retail-trade
Top StoriesHeavy Winter Sweaters, Coats Pile up at Stores as Warm Weather Threatens Holiday Shopping Season
Top StoriesShopify Invests in Wholesale Platform Faire
Top StoriesMerchants Want Lower Fees, Need Amazon’s Ads as US Ftc Files Suit
Top StoriesFrench Shoppers Buy Fewer Tampons, Less Detergent as Prices Surge
UK’s Mothercare Says It Expects to Complete Refinancing Shortly
Date: September 22, 2023
UK’s Mothercare says it expects to complete refinancing shortly (Reuters) -Mothercare expects to complete a refinancing shortly and will remain in discussions with stakeholders and financing partners to ensure adequate financing, the British baby products retailer said on Friday. In May, the company started discussions with its lender to change, renegotiate or refinance its debt...
B&q Owner Kingfisher Cuts Profit Forecast as Poland, France Drag
Date: September 19, 2023
B&Q owner Kingfisher cuts profit forecast as Poland, France drag By Sarah Young LONDON (Reuters) -European home improvement retailer Kingfisher downgraded its annual profit forecast by 7% on Tuesday, after a drop in sales in Poland and France offset a pick-up in the UK and Ireland, sending its shares down 6%. Kingfisher, which owns B&Q...
British Retailer John Lewis Says Turnaround Delayed by Two Years
Date: September 14, 2023
British retailer John Lewis says turnaround delayed by two years By James Davey LONDON (Reuters) -John Lewis Partnership’s turnaround will take two years longer than planned and cost more money, the British retailer warned on Thursday, as stubborn inflation and rising interest rates batter shoppers and store groups alike. The employee-owned group, which runs John...
Zara Owner Inditex’s H1 Profit Climbs as It Eyes Growth Through Stable Prices
Date: September 13, 2023
Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compared to a year ago, even as the world’s biggest fashion company slowed the pace of price increases to...
All of UK Retailer Wilko’s Stores to Shut, Risking 12,500 Jobs
Date: September 11, 2023
All of UK retailer Wilko’s stores to shut, risking 12,500 jobs LONDON (Reuters) -Failed retailer Wilko will disappear from British high streets next month, as its entire chain of 400 homeware stores close, with the likely loss of all 12,500 jobs, a trade union said on Monday. The GMB union said, citing Wilko’s administrators, that...
Selling on Amazon in 2023
Date: September 7, 2023
Selling on Amazon in 2023 Introduction In recent years, selling on Amazon has become a lucrative endeavor for individuals and businesses alike. With the rise of e-commerce and changing consumer behaviors, Amazon has established itself as a dominant platform for online shopping. If you’re considering entering the world of Amazon selling in 2023, it’s important...