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Top StoriesMorrisons’ McColl’s Store Sale Paves Way for Deal Clearance
Business8 Trends Shaping the Next Chapter of Retail Digital Commerce
Top StoriesGerman Retail Sales, Industrial Output Fall as Inflation Tightens Grip
Top StoriesGerman Retail Sales Dip More Than Forecast in August
Britons Stockpile Thermal Underwear to Fight Rising Heating Bills
Date: October 6, 2022
LONDON (Reuters) – British shoppers are stockpiling thermal underwear, gloves and dressing gowns to help them fight the cold this winter as they try to avoid turning up the thermostat to save money. Sales of hooded blankets, onesies, thermals, dressing gowns and slippers have soared in recent weeks according to John Lewis, Britain’s biggest department...
London Stocks Slide After Three-Day Rally; Tesco Falls on Forecast Cut
Date: October 5, 2022
By Johann M Cherian (Reuters) – UK shares snapped a three-session winning streak on Wednesday, dragged down by financials and miners, while Tesco’s profit forecast fanned worries of a worsening cost-of-living crisis in Britain and rattled the retail sector. The export-oriented FTSE 100 was off 1.1%, while the more domestically oriented FTSE 250 was down...
Keep Your PSPs Close, and Your Fraud Prevention Partners Closer
Date: September 30, 2022
By Aaron Begner, EMEA General Manager, Forter The payments ecosystem is increasingly dynamic and so too is the fraud landscape that threatens it. The UK is the second-largest country for online transactions in 2022; this is set to continue, despite ongoing global supply chain issues and inflationary pressure. At the same time, this increase in...
Pizza Group Dp Eurasia Sharpens Turkish Focus as Russia Risk High
Date: September 30, 2022
By Federica Mileo and Valentine Baldassari (Reuters) – DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, said on Friday the group would focus on its Turkish market and growing its coffee business, as Western sanctions and the uncertainty of war overshadow Russian sales. “The Turkish market has been growing faster than...
Lindt Wins Chocolate Bunny Battle in Swiss Court
Date: September 30, 2022
ZURICH (Reuters) – Lindt & Spruengli’s foil-wrapped chocolate bunnies deserve protection from copycat products, Switzerland’s highest court ruled on Thursday, and ordered German discounter Lidl to stop selling a similar product in Switzerland and to destroy its remaining stock. Surveys submitted by Lindt showed Lindt’s Easter bunny was well known to the public, the Federal...
H&m to Cut Costs as Profits Hit by Inflation, Cautious Shoppers
Date: September 29, 2022
By Anna Ringstrom STOCKHOLM (Reuters) – H&M, the world’s No.2 fashion retailer, launched a 2 billion Swedish crown ($177 million) cost savings drive on Thursday after reporting weaker-than-expected profits due to soaring input costs, slowing consumer spending and its exit from Russia. In Europe, where H&M does the bulk of its business, the Ukraine conflict,...