Body Shop administrators to put retailer up for auction

Target reduces prices on 5000 most popular items. Superdry faces potential sale if creditor approval for rescue plan fails. And Shopify overturns $40m patent infringement verdict.

Forward this email  |  View in browser Retail Insight Network In Brief May 22, 2024 SPOTLIGHT READ Body Shop administrators to put retailer up for auction  FRP Advisory is ready to formally approach potential buyers. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Target reduces prices on 5000 most popular items The retailer has reduced prices on 1,500 items, with thousands more price cuts planned to take effect over the course of summer 2024.   Superdry faces potential sale if creditor approval for rescue plan fails The company's stock has plummeted recently due to poor sales.   Shopify overturns $40m patent infringement verdict A Delaware judge found that the court's original verdict lacked evidence.   OneStock secures $72m investment to expedite omnichannel growth  The funding is set to propel the company's international expansion with a focus on entering the US market.   Flipkart unveils IRIS insights platform for brands The platform offers reports and insights for brands that plan to expand and strengthen their businesses.   Digital Brands Group reports decreased net loss in Q1 FY24 The company's revenue decreased by $0.8m to $3.6m over the quarter.   DoorDash and Ulta Beauty partner for on-demand beauty product delivery The collaboration marks the first time all DoorDash's monthly active users can order from a beauty retailer across 50 US states. 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