In the future luxury retail will be characterised by “exacting” consumer standards.
Earlier this month, the Royal Bank of Scotland (RBS) announced that it would be closing 162 branches across England and Wales, resulting in 800 job losses.
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.
Tesco’s decision to close its non-food website Tesco Direct, due the lack of profitability in its online retail business, is the latest move by global retail giants looking to increase efficiency through automation.
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.
Walmart is still winning the battle for US retail domination despite increased competition from the likes of Amazon.
Ocado shares rocketed on the news that it signed a partnership with the US supermarket chain Kroger.
Adidas recorded a “successful” start to the year with revenue growth of 10% in the first quarter.
US retail giant Walmart is shelling out $16 billion for control of Indian ecommerce platform Flipkart in a bid to cash in on India’s fast-growing economy.
Sainsbury’s and Asda, two of the UK’s biggest supermarkets, have confirmed their plans to merge, following media reports over the weekend — sending Sainsbury’s share price higher.
UK supermarket giants Sainsbury’s and Asda — two of the sector’s so-called big four grocers — have confirmed they intend to merge.
The online multiplayer phenomenon Overwatch was the second biggest earning title in the premium PC market in 2017 — a year since its release in May 2016.
A staggering 1.3% of the world’s population now have an Amazon Prime membership as paid subscriptions pass the 100 million mark.
Seattle-based and family-run fashion chain of department stores Nordstrom is opening its first New York City store today.
UK supermarket giant Tesco has said its underlying operating profits climbed 28.4% to £1.64 billion last year, marking the ninth consecutive quarter of growth for Britain’s biggest supermarket.
Unless you live in Burgess Hill (or one of the villages surrounding it), a small town south of London, the chances are you won’t have heard of Charlotte’s Cupboard.
The Christmas period was unable to save the UK’s biggest toy retailer from closure.
The world is becoming more health-conscious and sportswear giants Nike are reaping the rewards.
As the parent company of many of the world’s biggest luxury brands, such as Dior, Louis Vuitton, TAG Heuer and Givenchy, LVMH has access to a vast pool of the world’s most talented creatives.
The WPP share price — already struggling due to tough industry trading conditions — has fallen at the market open in London today, down a little over 2%.
The H&M share price hit a ten-year low this morning, the latest in a series of financial setbacks suffered by the Swedish clothing retailer.
British clothing retailer Next has announced an 8% fall in annual profits in what it has described as its toughest period in 25 years.
The German meal kit company HelloFresh share price has leapt after the company revealed a 52% increase in revenue in 2017 and said it expects to break even by the end of this year.
US retailer Claire’s filed for voluntary bankruptcy protection under Chapter 11 in Delaware on Monday, in a bid to reduce its $2.2 billion debt pile.
Instagram Shopping has become available for UK retailers today in a bid to enable a more seamless shopping experience and drive retail spending via the app.
Hong Kong’s richest man has announced his intention to retire later this year, having risen from factory cleaner to the chairman of one of Asia’s leading conglomerates.
The L’Oreal share price rose this morning after the French cosmetics giant announced it’s buying Canadian virtual reality beauty firm ModiFace for an undisclosed amount to expand its digital footprint and seize a slice of online sales.
Shares in soap manufacturer PZ Cussons tumbled by 25% this morning – the worst day in the company’s history – after it issued a warning on full year profits.
Former James Bond actor Pierce Brosnan says an Indian mouth freshener brand “cheated” him.
Japan’s Fair Trade Commission has raided Amazon’s offices in the country amid allegations the company asked vendors to shoulder part of the costs for offering their products at a discount.