Aldi ditches plastic from wipes
March 4, 2022 8:13 amAldi has committed to removing single-use plastic from all its own-brand wipes by the summer as it look to reduce plastic waste. This will involve switching... View Article
General Merchandise News
Retailers pulling out of Russia
March 3, 2022 2:26 pmSANCTIONS: The mass exodus of retailers and brands cutting ties with Russia continues to grow as sanctions rack up over the invasion of the Ukraine. We... View Article
Amazon to close all book stores in US and UK
March 3, 2022 10:35 amAmazon is to close all of its physical book stores, 4-star shops and pop-up locations as it looks to revamp its bricks-and-mortar footprint. Operating 66 stores... View Article
Shop prices rise at fastest rate in over a decade
March 2, 2022 10:44 amNew figures have shown that shop price annual inflation accelerated to 1.8% in February from 1.5% in January to mark the highest rate since November 2011.... View Article
Music Magpie sees dip in full year sales
March 2, 2022 8:23 amMusic Magpie has posted a decline in full year sales after it returned to normal levels of trading following the impact of the Covid-19 pandemic. Group... View Article
Poundland acquires Poundshop.com to power national online rollout
March 1, 2022 9:16 amPoundland has acquired online discount retailer Poundshop.com for an undisclosed sum as it looks to power a national roll-out of its own pilot ecommerce operation. The... View Article
Zalando achieves faster than expected growth
March 1, 2022 8:34 amZalando has posted faster than expected growth in 2021 with gross merchandise volume up 34.1% to €14.3 billion and revenue up 29.7% to €10.4 billion after... View Article
Waterstones acquires Blackwell’s for undisclosed sum
March 1, 2022 8:33 amWaterstones has acquired family owned specialist bookseller Blackwell’s for an undisclosed sum through funds advised by Elliott Advisors. The move brings 143 years of family ownership... View Article
Mate makes UK debut in Seven Dials
February 28, 2022 8:11 amMate, the Danish lifestyle brand and e-bike retailer, has opened its first UK store in London’s Seven Dials. Situated at 72 Neal Street, the shop spans... View Article
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