Lidl is dramatically increasing its plant-based food options amidst rising consumer demand. This strategic adjustment signals a 12% growth in demand over the past year and…
The final quarter, known as the ‘golden quarter’, is critical for retailers’ annual success.Consumer demand during this period may offset the year’s earlier retail downturn.Key events…
Ikea UK has experienced a 6.8% drop in sales during the latest financial year, attributed to strategic price reductions.The company invested over £117 million to prioritise…
Over two years, New Balance’s UK sales have more than doubled, with a significant profit increase.The UK division reported sales of £882.1m in 2023, rising from…
Amid a challenging start to fiscal 2025, Nike has retracted its annual forecast.Nike’s first-quarter revenues have fallen by 10%, prompting a strategic reconsideration.Consumer demand has waned…
The Works, a well-known arts and crafts retailer, grapples with decreased profits amidst soft consumer demand.The company’s earnings before interest, tax, depreciation, and amortisation dropped by…
A panel of experts at the Connected Travel Marketplace conference emphasises the necessity of adopting a ‘people-first’ approach to sustainability in the travel industry, with discussions…
Co-op introduces a new 24-hour grocery delivery service in key UK city stores, enhancing consumer convenience.This service will be available in Leeds, London, and Manchester, targeting…
Waitrose diversifies its premium Indian ready meal selection to include seven new offerings across main courses, sides, and snacks.There is a significant rise in demand for…
The rise of convenience stores is a notable trend in the retail industry.In the first half of 2024, there have been 85 new convenience store openings.Major…
