Asda finds low earner spending power falling as energy bills rise
The UK’s lowest-earning households were the only income group to see their spending power fall over the past year, Asda’s latest Income Tracker found. Households in the…
Retail news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
GUEST POST Why retailers misunderstanding Gen Z are becoming culturally disposable
Richard Jackson, head of content at Pion, looks at why retailers are failing to build meaningful connections with this key, younger demographic. The post GUEST POST Why retailers…
Alibaba profits hit by AI spending despite strong cloud growth
Alibaba has reported a sharp fall in quarterly profits as the Chinese technology giant ramps up investment in its AI infrastructure. The post Alibaba profits hit by AI spending…
Retail sales fall in July – but consumer confidence improves
Retail sales volumes fell in July after two consecutive months of increases, according to the latest ONS (Office of National Statistics) data. The post Retail sales fall in July –…
UK retail sales volumes drop 0.5% in July following June surge
Promotional activity brings demand forward as heatwave impacts high street footfall
Alibaba revenue rises 9% to RMB268.95bn as AI Cloud sales surge 45%
Group adjusted EBITDA falls 14% to RMB39.14bn as investment in technology and AI weighs on earnings
Garage and Dynamite bring Klarna payments to stores
Flexible payments provider Klarna is now available in-store at fashion brands Garage Clothing and Dynamite locations across Canada, the US and the UK.
Waitrose partners with National Geographic on regenerative farming series
Waitrose has partnered with National Geographic CreativeWorks to launch a two-part YouTube series highlighting regenerative farming and the retailer’s work at its Leckford Estate…
Boohoo hit with £2m fine in France over ‘fake’ discounts
Boohoo has been slapped with a £2m fine in France after the country’s consumer watchdog found the fashion retailer had misled shoppers with discounts that were not always genuine…
Tesco Launches Rapid Delivery Pilot In Prague With Wolt
Tesco is expanding its e-commerce footprint in Czechia with the launch of Tesco Hned, an ultra-fast delivery service.
Amazon to expand drone delivery reach sixfold this year
The e-commerce giant will soon launch Prime Air deliveries in metro Atlanta, Chicago and Cleveland, giving customers another fast shipping option.
Amazon to expand drone delivery reach sixfold this year
The e-commerce giant will soon launch Prime Air deliveries in metro Atlanta, Chicago and Cleveland, giving customers another fast shipping option.