Retailers hit record productivity from existing store space in Q2
Efficiency reaches £61.92 per square foot as sales volumes outpace rental growth
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Albertsons launches Safeway shopping plugin in ChatGPT
Albertsons Companies launched a Safeway plugin within ChatGPT, allowing shoppers to build grocery baskets and search for products using natural-language prompts. The integration…
Gap Inc. taps Walmart alum in ‘fashiontainment’ push
Justin Breton is joining the retailer as vice president of development and will report to entertainment chief Pam Kaufman.
Albertsons Integrates Safeway Shopping Into ChatGPT
Albertsons Companies has launched a new Safeway plugin within ChatGPT, enabling customers to manage and build grocery carts.
Walmart communications chief to depart after 3 years
Allyson Park’s tenure was marked by intense change at the retail giant, including the departure of longtime CEO Doug McMillon.
Shein to go public at a quarter of its value
Shein will finally go public on the Hong Kong Stock Exchange on September 1. The online retailer aims to raise up to 1.5 billion euros, but will have to settle for a valuation…
Shein targets $26.8bn market valuation ahead of Hong Kong debut
The upcoming IPO follows unsuccessful attempts to list in the US and London
Lidl launching self-checkout via smartphone app in Belgium as well
Following its launch in Germany, the Netherlands, and Luxembourg, the Scan&Go feature in the Lidl Plus app is now coming to Belgium as well: it allows shoppers to scan their…
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
British Retail Sales Soften In July After World Cup Boost
British retail sales fell back as expected in July after a surge in June with volumes last month dropping 0.5% from June.
Lululemon says it has ‘talented teams and leaders in place’ as communications chief exits
Bill Chandler will leave the company just days before incoming CEO Heidi O’Neill arrives.