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BusinessTransforming Retail: How Business Intelligence Is Shaping Success in the UK
Top StoriesUK Supermarket Sales Rise 5.4%, Niq Market Researcher Says
Top StoriesUK’s Topps Tiles Flags Persistent Weak Demand in 2024 After Lower H1 Volumes
Top StoriesUK Shop Prices Rise at Slowest Pace Since December 2021
Hershey, Mondelez Bet Big on Easter as Cocoa Price Crisis Looms
Date: March 29, 2024
Hershey, Mondelez bet big on Easter as cocoa price crisis looms (This March 26 story has been refiled to correct the data source to ‘NielsenIQ’ from ‘Nielsen’ in paragraph 23) By Jessica DiNapoli, Maytaal Angel and Richa Naidu NEW YORK/LONDON (Reuters) – Hershey, Mondelez and other confection-makers are employing promotions and pitching more non-chocolate Easter...
Jd Sports’ January Sales Fall in ‘challenging’ Market
Date: March 28, 2024
JD Sports’ January sales fall in ‘challenging’ market LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1%. The retailer, which sells Nike, Adidas and other sports fashion ranges, said its pretax profit for the year to Feb. 4...
UK’s Asos Posts 18% Drop in First-Half Sales
Date: March 26, 2024
UK’s ASOS posts 18% drop in first-half sales LONDON (Reuters) – Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet guidance for sales to decline by 5-15% over the full-year, as its plan to revive the business takes shape. Since the pandemic...
Home Improvement Retailer Kingfisher Warns on Profit Outlook
Date: March 25, 2024
Home improvement retailer Kingfisher warns on profit outlook LONDON (Reuters) -European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analysts’ expectations after it reported a 25% drop for 2023-24. “In the short term, while repairs, maintenance and renovation activity on existing homes continue to support resilient demand, we are...
Augmented Reality in Retail Market to Hit $ 75.8 Billion by 2030: Verified Market Reports
Date: March 5, 2024
Augmented reality in Retail Market to hit $ 75.8 billion by 2030: Verified Market Reports The Global Augmented Reality In Retail Market size was valued at USD 13.4 Billion in 2023 and is projected to reach USD 75.8 Billion by 2030, growing at a CAGR of 22.5% during the forecasted period 2024 to 2030. The...
Luxury Eyewear Market Eyes Growth in 2024
Date: February 12, 2024
Luxury Eyewear Market Eyes Growth in 2024 Luxury brands, once exclusively associated with their towering brick-and-mortar locations, are now deriving most of their sales online. According to Insider Intelligence, worldwide personal luxury sales are set to grow from $415.4 billion in 2023 to half a trillion by 2027. During this time, the industry’s largest markets, namely...