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UncategorizedNestle Misses Nine-Month Sales Estimates, Expects Volume Upturn by Year-End
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Top StoriesBritain’s Sainsbury’s to Recruit 22,000 Workers for Christmas Season
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How Marketplaces Provide Technology Ecosystems for International Sales Strategies
Date: October 5, 2023
How marketplaces provide technology ecosystems for international sales strategies By Tony Preedy, managing director at Fruugo For retailers wishing to bolster their sales intake and grow their business, marketing products overseas is a highly effective way of doing so. Expanding their reach beyond their borders can be a powerful protection against decreased demand at home....

Jewellery Retailer Pandora Raises Growth Targets, Shares Jump
Date: October 5, 2023
Jewellery retailer Pandora raises growth targets, shares jump By Helen Reid LONDON (Reuters) -Jewellery retailer Pandora raised its growth targets on Thursday, saying investments in the brand and store network were paying off, although it sounded a note of caution on China. Pandora’s shares jumped 5.9% in early trading after the company gave its updated...

Birkenstock the Latest Shoe IPO to Drop in a Tough Market
Date: October 5, 2023
Birkenstock the latest shoe IPO to drop in a tough market By Ananya Mariam Rajesh and Helen Reid (Reuters) – Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost of living crisis, investors and analysts said before it...

Britain’s Tesco Upgrades Outlook as Inflation Eases
Date: October 4, 2023
Britain’s Tesco upgrades outlook as inflation eases LONDON (Reuters) -Tesco, Britain’s biggest supermarket, upgraded its annual profit guidance on Wednesday as food inflation eased and shoppers snapped up both its low price offers and its premium “Finest” ranges. British food prices fell in September for the first time in more than two years in month-on-month...

UK’s Greggs Shows Resilience With Quarterly Sales Rise
Date: October 3, 2023
UK’s Greggs shows resilience with quarterly sales rise LONDON (Reuters) -British baker and fast food chain Greggs kept its full-year outlook as underlying sales rose in the third quarter and it won market share, showing the resilience of its value offer in a cost of living crisis now into a second year. Greggs also said...

UK Shop Price Inflation at Lowest in a Year – Brc
Date: October 3, 2023
UK shop price inflation at lowest in a year – BRC LONDON (Reuters) – Prices in British store chains rose at the slowest pace in a year in September, according to industry data that adds to signs that the UK’s high inflation rate is set to extend its recent fall. The British Retail Consortium said...
