By Planet Retail2010-09-14T16:58:00+01:00
Grocer Coop Danmark’s subsidiary Irma has bought an 80% stake in online retailer Torvet.dk.
The purchase means it will be soon possible to buy Irma’s whole assortment online with delivery throughout the country.
Joules has upped its full-year profit forecast after hailing a “positive performance” across all its sales channels.
Retail sales increased last month as shoppers flocked back to bricks-and-mortar stores following reopening on April 12.
Morrisons has posted an uptick in sales as it looks forward to “a year of meaningful profit growth”.
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.
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