Home Depot to open four new distribution centres in 2024

John Lewis Partnership bounces back but bonuses remain elusive. Dollar Tree reports FY23 gross profit growth and closes 1,000 stores. And Top 10 retail trends shaping the future of shopping in the UK.

Forward this email  |  View in browser Retail Insight Network In Brief March 15, 2024 SPOTLIGHT READ Home Depot to open four new distribution centres in 2024  The new distribution centres will house large merchandise such as lumber, insulation and roofing shingles. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS John Lewis Partnership bounces back but bonuses remain elusive The driving force behind JLP's turnaround appears to be its supermarket chain, Waitrose.   Dollar Tree reports FY23 gross profit growth and closes 1,000 stores  The retailer experienced a net loss of $998.4m in FY23, with a diluted loss per share of $4.55.   Top 10 retail trends shaping the future of shopping in the UK Trendsetting retailers are leveraging cutting-edge tech like omnichannel strategies and AI to enhance customer experiences and fuel business growth.   Harry Rosen to relocate flagship store and update retail fleet   The retailer will open a new three-storey flagship store on Cumberland Street by spring 2026.   GPA raises $704m reals to reduce mounting debt GPA's offering involved selling 220 million shares, with the proceeds directed towards reducing its debt.   What would a US TikTok ban mean for businesses? The popular short-form video-sharing app continues to face scrutiny over national security concerns.   Adidas posts €58m net loss from continuing operations in FY2023   The company's revenue declined by 5% to €21.43bn ($23.45bn) in the fiscal year 2023 (FY2023) from €22.51bn in 2022. Read more news IN-DEPTH READ Future of Physical Retail   GlobalData's latest report outlines the future of physical retail in the retail and apparel sectors, consumer attitude towards offline and online retail, and a range of innovations that will shape the future of physical retail. Physical retail is forecast to maintain a somewhat steady market share of the total retail market, making it consistently important and relevant to retailers. 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