PRShots Retail daily news and insights into the fashion, home, sustainable fashion and retail tech sectors. Email us your news at news@prshots.com
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16 Aug 2023
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Cybersecurity company Huntress says that it has uncovered a large-scale scam campaign that impersonated UK health and beauty retailer Boots, targeting nearly nine million email inboxes. retailtechinnovationhub.com/…
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Generative search and chatbot advertising revenues are projected to surpass $100bn (£74.5bn) globally by 2030, making it the fastest advertising channel to reach this milestone. marketingweek.com/ai-search-…
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The French government is to debate a revised fast-fashion bill that includes measures to curb fast-fashion through bans on advertising and the imposition of financial penalties. uk.fashionnetwork.com/news/F…
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Tesco is set to roll out electronic shelf labels across its 3000 UK stores overt the next two years as part of a major push to improve pricing accuracy and store efficiency. grocerygazette.co.uk/2026/06…
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Aldi is set to open 16 new stores over the coming months as it continues to expand its footprint across the UK. theretailbulletin.com/food-a…
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Debenhams’ owner has hailed a “successful transformation” from its drastic turnaround, with FY results showing it pre-tax loss narrowing by 69% to £108m in the year to Feb. cityam.com/debenhams-hails-s…
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Starbucks Korea will close all of its 2,000 stores at 3pm on 22 June for staff training on historical awareness and social sensitivity after a campaign triggered a backlash, protests and a fall in sales. retail-systems.com/rs/Starbu…
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Spanish department store El Corte Inglés reported net profit of €628m for FY to Feb 28, up 22.8% on the previous year, with revenues up 1.1% to €17.25bn. uk.fashionnetwork.com/news/E…
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Amazon-owned Whole Foods Market has opened a new store near Victoria, the final of the six new UK sites announced at the beginning of the year. grocerygazette.co.uk/2026/06…
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The latest business restructuring plan from Poundstretcher has been approved by the court, following support from 93% of voting creditors. retailgazette.co.uk/blog/202…
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Debenhams Group has completed the sublease of its former US distribution centre in Pennsylvania, reducing a “significant” future lease liability as part of its turnaround strategy. retailgazette.co.uk/blog/202…
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The Dusk furniture and homeware retailer is reportedly planning a float on the London Stock Exchange. theretailbulletin.com/home-a…
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The Cotswold Company has posted a 23% jump in annual sales to a record £123m after it invested in new stores, AI and its supply chain. theretailbulletin.com/home-a…
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Australian pharmacy group Sigma has pulled out of an offer for Boots as the deal would “not currently meet its strategic and capital investment objectives”. retail-week.com/health-and-b…
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Frasers Group has launched a A$316m (£166m) offer for the remaining available shares for the Australian sports performance and lifestyle retailer Accent Group. uk.fashionnetwork.com/news/F…
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A US judge has granted preliminary approval to a revised $38bn settlement between Visa, Mastercard and more than 12m US retailers, over credit card processing fees. retail-systems.com/rs/Visa_M…
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Debenhams Group, the owner of Boohoo and Pretty Little Thing, has sublet a US distribution centre that was surplus to requirements to ID Logistics. theretailbulletin.com/fashio…
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ONS figures show the UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, and follows a 3% rise in March. theguardian.com/business/202…
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Virgin Wines said “external market pressures” meant EBITDA would now likely be negative this year. retail-week.com/virgin-wines…
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Victoria’s Secret shareholders have overwhelmingly re-elected all nine company-backed director nominees, a decisive victory for the retailer’s board and management. uk.fashionnetwork.com/news/V…
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