UK retail sales drop 4% in April 2024 amid poor weather

ALDI Nord permanently cuts breakfast staples' prices by up to 21%. Target tests wholesale waters with popular Cat & Jack brand. And UK consumers concerned about international delivery.

Forward this email  |  View in browser Retail Insight Network In Brief May 08, 2024 SPOTLIGHT READ UK retail sales drop 4% in April 2024 amid poor weather The decline contrasts with the 5.1% growth seen in April 2023 and falls below the three-month average growth of 0.5%. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS ALDI Nord permanently cuts breakfast staples' prices by up to 21%  The new reduced pricing of breakfast products and staple foods came into effect from 6 May 2024.   Target tests wholesale waters with popular Cat & Jack brand The company is reportedly in the early stages of exploring opportunities to sell its products to retailers globally.   UK consumers concerned about international delivery A new report finds a marked decline in UK consumers buying from overseas due to concerns relating to delivery and returns.   Richemont to acquire Italian jewellery brand Vhernier Milan-based Vhernier offers jewellery designs inspired by modern sculpture and the curves of the human body.     Lululemon faces greenwashing probe by Canada's Competition Bureau  The latest investigation stems from a complaint filed by advocacy group Stand.earth in February 2024.   MINISO opens first IP collection store in Vietnam The new store incorporates dedicated zones for popular characters such as Winnie-the-Pooh, Snoopy, and Pokémon.   Coty's records reported net income of $0.5m in Q3 FY24   Adjusted net income came in at $43.8m, a decrease of 74% from $168.1m reported in Q3 FY24. 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