Global Retail News Roundup: Shein’s London IPO, UK Retail Boost, and Strategic Partnerships
Chinese fast fashion giant Shein is moving forward with plans for a highly anticipated London IPO, reportedly holding informal...
Ocado
Ocado Boosts Full-Year Guidance on Strong Q3 Performance
Ocado has increased its full-year revenue guidance due to strong growth in Q3, driven by a rise in customers...
UK Supermarket Sales Slow Down in September, Fresh Food Sales Boost
UK supermarket sales growth slowed to 4% in September, down from 5.5% in August, due to cool weather and...
Tesco’s New Ecommerce Venture: A Game Changer for Online Grocery Fulfillment?
Tesco is making waves in the ecommerce world with its new initiative, Transcend Retail Solutions, aimed at helping international...
Ocado Launches Ocado Ads for Measurable Growth and Personalized Experience
Ocado has launched its new retail media service, Ocado Ads, aiming to provide brands with measurable growth and personalized...
Lidl Gains Market Share as Asda Struggles and Ocado Remains Fastest-Growing Grocer
Lidl's sales soar as Asda struggles: Lidl enjoyed a 9.1% increase in sales, boosting its market share to 8%,...
Tesco Challenges Ocado with Online Grocery Initiative Transcend Retail Solutions
Tesco launches Transcend Retail Solutions, an ecommerce initiative to help international supermarket chains develop their online operations. Led by...
Ocado’s Australian Fulfilment Centres Finally Open for Coles
Online grocer Ocado's customer fulfilment centers in Sydney and Melbourne are now operational, ahead of their original 2023 schedule,...
Sainsbury’s Market Share Surges as Asda Struggles and Tesco Maintains Growth Streak
In a recent report by Kantar, Sainsbury's recorded its largest market share gain since 1997 in the last quarter,...
Ocado Tests Refillable Packaging for Everyday Products
Ocado, an online supermarket, is testing refillable packaging for everyday products like rice and pasta as part of a...