Retail trade
The Body Shop’s French subsidiary takes a step closer to liquidation
Business
08.07.2024
The Body Shop’s French subsidiary takes a step closer to liquidation
The Body Shop’s French subsidiary could potentially face closure, with the company already in receivership and being left with only…
UK retailer Sainsbury’s to offload banking business to NatWest
Business
20.06.2024
UK retailer Sainsbury’s to offload banking business to NatWest
Sainsbury’s will sell the majority of its banking division to NatWest. The assets to be taken over by the UK…
Shein set to file £50 billion London IPO prospectus
Business
03.06.2024
Shein set to file £50 billion London IPO prospectus
Fashion giant Shein is on the verge of secretly filing a London initial public offering (IPO) prospectus with the Financial…
AI will help small businesses compete with retail giants, says Shopify President
Business
03.06.2024
AI will help small businesses compete with retail giants, says Shopify President
Commerce platform Shopify has transacted over $1 trillion (€921.4 billion) of gross merchandise volume (GMV) since its founding in 2006. …
FTSE reshuffle: Ocado and SJP drop out while Darktrace could return
Business
29.05.2024
FTSE reshuffle: Ocado and SJP drop out while Darktrace could return
FTSE Russell recently announced the indicative changes to its FTSE 100 and FTSE 250 indices, which could come into effect…
German department store chain reaches rescue milestone
World
29.05.2024
German department store chain reaches rescue milestone
Retailer Galeria Karstadt Kaufhof has once more been rescued from the brink of insolvency after facing its third bankruptcy in…
Benetton set to remodel its brand as it looks to cut down on fashion losses
Business
28.05.2024
Benetton set to remodel its brand as it looks to cut down on fashion losses
The United Colours of Benetton, one of the most well-known and loved brands of the 1980s and 1990s, is facing…
British supermarket Sainsbury’s plans to cut costs by harnessing AI
Business
18.05.2024
British supermarket Sainsbury’s plans to cut costs by harnessing AI
British supermarket giant, Sainsbury’s could be the latest retailer to harness AI to gain better insights into customer shopping behaviours…
France’s Casino supermarket chain to cut 3,200 jobs following takeover
Business
26.04.2024
France’s Casino supermarket chain to cut 3,200 jobs following takeover
Casino said this week it would be making the job cuts to improve its financial situation — and said it…
JD Sports off and running in US market with billion-dollar offer for major US competitor
Business
23.04.2024
JD Sports off and running in US market with billion-dollar offer for major US competitor
JD Sports says it has entered a binding agreement to fully acquire Hibbett for $87.5 (€82) per share in cash, offering…