Strengthening their competitive edge while achieving financial targets, DIFARE, a retail pharmacy chain serving Ecuador, is renewing its price science contract with DemandTec for three years. A DemandTec customer since 2016, DIFARE plans to leverage the company’s science-driven price solution to continue their strong competitive pricing while ensuring they contribute to the health of both customers and Grupo DIFARE....
Online retail sales slid last month as customer spending was diverted back to the high street following the reopening of stores, according to new figures.
The IMRG Capgemini online retail index for June revealed a 14.1% slump in online sales for the month, against the same period last year.
It represented the steepest drop in the history of the index, for...
In a bid to save England’s high street, Refundable is launching a petition to introduce the Shop Out to Help Out scheme, a campaign to entice shoppers back out to the high streets to help independent retailers recover from the pandemic.
A not for profit initiative, Refundable is encouraging small businesses, from established traders to brand new boutiques to sign...
Superdrug has seen profits plunge nearly 80% during the year despite remaining open as an essential retailer throughout the pandemic.
The company said pre-tax profits for 2020 were just £18.8 million, compared with £89.4 million a year earlier as shoppers shunned the high street.
Sales were down 15% to £1.1 billion, including a 40% fall in the second quarter of 2020...
Hotel Chocolat is set to create 250 new jobs this year as part of expansion plans as the boss revealed online sales are expected to overtake store sales for the first time in its history.
Founder and chief executive Angus Thirlwell said the shake-up for the business comes as customers surged to its website in record numbers during the pandemic...
Retail sales have surged by record levels over the past three months as shoppers flocked back to stores following the easing of lockdown restrictions, according to new figures.
The latest BRC-KPMG retail sales monitor showed the quarter to June saw a mammoth rebound in like-for-like for sales after stores reopened and people continued to spend more online.
Total sales increased 10.4%...
O2 Business has launched Spatial Insights, a new technology that uses video analytics and Artificial Intelligence to provide a slick and efficient experience for customers in retail stores and other public spaces.
Initially piloting across 20 of O2’s high street stores, the ground-breaking tech will help deliver insights around customer movement and flow, enabling managers to make informed space and...
Leading AI forecasting technology company, antuit.ai, released its AI Demand Modeling Studio to the Consumer Products and Retail market today. The solution enables companies with production-ready AI models, pipelines and workflows for demand forecasting, shaping and fulfillment use cases.
“Innovation is a core value of antuit.ai and a key reason why our customers do business with us. I am proud...
Retailers need urgently to digitise store management processes, and communications and training as the role of the store worker changes, says Fabrice Haiat, CEO of YOOBIC.
Retailers are dealing with a new reality post-pandemic that is challenging the way they recruit, train, motivate and equip their store staff.
For several years, The British Retail Consortium has been talking about the prospect...
The chairman of Sainsbury’s has shrugged off speculation that the supermarket group could be the latest target of a private equity takeover and hailed “progress” under its current leadership.
Shares in the UK’s second largest grocer have lifted in recent weeks, after rival Morrisons attracted offers from private equity suitors.
It also comes months after Asda was bought by the billionaire...