By Planet Retail2010-11-18T16:40:00+00:00
Ahold-controlled Nordic retailer ICA has announced that net sales grew by 0.2% to SEK23.5bn (£2.1bn) in the third quarter to the end of September, while operating income grew 0.4% to SEK940m (£84.9m). Net income for the third quarter was up 9% to SEK644m (£58.2m).
With consumers across the board feeling the pinch of rising prices, retailers should remember that value for money need not mean cheap, writes George MacDonald
Retail subscription boxes across categories were one of the big winners in the first year of the pandemic, but many expected their popularity to fall away. Retail Week looks at how these services have adapted to changing customer behaviours
Iceland has vowed to freeze the price of more than 60 of its £1 value lines to ease the cost-of-living crunch piling pressure on its customers.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
Site powered by Webvision Cloud