Vinted brand strength could fuel second-hand growth beyond fashion
Vinted could be well placed to expand its second-hand marketplace beyond fashion, as new YouGov data shows the platform is outperforming traditional retailers on key brand metrics. The resale app has benefited from the growing popularity of second-ha...
M&S to open bigger Tottenham Court Road food store next week
M&S is set to open a new, larger food store on Tottenham Court Road next week as it continues to expand its London estate. The retailer will relocate from its existing store at 55 Tottenham Court Road to a new site at 15 to 17 Tottenham Court Road on...
Ocado shares surge after Asda ecommerce deal
Ocado Group shares jumped 12 per cent after Asda agreed to license its ecommerce software, handing the technology firm a much-needed boost after a difficult period with one of its key US partners. The rise came after Asda revealed plans to roll out O...
New data shows shoplifting offences are surging in parts of the UK
Shoplifting offences across areas such as the West Midlands have jumped 30 per cent over the past year, according to new data. Figures presented to the West Midlands Police and Crime Commissioner’s Accountability and Governance Board showed there wer...
OurCoop boss pay triples to £2.2m despite profit drop
OurCoop is facing criticism from members after its chief executive’s pay more than tripled to £2.2m, despite the mutual reporting a fall in sales and profits. The independent co-operative, which runs around 500 food stores across England, also did no...
Genesco sales rise despite Schuh decline
Genesco has reported a three per cent rise in first-quarter sales despite a decline at its UK footwear retailer Schuh. The Nashville-based group, which owns Journeys, Johnston & Murphy and Schuh , posted sales of $487m for the first quarter of fiscal...
GUEST COMMENT How to succeed in the era of agentic commerce
James Taylor, CEO and Founder, Particular Audience, offers advice to retailers looking to boost their retail media monetisation capabilities There’s a reason why Amazon is the world’s largest retailer. Anyone who has ever shopped there – and let’s fa...