Homebase, a prominent DIY and home improvement retailer, has entered administration, marking a significant transition in its business trajectory.The downfall began with Wesfarmers’ ill-fated acquisition, which…
UK retailers are turning to new revenue sources to ensure stability and growth.Uber is capitalising on advertising across its platforms to boost profit.Bloom & Wild is…
Recent trends in viral ‘shopping hauls’ contribute significantly to the rise in online returns, posing economic challenges for retailers.Social media platforms, notably TikTok, popularise ‘shopping hauls’…
Retail fraud in the UK resulted in significant financial losses, amounting to £11 billion in 2023. The fast evolution of criminal tools presents substantial challenges for…
UK retailers have responded to September’s adverse weather by implementing significant price reductions. This has led to the most notable deflation in shop prices since August…
Retailers across the UK have been prompted to adjust pricing strategies as a result of persistently wet weather throughout September, leading to a notable decline in…
Retail sales in the UK defied expectations by rising in August, despite declining consumer confidence. Unseasonably high sales in food and clothing contributed to this growth.The…
Bangladesh is experiencing a transformative period marked by significant political shifts. The appointment of Nobel Peace Prize winner Muhammad Yunus as the interim Prime Minister has…
Labour is resisting calls to close a tax loophole used by fast fashion giant Shein ahead of its planned London IPO.Some retailers and tax campaigners have…
