retail-trade
Top StoriesSummertime Blues? UK Shoppers Splash Out as Heat-Wave Hits – Brc
Top StoriesAlexa! Start My Roomba: Amazon Buys Robot Vacuum Maker for $1.7 Billion
Top StoriesWomen’s Soccer Gear in Demand After Historic England Win
Top StoriesHeatwaves and High Energy Prices Leave Spain on Thin Ice
British ‘store Cupboard Classics’ Get a Makeover – as Ice Cream
Date: August 5, 2022
By Natalie Thomas LONDON (Reuters) – Ever wondered what baked bean ice cream tastes like? Londoners basking under Britain’s hottest ever summer are getting the chance to find out, and sample a range of other flavours more readily associated with savoury winter dishes – including porridge oats and HP sauce. “There’s lots of weird flavours...
Preparing Your Logistics Strategy for the 2022 Holiday Season
Date: August 3, 2022
By Andrew Scargill, Logistics Manager, EMEA at Digital River For retailers, Christmas is the hot topic for summer as preparations for the biggest buying season are well underway during these summer months. After two years of Covid-induced disruptions, unfortunately, retailers are not yet out of the storm. Inflation, fears of a recession and supply chain disruption have continued...
America’s Biggest Warehouse Is Running Out of Room. It’s About to Get Worse
Date: August 2, 2022
By Lisa Baertlein SAN BERNARDINO, Calif. (Reuters) – America’s largest warehouse market is full as major U.S. retailers warn of slowing sales of the clothing, electronics, furniture and other goods that have packed the distribution centers east of Los Angeles. The merchandise keeps flooding in from across the Pacific, and for one of the busiest...
Stephen King Goes to Bat for U.S. Gov’t in Case Against Book Publishing Mega-Merger
Date: August 1, 2022
By Diane Bartz WASHINGTON (Reuters) – The U.S. Justice Department will ask a federal judge on Monday to block a $2.2 billion merger of two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King. Also on Monday,...
Tide Maker P&g Misses Earnings, Forecasts Lower Growth as Consumers ‘scrimp’
Date: July 29, 2022
By Uday Sampath Kumar and Jessica DiNapoli (Reuters) -Procter & Gamble Co delivered quarterly earnings that missed estimates on Friday and forecast lower sales growth, citing surging transportation and commodity costs, consumer cutbacks and retailer reluctance to hike prices. P&G shares fell as much as 6% in the morning as the company missed quarterly earnings...
How the Other Half Lives: Luxury Companies Thrive
Date: July 29, 2022
By Richa Naidu, Lucy Raitano and Mimosa Spencer LONDON/PARIS (Reuters) – While millions are fretting whether they can afford another $1,000 on energy this year, others are still splashing out on $10,000 Hermes handbags as soaring prices leave wealthier people relatively unscathed. A string of consumer companies, from spirits group Diageo to Birkin bag maker...