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Ordering groceries on our phones has become second nature to many of us thanks to the likes of Tescos Whoosh, Deliveroo and Uber Eats. That said, it may come as some surprise that more and more consumers are also using platforms such as TikTok Shop to stock their fridges and pantries. At least one product that you could also buy in a supermarket is now sold every minute on the platform, with TikTok reporting its grocery sales are up 180% year-on-year.
Coles says its third-quarter revenue was up 3.7 per cent, from $9.065 billion to $9.4 billion this year, citing volume growth and its value offering resonating with value-conscious consumers. E-commerce sales increased by 25.7 per cent to $1.1 billion during this period with an 11.3 per cent increase in penetration. Sales revenue for products exclusive to Coles saw a 4.5 per cent increase to $3.2 billion, with the Coles Finest range recording a revenue growth of 13.7 per cent.
A hacking group called Scattered Spider has been named in connection with the ongoing M&S cyberattack. The hackers carried out a ransomware attack on M&S’s IT network, according to an unverified report from cybersecurity website Bleeping Computer. Criminal gangs can typically demand for up to 10m to reinstate access, industry sources have indicated.
Its been a tough few years for hospitality. Some say its going to remain tough for a while yet. Anecdotally, a local cafe owner with four venues told me that hed need to charge A$12.95 to break even on a Sunday cup of coffee. Clearly, he wont: Customers wont wear that. Like many other hospitality venue owners, hes absorbing higher business costs to continue to remain competitive.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
IKEA is set to open its Oxford Street store to the public on Thursday 1 May, marking a significant new chapter in its UK presence. Located at 214 Oxford Street, the new outlet occupies three floors of the former Topshop building and forms part of IKEAs growing strategy to establish smaller, centrally located stores in high-footfall areas. The store is designed to cater specifically to the needs of urban residents.
Beales is holding a Rachel Reeves closing down sale as it winds down the business after more than 140 years. The department store chain, which first opened in Bournemouth in 1881, is closing its remaining shop in Pooles Dolphin Centre at the end of May. Chief executive Tony Brown told The Telegraph that the increases to employers National Insurance contributions and minimum wage announced in Labours first fiscal Budget last year meant the business had become unviable.
Beales is holding a Rachel Reeves closing down sale as it winds down the business after more than 140 years. The department store chain, which first opened in Bournemouth in 1881, is closing its remaining shop in Pooles Dolphin Centre at the end of May. Chief executive Tony Brown told The Telegraph that the increases to employers National Insurance contributions and minimum wage announced in Labours first fiscal Budget last year meant the business had become unviable.
Second-hand marketplace Vinted has a reported sharp rise in revenue and profits for 2024, fuelled by growing consumer appetite for affordable pre-owned goods and ongoing expansion across Europe. The Lithuanian-based business posted a net profit of 76.7m, up from 17.8m the previous year, as sales climbed 36% to 813.4m. Adjusted EBITDA also more than doubled to 158.9m.
Asda is slashing the price of its kids eat for 1 caf meal deal to mark the start of its 60th birthday celebrations. The supermarket is cutting the price to 60p from the 1 May to 31 May, with the initiative available across 205 Asda cafes over the month. The deal means a family with four children can receive a hot meal for less than 2.50. There are more than nine different meals for shoppers to choose from, including penna pasta with meatballs, chicken nuggets, fish fingers and Margherita pizza.
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Retail Assist is proud to announce its strategic partnership with Patchworks , the leading Integration Platform as a Service (iPaaS) provider. The collaboration brings together two best-in-class technology providers, empowering retailers to simplify their tech stack, unlock real-time visibility and scale with confidence across multiple channels. At the heart of the partnership lies Retail Assists flagship ERP solution, Merret Pro - a centralised platform built to optimise inventory, orders and f
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Unified security intelligence, streamlined workflows, and real-time threat monitoring. Discover the ECSS Learning Path, your fast track to leverage the full potential of Splunk on Cisco.
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
So you dont have to These five words are powerful, and whether or not customers realize it, they love them. Think about what makes certain companies stand out from their competitors. Is it their product? Is it price? These matter, but as Ive been preaching for decades, the differentiator is the customer experience. And specifically, the experience I want to focus on in this article is convenience.
Canton, Ohio Chapel Hill, North Carolina-based Prudent Growth Partners has acquired Whipple Bradley Plaza, a 20,751-square-foot shopping center located in Canton, for $2.7 million. Built in 1999, the center… The post Prudent Growth Partners Acquires 20,751-Square-Foot Shopping Center in Canton, Ohio appeared first on Shopping Center Business.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Gymshark has placed almost 300 jobs at risk as part of a business-wide restructure. The gymwear specialist has entered a consultation with 296 employees – almost a third of its workforce, Retail Week reported. It blamed intense macroeconomic volatility on the restructure, which it said was essential to weather the storm and drive growth. Gymsharksaid it will “at the same time” create 168 new roles to “help drive future growth” It comes as the brand reported “r
Burberry has kicked off the recruitment process to hire a new chair. The luxury fashion brand is working with headhunters to find a successor to Gerry Murphy, who has chaired the company since 2017, Sky News reported. It is understood that Murphy, who also chairs Tesco, will not step down this year but exact timings have yet to be confirmed. Related Story Burberry ecommerce boss exits 05/03/2025 x 9:08 AM The news follows reports last summer that Burberry was looking for a non-executive director
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Hemet, Calif. Avison Young has negotiated the $2.2 million sale of a single-tenant retail property located at 1735 W. Florida Ave. in Hemet. Harbor Freight Tools occupies the 20,571-square-foot… The post Avison Young Arranges $2.2 Million Sale of Retail Property in Hemet, California appeared first on Shopping Center Business.
Cyber threats are an ever-present risk for retailers, and with cyber attacks becoming increasingly sophisticated, businesses must build strong cyber resilience to protect their operations, customers, and revenue.
Burnsville, Minn. Transwestern Real Estate Services has negotiated a 66,100-square-foot retail lease at Aurora Village, a 122,323-square-foot shopping center in the south Minneapolis suburb of Burnsville. Soar N Bounce… The post Transwestern Real Estate Negotiates 66,100-Square-Foot Retail Lease in Burnsville, Minnesota appeared first on Shopping Center Business.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
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