Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UAE food retailers find new sources for rice after India's partial ban on exports
Dubai: Food retailers and grain traders in the UAE have been able to easily compensate for the drop in rice exports from India, after a ban came into effect on September 9. Making it easy for retailers - and consumers - was the fact that India ban…
Retail prices of rice to remain under control: Govt - ET Retail
New Delhi: The government on Friday said retail prices of rice in the domestic market will remain under control, helped by a ban on exports of broken rice and sufficient stocks in its godowns. The statement by the food ministry came a day after its…
Retail welcomes return of tax-free shopping despite bitter rates disappointment
Representatives of the sector have welcomed the reinstatement of tax-free shopping for tourists as a boost for UK retail's competitiveness in a bleak economic climate. In today's ‘mini-budget', new chancellor Kwasi Kwarteng scythed through a…
Luxury shopping chains push for fast-track VAT cut for tourists
A coalition of retailers, including at Bicester Village and Heathrow Airport, plan to persuade ministers to fast-track the VAT cut for tourists in time for the King's coronation next year. Industry bosses will tell Chancellor Kwasi Kwarteng they…
We Need Better Implicit Bias Training in Food and Retail
For most jobs, you will be asked to complete an online training curriculum covering basic company guidelines illustrated by a selectively-diverse group of actors — hey, maybe they're even animated — and you'll probably pay just enough…
Inflation top challenge globally: Nestle CEO - ET Retail
GURUGRAM: Nestle's global CEO Mark Schneider on Friday identified inflation as the biggest challenge globally, while maintaining that India is better off. For Schneider and board members, who were in India this week, the country is among the most…
Dispensaries across the Green Mountain State are gearing up for a change in the retail market
DERBY, Vt. (WCAX) - “It's going to be a safer environment. It's going to be a go to spot and so it's you're not going to have to meet your friend outside near the train station or you know what I mean?” said Brian Fisher a co-Owner…
BPSA: Large retailers playing their part
Chairman of the Barbados Private Sector Association (BPSA), Trisha Tannis said large retailers are honouring the compact with the government to try to keep prices down on 47 select items, but she noted the same might not apply to some of the…
Zomato to inspect cloud kitchens hosting more than 10 brands - ET Retail
Food aggregator Zomato on Friday said it will carry out physical inspection of cloud kitchens which run more than 10 brands out of a single location in a bid to curb malpractices by operators. 'While there is no exact science to the right number of…
Flipkart festive sales witness record 1.6 million users per second - ET Retail
Bengaluru: E-commerce major Flipkart on Friday said that it witnessed highest-ever number of concurrent users with 1.6 million users per second as it kicked off the ninth edition of its ' Big Billion Days 2022' festive sales, driven by shoppers…
KKR Blockchain Access To $4 Billion Fund Opens Door To Crypto Investors
As the U.S. Securities Exchange Commission (SEC) cracks down on noncompliant Wild West cryptocurrency firms, a new breed of blockchain application, created from the ground up to be securities, is emerging to meet demand. This month private-equity…
Slump in pound hits drivers with higher petrol costs
Drivers are to miss out on a fall in petrol prices after a sharp drop in the value of the pound. Oil prices have dropped back to the lowest level since January, but these savings are being “severely undermined” by the weakness of…
Aldi boast for homegrown tipples as supermarket triumphs in retail awards
Low-cost supermarket Aldi is giving shoppers the best of British, as it introduces two homegrown tipples. Made in collaboration with Penhros Gin, Haysmith's Wonky Raspberry & Blueberry Gin (£14.99, 70cl) contains over 100g of ‘wonky'…
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Alabama Retail Association suggests getting early start on holiday shopping
Published: Sep. 23, 2022 at 9:31 PM CDT|Updated: 12 hours ago MONTGOMERY, Ala. (WSFA) - Christmas is three months away, but it's never too early to start looking for gifts, the Alabama Retail Association says. “It's not too early. In fact…
It's very much a mixed shopping bag for retailers - Kevin Buckle
Added to the worry of rising fuel costs are staff shortages which has particularly affected the hospitality industry – though it is now also the number one reason I'm told for my bus not turning up. There are, of course, a host of other…
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