With 403 stores spanning across 49 countries, IKEA truly is a global phenomenon.
PepsiCo has confirmed that Ramon Laguarta will replace departing CEO Indra K.
An AI-based e-commerce engine dubbed Zwoop has been announced that is designed to transform online shopping through a universal cryptocurrency payments system.
At least 700,000 users of online fashion websites including Elle Belle Attire, AX Paris and Traffic People have had their personal details exposed following a security breach suffered by their site provider Fashion Nexus.
The widespread practice of trading at sea, known as transshipment, lacks adequate regulation and transparency, making it all too easy to hide human trafficking, drug smuggling and illegal fishing activities.
Soaring temperatures, the World Cup, and royal wedding have boosted the UK’s return to GDP growth, yet the retail crisis continues with more store closures and job losses.
Companies are increasingly struggling to fill existing roles.
The chairman and co-founder of Chinese conglomerate HNA Group, Wang Jian, died in a fall yesterday during a business trip in Southern France, raising questions about the future of the investment behemoth.
Amazon is progressively increasing its presence in the retail sphere, from the acquisition of up-market grocer Whole Foods for $13.78bn last year to the opening of its first physical store, Amazon Go, in Seattle in January.
Generation Z — covering those born approximately between 1996 and 2015 — is the first to grow up not knowing a world without the internet.
This morning a John Lewis profit warning grabbed the retail headlines, causing many to assume that the John Lewis Partnership is set to go the same way as many of its department store competitors.
Today the EU’s retaliatory trade tariffs against the US go into force.
Financial trade body UK Finance has reported that credit and debit card spending overtook cash payments in the country last year for the first time ever.
The decision to ban several animal products by online retail giant ASOS has been lauded by animal welfare activists, but for environmentalists it is cause for significant concern.
US tech giant Google has said it plans to invest $550m into China’s second largest e-commerce retailer JD.com.
Discount high street retailer Poundworld has announced that it has gone into administration, putting 5,100 jobs at risk.
In another blow for the British high street, the department store House of Fraser announced today that it plans to close 31 stores – more than half of its UK chain.
In the future luxury retail will be characterised by “exacting” consumer standards.
Chinese e-commerce giant Alibaba Group is in good financial shape for 2018 after posting consistent annual revenue growth since 2010.
Dixons Carphone made headlines this morning as its share price dived on the London stock exchange and it lost a fifth of its market capitalisation – dropping to £2.1bn.
iPhone maker Apple has been awarded $539 million in its near seven-year patent battle with rival Samsung.
The Deutsche Bank annual general meeting (AGM) of 4,500 shareholders took place in Frankfurt yesterday, just hours after the bank revealed it was axing at least 7,000 jobs worldwide as the organisation works to scale back its global investment bank.
Deutsche Bank is cutting around 7,000 jobs, with hundreds of staff in London expected to be affected.
Marks & Spencer — a British high street fixture for more than 100 years and FTSE 100 constituent since its founding in 1984 — has admitted it must evolve or die.
The US will decide at the end of May whether Europe’s current exclusion from steel tariffs will be extended — and it doesn’t look likely.
US President Donald Trump’s administration appears to be ready to lift a ban on American companies selling hardware and software to Chinese telecoms company ZTE.
As Sterling drops below $1.34 this morning ahead of the next round of Brexit talks with Brussels tomorrow, the FTSE 100 blue-chip index has hit a fresh record high, touching 7,843 points.
Oil prices continue to climb, with Brent hitting $80 a barrel earlier today.
Ocado shares rocketed on the news that it signed a partnership with the US supermarket chain Kroger.
The Tencent share price has risen sharply this morning in Hong Kong after the Chinese technology giant revealed record first quarter net profit of 23.29 billion yuan ($3.7 billion), up 61% year-on-year.