UK retail sales remain flat in March 2024 despite easing inflation

Asda staff at Lowestoft store set for strike action in May. Jackery rolls out solar generators in 500 Target stores. And Nike to lay off 740 employees at Oregon base in cost-cutting initiative.

Forward this email  |  View in browser Retail Insight Network In Brief April 22, 2024 SPOTLIGHT READ UK retail sales remain flat in March 2024 despite easing inflation Sales were still 1.2% below the pre-pandemic levels of February 2020. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Asda staff at Lowestoft store set for strike action in May Among others, grievances raised by workers include reduced working hours, substandard training, and bullying.   Jackery rolls out solar generators in 500 Target stores The portable solar generators provide clean and reliable power for a variety of outdoor activities and emergencies.   Nike to lay off 740 employees at Oregon base in cost-cutting initiative  The company warned that its revenue in the first half of FY25 would dip by a low single-digit percentage.   Pixevia CEO talks about honing customer experience in autonomous stores Mindaugas Eglinskas unpacks the autonomous shopping experience that the Lithuanian software company is developing for its retail customers.   Spanish beauty giant Puig sets stage for €14bn IPO Scheduled to begin trading on 3rd May, Puig anticipates a market capitalisation between €12.7bn and €13.9bn.   Reitmans' net earnings decreased by 81.0% in FY24 The retailer's net revenues decreased by 1.1%, totalling C$794.7m during the period.   Tokmanni strives to be sustainable leader in European discount retail Finland-based Tokmanni Group Corporation has published its Sustainability Report 2023, outlining its ESG strategy. Read more news IN-DEPTH READ Airport Retailing Market Overview   Per GlobalData, the airport retailing market was valued at $35.2 billion in 2023. The market benefited from an increase in air traffic, and airport retailers capitalized on this by expanding their presence across different markets. Furthermore, airport retailers adopting innovative omnichannel initiatives will support the market growth recording a CAGR of >9% during 2023-2028. 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