Shopping online will remain a focus for most UK consumers this year but priorities are shifting towards cost, convenience and choice, according to a new survey.
Online retail giant Amazon looks set to resolve its feud with credit card giant Visa over processing fees following a six-week who-will-blink-first standoff.
Ikea, the world's biggest furniture brand, said on Tuesday it was on track to become climate positive by 2030 as its annual carbon emissions fell 6% from pre-pandemic levels despite record sales.
It’s being heralded as a venture to "redefine how consumers use retail spaces". It’s called The Campus and is being developed to include pop-up retail, flexible workspace, and an urban food hall.
Early signs of the confidence shown by workers returning to their offices saw a boost for UK high street footfall in the latest week. Footfall across UK retail destinations rose 1.5%, according to Springboard.
Fortnum & Mason had a strong Christmas period, but its latest accounts for the year to last July also showed it swinging to a pre-tax loss for the first time since 2009.
Two key executives who helped to shape UK retail died in the last few days. Paul Myners was the former chairman of M&S and Landsec and John Sainsbury was the driving force behind the supermarket chain for 23 years.
Fashion, art, retail and technology are drawn together in a first-of-its-kind, multi-layered cultural collab featuring the work of artist Victor Vasarely and fashion house Paco Rabanne at Selfridges’ London store.
Year-on-year comparisons across the pandemic landscape can make interesting reading. That’s why UK online retail in 2021 recorded its worst-ever year for growth, but still managed a “rather good” performance.
M&S’s powerful recovery story continued over the Christmas period with the UK retail giant saying Thursday that constant currency sales rose 18.6% year-on-year and 8.9% compared to two years ago.
Online platforms that are precursors of the metaverse vision for the internet's future are already serving as workrooms to develop products destined for real-life sale.
UK supermarkets giant Sainsbury’s may have enjoyed a bumper Christmas trading for festive food and drink, but there was less cheer when it came to clothing.
Big appointment for Landsec. The UK commercial property giant has hired Remco Simon to the newly-created role of managing director – Strategy and Capital Markets. Effective immediately, the will report to CEO Mark Allan.
Very Group may have had a good Christmas trading period but it needs to up its game to compete with a major rival, analysts said.
Urban Outfitters Inc. reported on Tuesday double-digit revenue growth for the 2021 holiday season, compared to the same two-month period in 2019, driven by strong growth in the U.S. group's digital channel.
