Retail
UK Supermarket Sector Faces Fresh Merger Pressure as Asda and Morrisons Struggle
Britain’s supermarket industry is facing renewed pressure to consolidate, with Asda and Morrisons emerging as potential takeover targets as intense competition and heavy...
Warmer Summers Force Fashion Industry to Rethink Winter Sales
Longer and hotter summers are disrupting the fashion industry’s traditional seasonal cycle, forcing luxury brands to adapt their designs and putting sales of...
Nike’s Struggles Test Investor Confidence in CEO Elliott Hill’s Turnaround
Nike’s market value and earnings have fallen sharply since Hill returned to the company in October 2024. On Thursday, the sportswear giant announced...
UPS Signs Exclusive TikTok Shop Deal to Handle Label-Free Returns
United Parcel Service has signed an exclusive agreement with TikTok Shop to manage label-free returns for US customers, expanding the delivery company's role...
UPS and TikTok Shop Team Up to Simplify Online Returns
UPS is expanding its presence in the fast-growing social-commerce market through a new exclusive partnership with TikTok Shop that will allow eligible customers...
Amazon Plans $3 Billion Investment to Expand Quick-Commerce Business in India
Amazon plans to invest $3 billion in India’s quick-commerce business by 2030, according to two people familiar with the company’s plans, marking its...
Next Raises Profit Forecast Again After Strong Summer Sales
By Benson Daniel British fashion and homeware retailer Next has raised its full-year profit forecast for the fourth time this year after warmer-than-expected...
UK Fish and Chip Shops Under Pressure as Costs and Changing Tastes Squeeze Businesses
By Benson Daniel Britain’s traditional fish and chip shops are facing a difficult period as rising operating costs, expensive fish supplies and changing...
