Retail


 Why Asda May Be Facing A Multi-Million Payout After Losing Equal Pay Case  

Why Asda May Be Facing A Multi-Million Payout After Losing Equal Pay...

March 27, 2021 02:41 AM AEDT | By Suhita Poddar

Source: Makistock, Shutterstock Summary UK-based supermarket Asda has lost the latest appeal in an equal pay case for retail staff, mostly women...

 Feb Retail Sales Recover Slightly, Lens On 3 Diversified Retail Stocks

Feb Retail Sales Recover Slightly, Lens On 3 Diversified Retail Stoc...

March 26, 2021 10:29 PM AEDT | By Abhijeet

Source: PattyPhoto, Shutterstock Summary Retail sale volume online and offline rose 2.1 per cent in the month of February. The recovery was dri...

 Why Retailers Are Seeking A Permanent Rate Cut Despite Another £1.5-Bn Relief Package

Why Retailers Are Seeking A Permanent Rate Cut Despite Another £1.5-...

March 26, 2021 07:38 PM AEDT | By Suhita Poddar

Source: Pcess609, Shutterstock  Summary The UK Treasury announced an additional business rates relief worth up to £1.5 billion on 25...

 2 FTSE 100 Supermarket Stocks in Focus After Asda Switches to Reusable Bags

2 FTSE 100 Supermarket Stocks in Focus After Asda Switches to Reusab...

March 20, 2021 05:20 AM AEDT | By Suhita Poddar

Source: Lizardflms, Shutterstock Summary UK-based supermarket chain Asda said it will remove over 100 million single-use plastic bags from its s...

 Thorntons to Shut All 61 Stores. How Other UK Retailers Are Planning to Survive

Thorntons to Shut All 61 Stores. How Other UK Retailers Are Planning...

March 16, 2021 08:55 PM AEDT | By Suhita Poddar

Source: limpido, Shutterstock Summary Chocolate maker Thorntons announced it would shut down all the 61 stores. The brand would be available fo...

 3 FTSE Fashion Stocks Expected to Perform Better Than Market Expectations

3 FTSE Fashion Stocks Expected to Perform Better Than Market Expecta...

March 15, 2021 07:46 PM AEDT | By Abhijeet

Source: Rawpixel.com, Shutterstock Summary Burberry Group Plc announced that it had seen a rebound in sales since December. Sales from retail s...

 3 FTSE High Street Retail Stocks to Look at After John Lewis Announces Shop Closures

3 FTSE High Street Retail Stocks to Look at After John Lewis Announc...

March 12, 2021 02:23 AM AEDT | By Suhita Poddar

Source: AlenKadr, Shutterstock Summary UK-based high-end department store John Lewis said it may have to close more stores after reporting a rec...

 UK supermarket stocks to explore after online grocery market share touches 17%

UK supermarket stocks to explore after online grocery market share t...

March 10, 2021 01:22 AM AEDT | By Team Kalkine Media

Source: KucherAV, Shutterstock Summary UK shoppers spent £1.5 billion on groceries online for the four-week period ending 27 February, as...

 Barclaycard consumer spending survey and retail stocks in focus

Barclaycard consumer spending survey and retail stocks in focus

March 09, 2021 09:17 PM AEDT | By Team Kalkine Media

Source: hxdbzxy, Shutterstock Summary Consumer spending in February dropped 13.8 per cent as compared to the same month in 2020. Expenditure on...

 Deliveroo’s hotly anticipated IPO kicks off in London

Deliveroo’s hotly anticipated IPO kicks off in London

March 09, 2021 01:00 AM AEDT | By Team Kalkine Media

Source: giggsy25, Shutterstock Summary The food delivery company launched its London IPO on Monday, 8 March, after recording narrower losses dur...

 How Sunak’s Amazon Tax Plan Will Impact the Online Retail Stocks

How Sunak’s Amazon Tax Plan Will Impact the Online Retail Stocks

March 08, 2021 09:47 PM AEDT | By Suhita Poddar

Source: William Potter, Shutterstock Summary UK Finance Minister Rishi Sunak is said to be garnering support from his G7 finance minister counte...

 Government asks Boohoo (LON: BOO) to link senior staff bonuses to its climate goals

Government asks Boohoo (LON: BOO) to link senior staff bonuses to it...

March 05, 2021 09:23 PM AEDT | By Team Kalkine Media

Source: William Potter, Shutterstock Summary The EAC committee has asked the company to link its remuneration incentives to environment and sust...

 Why Amazon opened a just walk-out store in the UK

Why Amazon opened a just walk-out store in the UK

March 05, 2021 08:33 PM AEDT | By Suhita Poddar

Source: Nopparat Khokthong, Shutterstock Summary e-commerce giant Amazon opened its Amazon Fresh grocery store in Ealing, West London, without t...

 Budget 2021: How Can the Contactless Limit Increase Help the Retail Sector?

Budget 2021: How Can the Contactless Limit Increase Help the Retail...

March 04, 2021 08:01 PM AEDT | By Suhita Poddar

Source: Freedomz, Shutterstock Summary British Finance Minister Rishi Sunak announced an increase on the contactless payment limit from £4...

 What Does the Latest Kantar Analysis Say About UK’s Online Shopping Trends?

What Does the Latest Kantar Analysis Say About UK’s Online Shopping...

March 03, 2021 09:39 PM AEDT | By Suhita Poddar

Source: William Potter, Shutterstock Summary Kantar said online grocery sales accounted for a record 15.4 per cent of market share in the four w...

 How Boohoo’s shares dropped by over 4 per cent over US ban concerns 

How Boohoo’s shares dropped by over 4 per cent over US ban concerns 

March 02, 2021 10:24 PM AEDT | By Suhita Poddar

Source: Siyanight, Shutterstock Summary UK-based online clothing company Boohoo’s share prices fell sharply on Tuesday. US-based charity...

 Is the £5-bn scheme for high street recovery in Budget 2021 enough? 

Is the £5-bn scheme for high street recovery in Budget 2021 enough? 

March 01, 2021 08:04 PM AEDT | By Team Kalkine Media

Source: TheCorgi, Shutterstock Summary The UK government has announced a £5-billion scheme for high street recovery. The scheme is e...

 Why Ikea's UK annual sales dropped by 10% in 2020

Why Ikea's UK annual sales dropped by 10% in 2020

February 25, 2021 11:25 PM AEDT | By Team Kalkine Media

  Sweden-based furniture retail giant Ikea reported a dip in its total UK annual sales by 10.2 per cent due t...

 Why the UK’s Fashion and Textile Industry Is Bleeding

Why the UK’s Fashion and Textile Industry Is Bleeding

February 20, 2021 03:11 PM AEDT | By Kunal Sawhney

Summary Covid-19 disrupted the supply chains and cash flows of suppliers to big fashion brands. A study has found most working women who died from...

 How Dunelm generated high profits in H1 2021

How Dunelm generated high profits in H1 2021

February 11, 2021 01:01 AM AEDT | By Kunal Sawhney

Summary The FTSE 250-listed stock has observed huge growth in sales and profits for the first half of FY2021. Despite the second lockdow...

AI on the Rise: A Look at Top AI Companies and Their Stocks

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