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Carrefour sells Italian supermarkets to NewPrinces for €1 billion

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The Big Question

The Big Question: Is Amazon good for Europe’s economy?

Amazon VP Mariangela Marseglia discusses ‘The Everything Store’ and the major trends hitting the retail industry right now.

Economy

US retail sales surge as consumers rush to beat tariff deadlines

The rise in sales was largely driven by car purchases as consumers sought to get ahead of tariffs.

Business

Primark boss steps down over inappropriate behaviour allegation

Paul Marchant “acknowledged his error of judgement”, said Primark owner Associated British Foods on Monday.

Business

Retailer WH Smith to be wiped off UK high streets soon following sale

This move comes as a fresh blow to the UK high street, which has been struggling to recover from the pandemic, witnessing a number of big name closures such as Debenhams.

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Economy

The UK’s economy grew marginally last year, sees surprise revision

The UK’s services sector boosted GDP in the final quarter, seeing a lift from human health activities and social work. The construction industry also contributed positively to GDP during the fourth quarter of 2024.

Business

Next posts strong growth amid ongoing economic struggles in the UK

Although Next recorded impressive yearly results, other clothing retailers such as H&M continued to struggle as UK consumers remain cautious in their spending.

Economy

German manufacturing woes continue to keep unemployment rate high

German unemployment stayed at the highest level since October 2020, as concerns about deindustrialisation and weaker demand continued to weigh on the economy.

Economy

UK retail sales sharply rebound in January beating expectations

Increasing retail sales in January and improving consumer confidence in February could point towards more optimism in the UK economy, however, concerns persist about slow economic growth and the threat of US tariffs.

Serbia

Serbia joins supermarket boycott

Serbia is the latest to join the boycott, a trend that started in Croatia and quickly caught on in other Western Balkan countries.

Business

Shein’s London listing at risk as Trump plans US tax changes

Shein and other fast fashion companies could be heavily impacted by new tax changes in the US, which could close a key loophole vital for their business models.

Economy

Eurozone retail trade shows tepid growth after prior drop in October

The final quarter of last year was disappointing for retailers in the eurozone, with little reprieve forecasted for 2025.

The Big Question

Bye bye barcodes: QR codes could help reduce retail waste by 50%

More barcodes are scanned each day than searches on Google. But they won’t be around for much longer, here’s what’s coming next.

Economy

Spanish retail sales grow at slowest pace since June 2024

Although falling spending on both food and non-food items has contributed heavily to this dampened figure in November, Spain still saw strong consumer goods spending in the third quarter of the year.

Economy

UK retailers fear the worst as shoppers shun Boxing Day sales

The traditional Boxing Day sales in the UK experienced lower footfall than in 2023, partly because of the rise of online shopping and deals. Several major retailers also remained closed on the day.

Green News

A true Black Friday? Amazon’s whistleblower workers fight for climate

Amazon workers in 20 countries are on strike today over the company's drive to increase overconsumption.

Business

Boohoo boss to step down as online fashion retailer considers break-up

The online fashion retailer has seen revenue plummet as it faces competition from the likes of Shein and Temu.

Green News

Has Shein misled customers with its environmental claims?

The Chinese fast fashion giant is being investigated in Italy over its sustainability claims.

Business

Eurozone retail sales rebound as euro strengthens against US dollar

Eurozone retail sales rose by 0.1% in July, rebounding from a June decline. The euro strengthened to 1.11 against the dollar, driven by US Fed rate cut speculation ahead of Friday's jobs report.

Business

Kurt Geiger urges Labour to bring back tax-free shopping for tourists

The UK government stopped tax-free shopping for tourists in January 2021, following the country's decision to leave the European Union and as it tried to tackle the country's parlous financial state.

Business

Ocado is first major supermarket to trial refillable packaging

The online grocer has worked closely with The Refill Coalition to design and implement the refilling and collection processes for the products.