ONLINE DRIVING SALES IN THE UK SHOPPERS BUYING CLOTHING & FOOTWEAR
Shoppers turned online to spend once more in August, driving the strongest UK retail sales growth for more than two years, the latest figures from...
Tag : Retail
AMERICAN EAGLE ANNOUNCES CLOSURE OF 50 STORES Company Reports Losses in Second-Quarter
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie. On the company’s earnings call with analysts,...
Abercrombie & Fitch’s second-quarter online sales surged 56%.
The apparel retailer reported a surprise profit, as it cut costs amid the e-commerce boom. Abercrombie called out a slower start to the back-to-school season...
RELIANCE RETAIL ACQUIRES FUTURE GROUP AT RS 24,713 CR
Mukesh Ambani-led Reliance Industries said will acquire the retail and wholesale business and the logistics and warehousing business of Future Group in a deal valued...
M&S Launches Face Coverings with Antimicrobial Properties
M&S announced the launch of M&S Antimicrobial Face Coverings. All profits from the sale of these coverings will be donated to its charity partner Goonj...
PERFECT SOURCING ORGANISES WEBINAR WITH SOURCING EXPERTS
BUSINESS WITH CAUTION & INNOVATION WILL BE THE FUTURE Dark…. This is the image in mind of most of the people irrespective of business segment...
950 jobs at risk at Marks & Spencer
The corona crisis accelerates the reorganization plans at Marks & Spencer: the British retailer wants to make three years progress in one year. That will...
IMPORTS FROM THE US EXPECTED TO REMAIN SLOW
U.S. imports are performing like a yo-yo, up one month and down the next with no apparent cause that can realistically point to either a...
Debenhams Says it will cut 2,500 more jobs
Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic. This is on top of...