Spain’s High Court to suspend CNMC’s fine on Apple and Amazon

Poor start to 2024 for German retailers facing supply chain issues. Target explores new paid membership programme. And Sainsbury's unveils 'Next Level' strategy.

Forward this email  |  View in browser Retail Insight Network In Brief February 09, 2024 SPOTLIGHT READ Spain's High Court to suspend CNMC's fine on Apple and Amazon   The decision comes as part of an appeal process initiated by the companies against penalties levied by the Spanish competition regulator. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Poor start to 2024 for German retailers facing supply chain issues The ifo Institute has analysed business development in the German retail industry.   Target explores new paid membership programme Target's exploration of a paid membership programme signals a strategic shift aimed at driving revenue and customer loyalty.   Sainsbury's unveils 'Next Level' strategy The company expects to increase its retail operating profit and plans to invest in capital expenditure over the next three years.   Under Armour reports net income of $114m in Q3 FY24   The brand anticipates revenue to decline between 3% and 4% in the financial year 2024.   Shein expands US presence with new office in Seattle   The Seattle-area office is part of the company's strategy to localise services and expedite delivery services for American customers.     VF Corporation reports 16% decline in revenue for Q3 FY24   The company posted a loss per share of $0.11 in Q3 FY24, against earnings per share of $1.31 in the same period of FY23.   Yowie to remove 'nut-free' claim from chocolate packaging The packaging will also feature a notice regarding the potential for cross-contamination. Read more news IN-DEPTH READ Personalization has grown alongside online retail   Personalization has increased as technologies have advanced, with a retailer's ability to collect, analyze, and utilize consumer data being aided by the effective use of analytics tools. Consumers are also increasingly individualistic, especially Gen Z, and want products that are specifically targeted to their needs and goals. Personalized products are currently especially prevalent in the health & beauty sector, due to the links to the health & wellness trend, which is also particularly important to young consumers.  Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo Click below to view more from across the network: Packaging Gateway    |   Just Style   |   Just Drinks   |   Just Food        Was this email forwarded to you? Sign up here.   Please send any news or comments to: consumer.editorial@verdict.co.uk   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences