Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
B&M European Value Retail falls Friday, underperforms market
Shares of B&M European Value Retail S.A. BME dropped 4.64% to £1.75 Friday, on what proved to be an all-around rough trading session for the stock market, with the FTSE 100 Index UKX falling 0.03% to 10,600.53. B&M European Value Retail S.A.
Here's Why Retail Investors Are Fleeing Private Credit
One story that matters each week, explained in five minutes. One story that matters each week, explained in five minutes. Here's Why Podcasts • Browse all episodes Investors tried to pull around $13 billion out of private credit funds in the…
AI is the boss at this retail store. What could go wrong?
SAN FRANCISCO — Checking out at Andon Market feels different. There are no scanners, no self-checkout sirens triggered by a prematurely bagged item and certainly no human cashiers. Instead, a customer can pick up an old-school corded phone…
Starbucks's retail arm gets £13.7m tax credit even as sales increase
Starbucks's UK retail arm received a £13.7m corporation tax credit last year, even as its sales increased 6% and it added more than 90 stores. The credit, which can be used to offset future tax bills, comes after losses widened to…
Retail Stock Traders Turn to Sellers as Rally Spurs Skepticism
A bout of equities volatility fueled by surging energy prices amid the Iran war is eroding confidence among some of the market's most reliable bulls: retail investors. Take Wednesday, when the S&P 500 Index surged to its highest level since March…
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Ajmal partners with Shoppers Stop to expand fragrance retail in India
Ajmal has partnered with Shoppers Stop to expand its retail presence in India. As part of the collaboration, a selection of Ajmal's fragrances will be available across select Shoppers Stop outlets, adding to the brand's existing distribution across…
Retail unit in 'heart of Chester city centre' up for sale
A prominent Chester city centre retail unit is on the market. The freehold of 11 Bridge Street is up for sale with a guide price of £250,000. The premises is currently occupied by a jewellers with two years remaining on the lease, according…
Apple is closing stores in 3 states, joins list of retailers to shutter locations in challenging environment for malls
There has been no shortage of retailers closing locations over the last few years as consumer behaviors shift online and foot traffic at brick-and-mortar stores continues to decline for many chains. And now, iPhone maker Apple has announced that it…
From Allbirds to Nike, the Sneaker Segment is Running Into the Ground. Here's What Retail Investors Need to Know.
It's been a dark time for the sneaker industry. Nike (NKE 3.14%), the world's top athletic footwear and apparel maker, lost nearly 70% of its value over the past five years as its growth cooled and margins shrank. Allbirds (BIRD 6.28%), once hailed…
Leicester Bodycare store to return months after retailer collapsed
Bodycare is returning to Leicester just months after the retailer collapsed into administration. The discount toiletries and cosmetics shop will be back in Highcross after its sole advisor, Newmark, secured leases. Six new retail locations across…
AI Is the New Sales Associate in Physical Retail
That's where artificial intelligence (AI) is stepping in. Tools like Guitar Center's Rig Advisor, an AI-powered shopping assistant, are designed to replicate what a human associate can do, delivering product guidance on demand. And it's not just…
UK fashion retailer closing website in days with at least 80% off in final sale
A beloved UK fashion retailer has revealed its website will shut down within days, unveiling its 'biggest offer ever' for shoppers to snap up final bargains. This follows the high street stalwart beginning to close stores earlier this year after…
Mr Price and SuperValu stores among retailers fined by competition watchdog
A fixed payment notice is a set fine of €300 that the CCPC can issue to traders for failing to correctly display prices or failing to provide certain important information to a consumer. The CCPC has published undertakings made by three…
Fintechs bet big on digital FDs, eye larger share of retail savings
Fintech platforms are stepping up their play in India's fixed deposit (FD) market, betting on digital distribution, ease of access and transparency to attract a new generation of savers. The shift comes as start-ups and large platforms alike look…
Inflation in spotlight as Tesco to disclose latest trading
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Tesco will shed more light on how the conflict in the…
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