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Affordability key to Pep&Co growth in childrenswear market, says GlobalData

Pep&Co has decided to pilot a wider range of its value children’s clothing in 50 stores, a move that will appeal greatly to consumers. According to a survey conducted by leading data and analytics company GlobalData, 52 pc of...

UK biggest retailer Tesco axes 4,500 supermarket jobs

Supermarket giant Tesco said Monday it is to axe about 4,500 jobs across its city-centre UK stores to slash costs. Tesco, which is Britain's biggest retailer, will carry out a reduction of around 4,500 colleagues as the group experiences...

Report: Walmart outlines strategy for combating discounters

At the Bank of America Merrill Lynch 2017 Consumer & Retail Technology Conference, Walmart offered insight into its strategy for competing with Aldi and Lidl. Walmart CEO, Doug McMillon summed up the plan as finding disadvantages the discounters have...

Aldi, Lidl and Waitrose power ahead

Discounters Aldi and Lidl and posh grocer Waitrose are powering ahead of their mid-market rivals.New sales data from Kantar Worldpanel for the most recent 12 weeks shows the so-called "hard discounters" chalking up sales growth of 15.4 per cent...

Lidl to replace its POS software; partners with GK Software

Lidl, a European discount supermarket chain of German origin, has undertaken a revamp exercise for its point of sale (POS) software and other store systems across its stores in 20 countries and has partnered with German software provider GK...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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