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Retail DECODED

Latest edition: 22 Sep 2023
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Spotlight

Making fashion fashionable: how to build a successful brand

Retail Insight Network speaks to the founder of apparel brand Wax London to understand how fashion brands can differentiate themselves in a competitive market.

Latest news

Roots reports total sales increased 3.4% in Q2 2023

Lifestyle brand Roots has reported total net sales of C$49.4m ($36.40m) in the second quarter (Q2) of fiscal year (FY) 2023, up 3.4% from C$47.8m ($35.22m) in the same period in FY22.

Casey's inside same-store sales grew by 5.4% in Q1 FY24

Convenience retail chain Casey’s General Stores has reported that its inside same-store sales grew 5.4% in the first quarter Q1 of fiscal year (FY) 2024 compared to the prior year.

Signal: Primark expands omnichannel, adding womenswear to click and collect

Primark pursues its omnichannel strategy with expanded click-and-collect service, even as wider omnichannel interest wanes.

Student loans are US retailers' latest worries

With the conclusion of the three-year suspension of student loan interest, retailers are bracing for its negative impact on consumer spending.

Casey's inside same-store sales grew by 5.4% in Q1 FY24

Convenience retail chain Casey’s General Stores has reported that its inside same-store sales grew 5.4% in the first quarter Q1 of fiscal year (FY) 2024 compared to the prior year.

Tesco, Hasbro and Wastebuster partner on new recycling initiative

Children and families can recycle broken, hard plastic toys through toy recycling bins placed at selected Tesco stores.

Waitrose launches third round of price cuts this year

Supermarket chain Waitrose is lowering the prices of 250 popular autumn products, marking the third round of cuts this year.

eBay introduces new consignment service for luxury items

Global e-commerce company eBay has introduced a new consignment service for luxury product shoppers and sellers.

Uber and The Save Mart launch on-demand grocery delivery service in the US

The service will deliver from more than 190 stores belonging to The Save Mart Companies.

Buyandship raises $10m in first closing of Series B funding

The funding will facilitate the company’s expansion into Southeast Asia.

Grocers' brand portfolios enhance convenience for consumers

Other grocers may find that they have the scope to leverage external brands to expand their homewares and general merchandise offers through acquisitions and partnerships.

Kraft Heinz recalls Kraft Singles American processed cheese slices

The voluntary recall in the US is a response to a packaging irregularity that has impacted Kraft Singles American cheese slices.

JD Sports reports first half revenue rose by 8%

UK-based JD Sports Fashion has reported a total revenue of £4.78bn ($5.91bn) for the first half of its fiscal year, up 8.3% from $4.41bn in the corresponding period of the prior fiscal year.

Flying Tiger to launch live shopping in UK for growth strategy

Danish variety store chain Flying Tiger Copenhagen has partnered with live shopping solutions provider Sprii.

Secret Sales acquires online fashion retailer Dreivip

UK-based premium off-price fashion marketplace Secret Sales has expanded into Europe with the acquisition of Spanish online fashion retailer Dreivip.

How has inflation affected classic British food dishes?

It’s undeniable that inflation has impacted the UK food market, but what about British favourites such as Yorkshire Puddings and Fish and Chips?

Loss of top marketeer creates challenges for Tesco

Bellini’s departure leaves a big hole in Tesco’s leadership team that CEO Ken Murphy will be keen to fill quickly.

Dunelm posts 5.5% total sales growth for FY23

UK-based home furnishing retailer Dunelm has reported total sales of £1.64bn ($2.02bn) in fiscal year (FY) 2023, up 5.5% compared to £1.55bn in FY22.

Uber and Oracle unveil new Collect and Receive last-mile offering

Ride sharing company Uber has partnered with software company Oracle to unveil a new Collect and Receive service to offer last-mile deliveries in retail.