The Very Group Renews DemandTec Markdown Optimisation
Online retail giant The Very Group will continue to enhance its pricing strategies with DemandTec Markdown Optimisation. The Very Group’s three-year renewal expands upon...
More than a quarter of payments in 2020 were contactless as cash use plunged
More than one in every four payments last year were contactless as cash use plunged, according to figures from a trade association.
Coins and banknotes...
ScS hikes outlook for this year and next as orders surge
Sofa retailer ScS has hiked its outlook for this financial year and next after seeing orders soar since stores reopened.
The firm, which has 100...
Boohoo set to reopen one Debenhams store
Boohoo Group could be set to bring the Debenhams brand back to the high street by opening one small store outside of London. The...
LVMH and Google Cloud create strategic partnership for AI and cloud-based innovation
LVMH and Google Cloud have announced a strategic partnership to accelerate innovation and develop new cloud-based artificial intelligence (AI) solutions. Both companies will join...
Boohoo signs up to tougher ethical standards regime
Online fashion giant boohoo has agreed to sign up to a forensic supply chain initiative as part of the company’s attempts to improve its...
Halfords set to see profits almost double as public transport ditched for bikes
Halfords’ profits are set to almost double for the past year after people shunned public transport in favour of bikes and cars during the...
Lockdown switch away from suits hurts sales at Ted Baker
The lockdown preference for comfortable clothes rather than suits and shirts hurt Ted Baker as the company saw its revenue collapse.
The clothes retailer said...
Selfridges put up for sale with £4bn price tag
The Weston family has reportedly lined up Credit Suisse to explore a sale, prompted by an approach for the business.
The sale would include the...
DFS buoyed by pent-up sofa demand after showrooms reopen
DFS has revealed that sofa orders surged after it saw pent-up demand released following the reopening of its showrooms in April.
Shares in the furniture...