Lidl GB reveals plan for hundreds of new stores

Woolworths to divest 5% stake in Endeavour for $302m. Retailers must have TikTok Shop strategy as the platform expands its marketplace. Coles posts 3.4% increase in sales revenue in Q3 FY24.

Forward this email  |  View in browser Retail Insight Network In Brief May 01, 2024 Client Showcase Hansae Sustainability Report Fashion firms, with notoriously high water usage and emissions, are under mounting pressure to green their operations.   Download free whitepaper SPOTLIGHT READ Lidl GB reveals plan for hundreds of new stores   The retailer will open new stores in Bristol, Birmingham and Berwick in the coming months. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Client Showcase Why having an international presence is essential for the modern apparel business Globalisation offers garment manufacturers many opportunities, from diversifying their customer base, mitigating risks, to expanding into new markets. Apparel manufacturer Hansae shares how leveraging an international presence can be good for business.  Woolworths to divest 5% stake in Endeavour for $302m The retailer will leverage proceeds from the deal to return capital to shareholders.   Retailers must have TikTok Shop strategy as the platform expands its marketplace The possibility of converting brand awareness on Tik Tok into sales as consumers discover and check out products on one platform is high.   Coles posts 3.4% increase in sales revenue in Q3 FY24 The retailer's e-commerce sales increased by 34.9%, with penetration growing to 9.3% over the quarter.   Getir retreats from international markets The decision has been attributed to the broader slowdown in the rapid grocery delivery industry.   Ocado grapples with shareholder revolt over CEO pay The company's chair has argued that the bonus is fair compensation for the role.   Walmart introduces private brand bettergoods With bettergoods, Walmart aims to make quality, trend-forward and chef-inspired food approachable and affordable to consumers.   DXL and Nordstrom enter strategic partnership This coincides with the launch of Nordstrom's new marketplace, aimed at broader audiences, in April 2024. Read more news IN-DEPTH READ UK Retail Occasions Market Overview   GlobalData's latest report offers a comprehensive overview of the market size for key occasions for 2018-2023. These key occasions are Christmas, Valentine's Day, Mother's Day, Easter, Father's Day, Summer, Back to school, Halloween, and Black Friday. The report analyzes the market growth and the market shares of the top five retailers for each key occasion overall and core categories. 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