Outgoing John Lewis MD: UK economy facing a ‘permacrisis’
Peter Ruis, who is due to step down as managing director of John Lewis this month, has said that British businesses are facing a “permacrisis externally [which] isn’t going to go…
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Waitrose launches supermarket-first “wellbeing bays”
Waitrose is grouping together products across collagen, creatine, hydration, protein and gut health in dedicated “wellbeing bays” in 52 stores, online and through on-demand…
Auction of Very Group halted as bidders fail to hit £2bn asking price
The sale of multi-brand online retailer Very Group is close to being scrapped, according to reports. Sky News has learnt that a sale process is unlikely to proceed after potential…
Lower Calvin Klein sales drag down PVH
PVH saw its revenue decline by 3% in the second quarter to $2.1 billion (approximately 1.78 billion euros). Calvin Klein was the main factor dragging down the figure, while Tommy…
B&Q amongst businesses paying staff below minimum wage
DIY retailer B&Q is one of hundreds of UK businesses named by the government for paying staff below the minimum wage. B&Q underpaid 4,530 workers a total of more than £456,000…
Carrefour To Deliver Licensing Keynote At Brand Licensing Europe
Carrefour will join licensees Jazwares and Sun City for an exclusive keynote panel at this year’s Brand Licensing Europe.
DRS producer fees confirmed at zero for first 15 months
Exchange For Change has confirmed that producer fees for the UK Deposit Return Scheme (DRS) will be set at 0p per container for the first 15 months of the scheme.
Pardon the Disruption: Is grocery’s loyalty boom swaying price-sensitive shoppers?
Retailers across the industry have made significant changes to their loyalty programs. But there’s more work to be done to connect with value-seeking consumers.
YouTube and Amazon launch an offensive against TikTok Shop
YouTube has made Amazon an affiliate partner of its shopping platform: creators can now tag products from the online store directly in videos and livestreams. YouTube aims to make…
Campbell's Forecasts Weak Year Ahead On Pressured Consumer Spending
Campbell's has forecast weaker-than-expected annual profit and sales and cut its quarterly dividend by more than a third.
Nicky Vankets gets a makeover: House of Vankets adorned with new structure, a CEO, and added capital
Since June, construction entrepreneur Daphné Vandenplas has been at the helm as CEO of what is now known as House of Vankets. Together, they aim to expand and stabilize the…
John Lewis unveils gifting content series
John Lewis has unveiled a new vodcast, hosted by broadcaster and presenter Angela Scanlon. Titled ‘Gift List’, the series explores how different celebrities approach gifting. The…