last year's all-time high of $10.6bn.The post US: Halloween spending set to break records at...
View ArticleKraft Heinz recalls Kraft Singles American processed cheese slices
Kraft Heinz has issued a voluntary recall for approximately 83,800 cases of Kraft Singles American processed cheese slices.The post Kraft Heinz recalls Kraft Singles American processed cheese slices...
View ArticleBrits turn to digital tools to manage rising cost of living, Santander study...
Digital tools and technology are helping consumers find new ways to stretch their budgets and make smarter financial decisions.The post Brits turn to digital tools to manage rising cost of living,...
View ArticleMorrisons brings back More card loyalty scheme
Morrisons More scheme replaces My Morrisons, offering points for in-store, online, and petrol station purchases.The post Morrisons brings back More card loyalty scheme appeared first on Retail Insight...
View ArticleLondon retailers bolster security as shoplifting soars 21.1%
London businesses are resorting to private security services due to their claims that the Met fails to respond to shoplifting incidents.The post London retailers bolster security as shoplifting soars...
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