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Why optimising payments is the key to retail success. Retail industry news, analysis, video and key retail market data – from across the entire retail sector.
Inside Ikea’s innovation strategy: Stores, AI and supply chain
Oct 12, 2023 · We take you inside Ikea’s plan of action. Swedish furniture retailer Ikea was established in 1943 and operates 460 stores across 62 markets. The business reported a total sales increase of 6.5% to €44.6bn (£38.5bn) for fiscal 2022. It hosted 822m visitors to its stores and 4.3bn visitors across its online channels that same year.
What makes Lululemon’s supply chain strategy so great?
Jul 16, 2023 · When it comes to supply chain sustainability, in June last year Lululemon joined H&M Group as one of the backers of a $250m (£198.7m) fund aimed at accelerating efforts to cut carbon emissions in the fashion industry’s supply chain. Lululemon is backing the $250m Fashion Climate Fund. The fund will help finance expanding the use of renewable ...
Morrisons: latest news, analysis and trading updates - Retail Week
10 September 2024By Megan Robinson. Following news that Amazon and Morrisons have expanded their partnership to include the grocer’s loyalty scheme, Retail Week speaks to Amazon director of grocery partnerships worldwide Russell Jones about new features, customer demand for loyalty and changing shoppers’ perceptions of Amazon as a ...
Retail industry intelligence | Retail Week
Retail Intelligence. The Intelligence portal is the home of Retail Week’s essential industry analysis, including insight into the strategies of leading retailers, Innovation of the Week, forecasts, rankings and in-depth special reports.
All News articles - Retail Week
Oct 7, 2024 · Uniqlo parent Fast Retailing's sales have exceeded £15bn for the first time. 2024-10-10T15:59:00Z. Fast Retailing, the owner of fashion retailer Uniqlo, has reported soaring sales and profits for the full year as sales exceeded ¥3trn (£15.5bn) for the first time. News.
Three challenges facing retailers – and why data-driven decisions …
Jul 18, 2021 · Judith McCandless works with global retailers to ensure that they have the right technology solution to meet their business needs and has been working in the retail industry for more than 25 years as a merchandiser and software implementer, and in the past 10 years has helped retailers understand how systems can resolve industry issues …
What can retailers learn from Aldi’s supply chain strategy?
Aldi’s business model is based on driving down costs and creating efficiencies throughout the supply chain. From a technology perspective, huge advancements are in the pipeline – with the grocery chain receiving approval in 2021 for a 1.3 million sq ft site in Leicestershire that will include a semi-automated distribution centre and office space just 20 …
Home Bargains: latest news, analysis and trading updates - Retail …
4 days ago · Zalando has upped its guidance as sales and profits soar in ‘strong start’ to the season. 11 October 2024By Chloe Mills. Online fashion giant Zalando has increased its full-year guidance as sales and profits surged thanks to a “strong start” to the autumn/winter season.
Asda: latest news, analysis and trading updates | Retail Week
Sep 18, 2024 · Opinion ‘Mohsin Issa’s Asda departure paves the way for Lord Rose to bring much-needed stability’ 2024-09-18T15:00:00+01:00 By Hugh Radojev. With Asda sales tanking and its market share in free fall, Mohsin Issa stepping down from running the business finally paves the way for new leadership to bring a semblance of stability back to the business, writes news editor Hugh Radojev