retail

Jeff Bezos to Step Down as Amazon CEO This Year

February 3, 2021
The most high-profile CEO in the world will pare back his role at Amazon to focus on other ventures, including Blue Origin.
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‘Pandemic Winner’ Moonpig Soars on Stock Market Debut

February 2, 2021
The online card company that flourished during lockdown has achieved a valuation higher than its nearest rivals.
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Elon Musk Grills Robinhood CEO Over GameStop Fiasco

February 1, 2021
During an interview, Musk urged Vlad Tenev to “spill the beans” on the company’s decision to restrict trading last week.
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DPD Halts UK-EU Parcel Shipments Due to Customs Changes

January 8, 2021
The logistics giant joins a number of other UK companies struggling with the regulatory fallout of the Brexit deal.
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Billionaire Issa Brothers Bid for Caffè Nero

November 30, 2020
One month after securing joint ownership of Asda, the brothers have made a £6.8 billion offer for the struggling chain.
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The Rise of Cyber Monday and the Death of Retail

November 28, 2020
As one sales holiday ends, another begins.
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What an Online Black Friday Means for Business Owners

November 26, 2020
eCommerce is set to see a boom year like no other. The companies that have invested smartly in their supply chains will reap the biggest gains from the year's biggest sales event.
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Target Overcomes Retail Rivals With 21% Sales Leap

November 19, 2020
The company’s digital-first strategy let it surge beyond rivals Walmart and Kohl’s during the third quarter.
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Hut Group CEO to Receive £830 Million Share Bonus

November 17, 2020
Matthew Moulding’s stock windfall, thought to be the largest ever received by a UK CEO, follows a blockbuster IPO.
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Walmart Plans to Sell $1.6 Billion Stake in Seiyu

November 16, 2020
The sale of its 85% interest in the supermarket chain would almost completely divest Walmart’s interests in Japan.
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WHSmith to Shut Stores Following £280 Million Loss

November 12, 2020
The UK high street mainstay is looking to make permanent cutbacks to address its COVID-19 damages.
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Alibaba Generates $70.6 Billion in Singles’ Day Sales

November 11, 2020
The Chinese tech giant boasted eye-popping sales, but the event was overshadowed by looming anti-monopoly regulations.
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