Retail DECODED
Latest edition: 08 May 2024
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Spotlight
UK retail sales drop 4% in April 2024 amid poor weather
The decline contrasts with the 5.1% growth seen in April 2023 and falls below the three-month average growth of 0.5%.
Latest news
ALDI Nord permanently cuts breakfast staples' prices by up to 21%
The new reduced pricing of breakfast products and staple foods came into effect from 6 May 2024.
Target tests wholesale waters with popular Cat & Jack brand
The company is reportedly in the early stages of exploring opportunities to sell its products to retailers globally.
UK consumers concerned about international delivery
A new report finds a marked decline in UK consumers buying from overseas due to concerns relating to delivery and returns.
Richemont to acquire Italian jewellery brand Vhernier
Milan-based Vhernier offers jewellery designs inspired by modern sculpture and the curves of the human body.
Lululemon faces greenwashing probe by Canada's Competition Bureau
The latest investigation stems from a complaint filed by advocacy group Stand.earth in February 2024.
MINISO opens first IP collection store in Vietnam
The new store incorporates dedicated zones for popular characters such as Winnie-the-Pooh, Snoopy, and Pokémon.
Coty's records reported net income of $0.5m in Q3 FY24
Adjusted net income came in at $43.8m, a decrease of 74% from $168.1m reported in Q3 FY24.
In our previous edition
Retail Decoded
Converting unhappy shoppers into brand champions
07 May 2024
Retail Decoded
Food Lion expands home delivery to seven more states in US
06 May 2024
Retail Decoded
eBay posts revenue increase of 2% in Q1 FY24
03 May 2024
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