Harrods back in the black after abuse scandal and cyberattacks
Harrods has turned its loss around and returned to profitability in the past fiscal year. The London luxury department store held its ground in a challenging luxury market and…
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GUEST POST What in-store BNPL tells us about the future of retail payments
As Lululemon introduces Klarna at its in-store checkouts, Michaela Weber, SVP Payments at Commerce, explores the place of BNPL in omnichannel retail. The post GUEST POST What…
The Gym Kitchen expands range with Instant Porridge Pots
High-protein meal brand The Gym Kitchen has expanded its breakfast offer with the addition of Instant Porridge Pots, which land in Asda this week. The range includes Golden Syrup…
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…
Imperial Brands To Cut Thousands Of Jobs In US And Europe, Bloomberg News Reports
Imperial Brands is preparing to cut thousands of jobs in key markets, including the United States and Europe, Bloomberg News reported.
Bob’s Discount Furniture is winning over higher-income shoppers
The furniture retailer, known for its value-oriented marketing, said it’s seeing momentum build within its cohort of customers earning over $100,000.
Grocers have entered a ‘new affordability era,’ report notes
With no end in sight to consumers’ value-focused shopping habits, retailers should focus on helping people feel confident they’re getting good quality for their money, according…
Frasers Plus Designer Outlet East Midlands announces strong growth following premium brand investment
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Frasers Plus East Midlands sees store expansions drive sales up 42%
Brand upsizes by Levi’s, Barbour and Le Creuset boost footfall at retail destination
Charles Tyrwhitt celebrates 40th anniversary
British menswear brand Charles Tyrwhitt celebrates its 40th anniversary with a new campaign fronted by the brand’s founder Nick Wheeler. The marketing drive features exclusive…
Retail businesses under rising threat from cyber attacks and connectivity failures
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
ANALYSIS Burnham takes aim at subscription traps and ‘rip-offs’, but households need bigger relief
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…