Shein IPO valuation could fall below $30bn as investor appetite cools
Shein could be forced to accept a valuation below $30bn (£22.4bn) for its long-awaited stock market debut as investors push back on the fast fashion giant’s proposed price tag…
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Shein could be forced to accept a valuation below $30bn (£22.4bn) for its long-awaited stock market debut as investors push back on the fast fashion giant’s proposed price tag…
Great Britain has recorded the highest level of FMCG inflation compared with France, Germany, Italy and Spain, according to NielsenIQ (NIQ).
Kenvue narrowly missed Wall Street estimates for second-quarter results as inflation, tariffs and currency-related costs squeezed margins.
The specialty grocer’s loyalty program, ongoing affordable pricing strategy and new store openings kept the company in the black for both net and comparable-store sales.
Prime Minister Andy Burnham has vowed to tackle the ongoing cost-of-living crisis with a series of measures, including making it easier to cancel unwanted subscriptions, as part…
Grocers could face tougher rules around promotions and “was” prices as Prime Minister Andy Burnham launches a crackdown on misleading discounts and subscription traps. The…
A Senate subcommittee hearing put companies on blast for “AI surveillance pricing,” highlighting how retailers risk losing consumer trust.
The c-store group is increasing prices after midnight at its Cannon Street shop due to retail crime costs
Like many U.S. grocers, the company’s comparable store sales performance was weighed down by the Inflation Reduction Act.
Kraft Heinz raised its annual outlook after quarterly sales beat estimates, as price increases offset weaker volumes across key markets.
Consumer group Which? has found Aldi to offer the lowest prices on 93 everyday groceries in the month of July, besting Lidl and Asda. It’s the seventh month in a…
Retailers have hit back at Chancellor John Healey’s warning to supermarkets that any “profiteering” as a result of the Iran War will not be tolerated. The post Retailers reject…