retailers
Top StoriesBritain’s JD sports extends nike ties with partnership deal
Top StoriesBoohoo says exposure to sterling plunge is limited – finance chief
Top StoriesCarrefour management increases offer in wage talks with unions
InvestingUK stocks close lower, hit by wall st selloff on inflation data
Spain’s retailers shun government proposal to freeze basic goods prices
Date: September 12, 2022
MADRID (Reuters) – Spain’s main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple basket to ease the pain of high inflation, calling on the government to lower taxes instead. The proposal, which sought an agreement with retailers to offer fresh products including fish,...
From free crumpets to store discounts, UK grocers lure workers
Date: September 12, 2022
By Richa Naidu LONDON (Reuters) – With job vacancies in Britain close to a record high, retailers including Tesco Plc have begun offering better perks to workers, enticing them with free food and essentials during a cost-of-living crisis. Britain’s labour market emerged from the pandemic with unemployment at its lowest levels since 1974 and record...
Carrefour unveils 30 euro shopping basket in spain after government price cut proposal
Date: September 8, 2022
MADRID (Reuters) – Supermarket chain Carrefour will sell Spanish consumers a basket of 30 basic goods for 30 euros, the company said on Wednesday, days after Spain announced it was considering asking big retailers to offer special price packages to mitigate inflation. The government’s announcement was met with criticism by Spanish business groups and some...
Interview with álvaro verdoy, founder & CEO of sales layer
Date: August 30, 2022
Q1: How will the investment expand Sales Layer’s services, offerings and technologies? Our team is continuing to develop our functionality and offerings across the Spanish, UK and US markets. Our Series B funding will enable us to develop our presence in the UK and US further, both for reaching new customers and growing our team....
Overcoming late payments and inflation with digital innovation
Date: August 25, 2022
By Bradlie Houldsworth, head of product at Remarkable Commerce Mastercard’s Strive Business Barometer report revealed around 1.5 million small and medium-sized (SME) retailers anticipate a loss of business due to the rising cost of living. With some consumers having less money to spend on non-essential items, retailers are understandably uncertain about what the future holds....
French retailer carrefour to freeze prices on 100 products to tackle inflation
Date: August 22, 2022
PARIS (Reuters) -French supermarket retailer Carrefour is freezing prices on 100 everyday products from tinned sardines to rice and washing up liquid, it said on Monday, joining other companies striving to help consumers cope with soaring inflation. The moves follow pressure from President Emmanuel Macron’s government for business to do more to curb rising prices....