Lidl pledges to keep prices competitive amid rising National Insurance costs.CEO Ryan McDonnell speaks on handling increased expenses due to policy changes.Retail industry anticipates £7bn in…
Browsing: retail industry
Retailers face potential job cuts due to recent tax increases, according to the Bank of England governor.A letter from the British Retail Consortium highlights a possible…
Retailers are revamping digital storefronts to enhance user experience.Marks & Spencer leads the way with new ecommerce innovations.These improvements aim to streamline online retail operations.The upgrades…
Retail leaders are closely watching Chancellor Rachel Reeves’ budget presentation, anticipating critical reforms.A primary concern among retailers is the need for a comprehensive overhaul of the…
Frontline workers are pivotal to retail success, yet their training is often insufficient.The latest report highlights the disconnect between available tools and frontline needs.Many existing training…
The retail industry confronts a significant financial challenge with a £140 million increase in business rates due to recent inflation data.September’s inflation figures show a decrease…
Wilko has teamed up with Deliveroo to launch an on-demand delivery service for home and garden products, catering to its customers’ increasing demand for rapid delivery…
Saudi Arabia’s Public Investment Fund (PIF) has secured a 40% stake in Selfridges Group, aiming to revitalize the renowned department store.Austrian property group Signa, the previous…
Over 70 retail leaders demand urgent reform of business rates in a letter to the Chancellor.Leaders from high-profile retailers such as M&S, Primark, Ikea, and Tesco…
A coalition of over 70 retail CEOs is advocating for the creation of a Retail Rates Corrector.The proposed correction seeks a 20% reduction in business rates…