Retail

Panry Price Wars: Heinz Meanz’ Business In Tesco Dispute

The cost of living crisis continues to affect households in the UK. Consumers are focusing on finding the lowest prices for essential items. As the Big Four feel pressured by German discounters, Aldi or Lidl, grocery stores are promoting strong messaging...

Walgreens Ditches Sale Of Boots Blaming Volatile Debt Markets

U.S. drugstore giant Walgreens WBA has abandoned the sale of the U.K.’s leading pharmacy chain Boots, with the debt-financing markets apparently derailing its plans. The Walgreens Boots Alliance (WBA) announced its decision to keep its Boots and No7 Beauty Company businesses...

Back to the Same Issue: ASOS Profit Forecasts Downgrade

ASOS is the latest retailer that highlights the true pain of high returns rates while warning of a loss in profits. Fast-fashion favorite said profit was affected by “inflationary pressures” on consumers, despite sales growth over the three months to May....

Primark Trials Online Sales At Last But Warns Of Price Hikes

One of store-based retail’s last bastions, Primark, is to trial a click-and-collect service in the U.K. in its first significant move into online shopping. Yet the move by the fast fashion giant comes with plenty of caveats. The retailer said that...