Walmart’s long-lasting challenge: luring budget shoppers back to its stores By Reuters API Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart…
Kanye seeks to cut ties with Gap By Reuters Kanye WestGap Reuters Gap breached its agreement with West by not selling the Yeezy The company can sell existing Yeezy Gap stocks until the sell-off period, the letter said. Shares in…
Next in talks to buy 25% stake in troubled Joules NextJoules Joules The fashion, homewares and beauty retailer is in talks with Joules to buy a 25% stake, with negotiations having gone on for several weeks. There was speculation after…
Primark website crashes on click and collect debut By Reuters API Fashion retailer Primark The trial launched in 25 stores across the north west of England, Yorkshire and north Wales for children’s products only. “It’s been great to see so…
Ben De Lisi debuts on QVC in UK American designer Ben De Lisi has long been a popular name in the UK via his work with retailers such as DebenhamsQVC Ben De Lisi/QVC It launches on Wednesday (5 October) and…
Joules to appoint administrators as rescue talks fail Struggling Joules Joules The Garden Trading Company, the business that it acquired nearly two years ago, will also file for administration. The news comes just a week after it had said it…
M&S launches loyalty programme internationally Marks & SpencerM&S M&S said it has custom-built its international online Sparks platform to be scalable across multiple different markets, “offering a fast and rewarding experience, as well as enabling M&S to better understand its…
Sports brands: More aggressive promotions in Europe than in the US Translated by Cassidy STEPHENS While consumers are making adjustments to their apparel spending in the face of inflation, retailers in the sector are using promotions to attract customers and…
Amazon raises hourly pay for warehouse and transportation workers By Reuters Amazon Amazon said the pay hikes would cost the company nearly $1 billion over the next year – Amazon The wage hike would help the company attract and retain…
Ukraine’s Zelenskiy thanks Nike for leaving Russia market By Reuters Ukrainian President Volodymyr Zelenskiy said on Friday he had spoken to Nike Archiv ”This is an example of how business can play a significant role in protecting humanity and freedom,”…
