Retail news worldwide | Page 7

An overview of news, trends and research in the Retail industry in all countries:

United States

US holiday retail sales growth to slow to 3% this year, says Bain report US retail sales growth is expected to slow to 3% this holiday season, according to Bain & Company’s annual US retail holiday forecast.
23 September 2024
United Kingdom

Project One helps FMCG player to improve PMO capabilities A Programme Management Office is a key part of the delivery function of an organisation with responsibility for overseeing and governing projects, standardising delivery approaches and practices and
20 September 2024
Middle East

How Argon helps luxury retailers with omnichannel strategy and operations Global consultancy Argon & Co has helped clients around the world break through with successful e-commerce and omnichannel strategies in the luxury retail space.
18 September 2024
United States

EY-Parthenon head Jeff Wray joins FTI Delta as senior managing director Jeff Wray, the former global leader of EY-Parthenon, has joined FTI Consulting’s strategy arm FTI Delta as a senior managing director and leader of the new consumer & retail industry practice.
17 September 2024
United Kingdom

Customer services leaders concerned by scaling difficulties for GenAI pilots Customer care leaders believe that Generative AI will soon be a defining feature of their sector, with four-in-five predicting their investments in the technology will increase.
17 September 2024
United Kingdom

Unilever and Accenture establish heightened GenAI productivity Unilever and Accenture have established a new industry standard in Generative AI productivity.
16 September 2024
Middle East

In the age of choice, brands must earn consumer loyalty In today’s competitive, fast-paced business environment rich with options, brands must not only attract consumers, but earn their loyalty, writes Johann Suchon, Senior Vice President Loyalty Solution
11 September 2024
United Kingdom

Consumers now less price-conscious, more value driven Following a sustained period of dwindling consumer spending power, cost-consciousness among UK consumers is finally falling.
10 September 2024
United Kingdom

Unilever working with PwC on divestment of premium skincare brands Fast-moving consumer goods giant Unilever has reportedly contacted PwC to help it slim its personal care portfolio.
04 September 2024
Middle East

UAE shoppers are bigger bargain hunters than their Saudi counterparts Shoppers in the United Arab Emirates are bigger bargain hunters than their counterparts in Saudi Arabia. That is according to research from NielsenIQ.
03 September 2024
Middle East

Akhom Consulting to promote El Corte Inglés among Spain and Portugal travellers Spanish luxury department store El Corte Inglés has appointed Akhom Consulting as its official representative in the Gulf Cooperation Council (GCC) countries.
30 August 2024
Egypt

JLL to manage large gold and beauty shopping mall in Cairo El Batal Developments has selected JLL to provide property management services for its Rock Gold Mall, the first gold and beauty mall in Cairo’s Fifth Settlement.
29 August 2024
Middle East

M&A advisors advise off-price retailer Brands For Less on mega deal with TJX UAE-based retailer Brands For Less has agreed to sell a 35% stake to The TJX Companies, in a $360 million deal that values the off-price retailer at $1.2 billion.
27 August 2024
Middle East

Regenerating historic city districts for retail and residents Historic districts of numerous Middle East cities are facing a decline, for reasons that span consumer preferences to competition from new built districts.
14 August 2024
Europe

AI can transform pricing strategy for promotions and markdowns In the retail industry, artificial intelligence (AI) can play a major role in helping retailers understand optimal pricing strategies, according to analysis from Metyis experts Arshiya Nagi, Arpit Gu
07 August 2024
Europe

European ecommerce sector shows strong growth, says FTI Consulting The ecommerce sector in Europe grew by 8% in 2023 and is projected to eclipse the €1 trillion barrier this year.
30 July 2024
United States

Persistent stressors have created 'resigned' consumer Recurring stress from political and economic insecurity have created “resigned” consumers, according to Kearney’s most recent Consumer Stress Index.
29 July 2024
Saudi Arabia

Saudi Arabia's grocery retail sector: A market in transition Saudi Arabia’s grocery retail sector has come a long way over the past years, but still has several steps to take in its evolution.
19 July 2024
United States

Grant Thornton names leaders for retail and manufacturing practices Grant Thornton US has appointed Lawrence Griff as head of the retail industry practice and Kelly Schindler as head of the manufacturing industry practice.
17 July 2024
India

E-commerce is redefining India's fast growing fashion market India’s e-commerce fashion market has grown by 10% to 12% in 2023, outshining growth in the broader fashion market, which grew by only around 6%.
13 July 2024

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