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Sainsbury’s boosts sales to hit highest market share since 2016

Retail Gazette

Sainsbury’s has reported its strongest start to the year with grocery sales up 5% in the 16 weeks to 21 June 2025, driving its highest market share since 2016.

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StockX Co-founder Promoted to CEO Job

Retail TouchPoints

Schwartz co-founded StockX, a platform for buyers and sellers of sneakers, apparel, electronics and collectibles, in 2016 with Dan Gilbert, Josh Luber and Chris Kaufman. Current CEO Scott Cutler, who was one of the company’s earliest investors and advisors, will step down but will remain through 2024 to help ensure a smooth transition.

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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Inside Retail

per cent drop in total quarterly revenue, according to Refinitiv – its steepest drop in third-quarter revenue since 2016. The post Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow appeared first on Inside Retail. per cent rise in the quarter ended March.

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Best Buy to Launch Third-Party Marketplace, Again

Retail TouchPoints

After shutting down its first attempt in 2016, the retailer is back eight years later with plans to launch a new online marketplace built on the Mirakl platform in summer 2025. Best Buy is giving a third-party marketplace another go.

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Wayfair COO Steps Down as Retailer Strengthens Internal Integration

Retail TouchPoints

As part of this shift, Wayfair will further integrate customer- and supplier-focused activities with supply chain capabilities under the leadership of current Chief Commercial Officer Jon Blotner, who joined Wayfair in 2016. “This integration will strengthen our decision-making and enhance our ability to lead in the market.”

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Starbucks Joins Data-Sharing Pact Aimed at Reducing Food Waste

Retail TouchPoints

Since 2016, the Starbucks Foodshare Program has diverted more than 75 million pounds of food from waste streams and donated more than 63 million meals. Starbucks is the second quick service restaurant (QSR) to join the Pact, joining Chick-fil-A and supermarket chains including Ahold Delhaize USA, Aldi U.S.,

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Designerex resumes trading amid ‘significant’ investor interest 

Inside Retail

Founded in 2016, Designerex allows customers to create accounts and list items for rent directly from the online checkout pages of participating brands. When entering administration in March, the company cited a legal dispute with a technology provider and said the process would allow it to minimise further disruption caused by the issue.

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