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UK retail sales beat expectations driven by strong tech demand

Retail Gazette

Technology and telecommunication retailers saw sales surge by more than a third, buoyed by new product launches, including Apple’s new iPhone 16, which helped partially offset a 2.4% decrease in supermarkets. Computers and telecoms stores grew strongly but were partly offset by falls in supermarkets. in September.

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Supermarket chains fall in trusted brands rankings, as Bunnings holds lead

Inside Retail

Hardware retailer Bunnings has again been named as Australia’s most trusted brand, while supermarket chains Woolworths and Coles fell down the rankings. Telecommunications company Optus remained the most distrusted brand last year, followed by social media giant Facebook/Meta and airline Qantas.

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Mastercard is getting rid of credit card numbers. Cards themselves may be next

Inside Retail

While strengthening the security attached to credit cards, removing numbers shifts the vulnerability to mobile phones and telecommunication providers. It is also being trialled across other international retailers, including supermarket chains Tesco and ALDI. They would be excluded from the new protections.

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Walmart, Starbucks, Nike: Making sense of China’s latest retail sales numbers

Inside Retail

At the Pang Dong Lai supermarket chain, based in Chinas north-central Henan Province, both customers and employees are treated like royalty. per cent), telecommunication equipment (+9.9 Pang Dong Lais founder and chair, Yu Donglai, says the companys philosophy is freedom and love. per cent), sports and recreational goods (+11.1

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Bunnings, Kmart, Aldi are Australia’s most-trusted brands

Inside Retail

Telecommunications company Optus is once again the most distrusted brand, with Qantas in second place and Facebook/Meta in third. Both are now among Australia’s five most distrusted brands for the first time.”

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Will massive fines for grocers who exploit suppliers work?

Inside Retail

Suppliers of food and other products have been complaining for years about their treatment at the hands of Woolworths, Coles and Australia’s other big supermarket chains, although rarely to the supermarkets themselves – perhaps, as suggested in a recent Four Corners program, because they feared retribution.

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Retail sales rise in September for third consecutive month, ONS figures show

Retail Times

Computers and telecommunications retailers grew strongly but were partly offset by decreases in supermarkets. Retail sales volumes (quantity bought) are estimated to have risen by 0.3% in September 2024, following a rise of 1.0% in August 2024. Looking at the quarter, sales volumes rose by 1.9%