UK Retail Sector Loses Nearly 650,000 Jobs in Five Years
In a recent study by the Centre for Retail Research, it's revealed that nearly 650,000 retail jobs have been...
Monthly Archives: June 2022
Amazon Fashion Introduces Virtual Try-On for Shoes on iOS
Tonight, Amazon Fashion has unveiled a groundbreaking feature: Virtual Try-On for Shoes! This innovative tool uses augmented reality to...
Inflation Strains Supermarkets’ Relations with Suppliers
In a recent survey by the Groceries Code Adjudicator (GCA), it's revealed that inflation and rising costs have strained...
Screwfix Foundation Raises £10m for Charities and Non-Profits with Pennies Partnership
Kingfisher's Screwfix has raised £10 million for The Screwfix Foundation since its launch in 2013, supporting UK charities and...
THG Rewards Employees with Shares Amidst Takeover Bids
TV Anchor: In a major move to incentivize employees, online beauty retailer THG announces it's gifting shares to 500...
ProCook Warns of Challenging Market Conditions Impacting Profits and Revenue
Kitchenware retailer ProCook warns of lower profits due to challenging market conditions and increased spending pressures on customers. Despite...
Sainsbury’s and Starbucks Partner to Expand Café Presence in UK Stores
Sainsbury's has opened a new Starbucks café in its New Cross Gate store, marking the beginning of a plan...
Reliance Industries and Apollo Bid £5.5bn for Boots with Expansion to Asia Expected
India's largest listed company, Reliance Industries, partners with private equity firm Apollo to make a £5.5bn binding offer for...
CD&R’s £7bn Takeover of Morrisons Approved by CMA
Morrisons has received approval from the Competition and Markets Authority (CMA) for its £7bn takeover by CD&R, following assurances...
Waitrose Redistributes £10m Meals with FareShare: A Winning Partnership Against Food Waste
Waitrose partners with FareShare, a charity network that redistributes food from retailers into meals for communities, providing over £10...