Tesco credits F&F success and digital channels for £3.3bn sales
Tesco has reported adjusted operating profit grew 6.5 per cent to £1.78bn for the 26 weeks to 29 August, as the supermarket giant benefitted from its omni-channel operations…
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ThredUp CEO on AI costs: ‘I was both surprised and didn’t care’
James Reinhart said nothing should be done to slow employees’ use of AI because the benefits will outweigh those initial costs eventually.
PrimaPrix closes all stores in Lille, France
The Spanish discount retailer PrimaPrix is closing its three stores in Lille, northern France. As a result, the French store network will shrink from 31 to 28 locations; this…
AI shopping has outrun its plumbing, says payments expert
As Meta and OpenAI look at integrating new payment functionality into their agents, does this mean agentic commerce is finally fully ready to scale? The post AI shopping has…
Zalando sets up shop in France with mega-distribution center
After five years of planning, construction, and gradual expansion, Zalando has officially opened its first mega-distribution center in France. The 140,000-square-meter complex in…
Uniqlo owner seemingly set to overtake H&M as sales surge in Europe and North America
Uniqlo owner Fast Retailing is reportedly on course to overtake H&M in annual sales for the first time, driven by strong growth across Europe and North America. The Japanese brand…
MOTH launches Decaf Espresso Martini exclusive to Sainsbury’s
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ASOS update: hackers gained access to employee account
Digital fashion platform ASOS has provided its customers with an update following app users receiving threatening notifications on Tuesday morning, revealing that an unauthorised…
Datekin lands its first mainstream grocery listing with Ocado.com
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Froot Pops secures Co-Op listing
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Uniqlo’s parent company, Fast Retailing, surprises with fifth consecutive increase in profits
Fast Retailing closed its fiscal year with its fifth consecutive record profit. The owner of Uniqlo attributes this to strong performance across all regions, despite pressure from…
Eighty one per cent expect to be better prepared for disruption but 54% still manage supply chain risk reactively, BSI finds
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