Home News Page 286

News

The latest news from the retail industry

Shopping surges in May after pandemic restrictions ease

Retail sales soared in May as the further easing of lockdown restrictions helped to drive spending, according to new figures. The latest BRC-KPMG retail sales...

Apple previews powerful software updates designed for people with disabilities

Apple announces powerful software features designed for people with mobility, vision, hearing, and cognitive disabilities. These next-generation technologies showcase Apple’s belief that accessibility is...

Tesco to end buying partnership with French supermarket Carrefour

Tesco has said it will end its buying partnership with French supermarket chain Carrefour after three years. The UK’s biggest grocer told investors on Monday...

What tax changes have G7 ministers agreed and what does it mean for UK...

G7 finance ministers have announced a “historic” deal to agree a global base rate for corporation tax and reforms targeting multinational companies. Here is a...

Chancellor heralds ‘historic’ tax deal at G7 finance meeting

The Chancellor has hailed a “historic” decision by G7 countries to agree a global base rate of corporation tax and reforms to the tax...

Ted Baker set to slide to £65m loss after dive in store sales

Ted Baker is expected to tumble to a £65 million loss after sales were slashed by the pandemic. The enforced closure of bricks and mortar...

Watermans partners with THG Ingenuity

Watermans is excited to announce their partnership with THG plc’s end-to-end e-commerce division - THG Ingenuity - and the launch of the new WatermansHair.com D2C site, to help accelerate the digital...

Scotland’s shopping footfall ‘still languishing 25% below pre-pandemic levels’

Footfall at Scotland’s shops is still languishing around 25% below the levels recorded before the coronavirus pandemic, according to new figures. The Scottish Retail Consortium...

Getir triples valuation to £5.3bn as it secures funding boost

Rapid grocery delivery firm Getir has tripled its valuation to 7.5 billion dollars (£5.3 billion) after securing more funds to drive its ambitious expansion...

This year unlikely to be as good as bumper pandemic performance, B&M warns

B&M has warned investors to expect a drop in revenue in its current financial year as the company comes off an excellent performance during...