UK fashion e-tail was stronger than ever in April, helped by sunshine and less of a squeeze on consumer incomes. E-tail benefitted more than physical stores as fundamental changes in the retail sector continued.
Britain’s online supermarket Ocado clinched a game-changing deal with Kroger as its exclusive partner in the U.S., securing its entry into the world’s biggest market and sending its shares up 50 percent.
CVAs are ‘the new black’ in the UK this year but it seems that while House of Fraser is-on trend in this respect, it might struggle to get its CVA through as landlords prove uniquely resistant to its plans.
U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
Amazon.com Inc is bringing its grocery store without checkout lines to Chicago and San Francisco, the company said in a statement this week, confirming reports it will expand the concept beyond its pilot in Seattle.