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BREAKING: JD Sports broke competition law with Leicester City price fixing

Retail Gazette

In August 2018, JD Sports agreed to stop selling Leicester City-branded clothing online for the 2018/19 season and in January 2019, agreed that it would not undercut the football club online by making the club’s merchandise exempt from its free online delivery for all orders over £70 offer. It was handed a near £1.5m

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Does Being “Left to Guess” Establish Standing for Injunctive Relief After TransUnion?

Hunton Andrews Kurth

In recent years, consumers filed a spate of class actions claiming that retailers misrepresented the retail price on discounted goods to mislead consumers into thinking they were obtaining a bargain. Kimberly-Clark Corp. , 3d 956 (9th Cir.

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Goat Group: 7 Things You Need to Know About its Strategy & Growth

Indigo 9 Digital

While you may have paid ten times the retail price for a rare pair of Jordans, not everything sold on Goat is at large markup to the retail price. 30% to 40% of the items sold on Goat are sold at a discount to the retail price. Expanding internationally is a big growth driver for us,” said Lu.

Apparel 97
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Exclusive Q&A: EY Defines 5 Post-Pandemic Consumer Segments

Retail TouchPoints

In 2018, Ernst & Young (EY) launched an ambitious project called FutureConsumer.Now , to model scenarios that would challenge present thinking about future consumers. They’re looking for the best deal and are probably going to use the web to do price shopping.

Consumer 278
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Why sales of fine jewellery during Covid defied expectations

Inside Retail

Mined-diamond giant De Beers launched its lab-grown diamond collection Lightbox in 2018, which include earrings, pendants, rings and bracelets. The retail price of a lab-created diamond is about a third of a mined diamond,” Lejla Charif, Pandora’s corporate press manager for Corporate Communications and Sustainability, told Inside Retail.

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Customer yeh, customer meh: Club Pret, H&M’s returns U-turn

Retail Gazette

The revamped and renamed subscription has seemingly done wonders for Pret’s bottom line, with the coffee chain returning to profitability for the first time since 2018 this year. True customer service is often simple – giving people what they want, at the right price and rewarding them for their loyalty.

Returns 69
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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. In 2018 retail giant H&M disclosed that they had $4.3