Expansion

Today’s news in brief-25/1/24

Halfords reported that its Q3 total revenues were up 1.6%, with a 2.0% increase on a like-for-like basis. However, December…

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JD.com partners with Evri on European brand expansion in China

Chinese marketplace JD.com has announced a partnership with Evri in its effort to offer European brands more access to its…

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Today’s news in brief-24/1/24

The Chair of B&M, Peter Bamford, has confirmed his retirement this calendar year after serving in the role since March…

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Aldi to create 500 apprenticeship roles in 2024

Aldi has revealed it is looking to recruit over 500 new apprentices across the UK in 2024. The supermarket has…

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Morrisons nears £2.5bn sale of forecourt business

Morrisons is reportedly close to agreeing a deal to sell its forecourts business to Motor Fuel Group (MFG) in a…

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Today’s news in brief-19/1/24

In December 2023, the Office for National Statistics (ONS) reported a significant 3.2% drop in retail sales volumes in the…

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Diversifying revenue streams: A strategic imperative for retailers

The COVID-19 pandemic highlighted the vulnerability of businesses that depended solely on physical retail. Diversification provides a safety net during…

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Superdrug sales rise 9.2% in December

Superdrug has experienced a strong Christmas trading period, as total sales rose 9.2% in the four weeks ended 30 December…

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WCF Ltd acquires Bella di Notte

Mail-order clothing firm WCF Ltd has acquired a North Yorkshire-based lingerie and clothing firm Bella di Notte as part of…

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Which supermarkets performed the best over Christmas?

According to data from Kantar, Britons made 488 million trips to the supermarkets over the Christmas period, marked out as…

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