Retail Industry Loses Over 100,000 Jobs Since 2020: Wilko Collapse Contributes to the Toll
In a recent report, the Centre for Retail Research reveals that over 100,000 retail jobs have been lost since...
Monthly Archives: September 2023
Boots Shifts Focus from Online Marketplace to Dropship Programme
In a surprising turn of events, Boots has reportedly abandoned plans to launch an online marketplace, as revealed by...
Elliott Advisors Bids for The Body Shop Amid Poor Pandemic Performance
In a recent development, investment firm Elliott Advisors has reportedly joined the race to acquire The Body Shop after...
Nordstrom Strengthens Leadership Team with New Executive Appointments
In a major shakeup, Nordstrom appoints Jamie Nordstrom as chief merchandising officer, Fanya Chandler as president of Nordstrom stores,...
Ann Summers Joins Forces with DSA to Boost Direct Selling
Ann Summers, a UK-based retailer, has joined the Direct Selling Association (DSA) in an effort to focus on its...
French Bedroom Appoints Holly Yates as Managing Director
French Bedroom e-commerce brand promotes Holly Yates to managing director as they celebrate 17 years of creating French style...
Mytheresa Reports Strong FY23 Results: 11% Sales Growth and US Market Expansion
German luxury fashion retailer Mytheresa reports a 11.4% increase in net sales, reaching €768.6m ($759m) for the period ended...
H&M Reports 6% Net Sales Growth in Q3, Prioritizes Profitability and Inventory Levels
H&M reports a 6% increase in net sales, reaching SEK 60bn (£4.3bn) by August 31st, 2023, but excluding Russia,...
TikTok Shop Boosts In-App Shopping Experience with CommerceHub Partnership
TikTok Shop partners with CommerceHub to enhance its in-app shopping experience, granting access to thousands of brands on their...
Pepco Group CEO Resigns, New Leadership and Updated Guidance Announced
In a surprising turn of events, Trevor Masters has resigned from his position as CEO of Pepco Group effective...