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Retail

Supermarket retailer Ahold shelves plan to spin off Bol.com

Supermarket retailer Ahold shelves plan to spin off Bol.com

Supermarket major Ahold Delhaize said on Wednesday it was postponing plans for an IPO of its non-food retailer, Bol.com, because of unfavourable market conditions.The group had planned to list Bol.
Fashion
Retail
UK shoppers surprisingly ready to spend during heatwave, fashion stays strong

UK shoppers surprisingly ready to spend during heatwave, fashion stays strong

Hot weather drove Britons to buy summer fashion, as well as outdoor goods, in July. But they also reined-in spending on foreign travel and eating out as the cost-of-living squeeze made itself felt, two surveys show.
Fashion
Retail

Shopify merchant growth falters as weak consumer spending hits businesses

​Businesses stung by rising costs and lower consumer spending are shying away from Shopify's platform, creating a roadblock in its plan to fix past missteps in overestimating e-commerce demand.
Fashion
Retail

Abercrombie & Fitch reveals new "getaway-inspired" store design concept

​Abercrombie & Fitch on August 8 announced a “refreshing new store experience inspired by the brand’s intention of making every day feel as exceptional as the start of a long weekend”. 
Fashion
Retail