Nestle is considering selling its US confectionary business
Nestle is considering selling its US confectionary business, which includes the Butterfinger, Baby Ruth and Crunch chocolate bar brands.
The company’s US confectionary business generated...
Europe’s craft beer market to grow steadily over next 4 years
Thanks partly to the rise of microbreweries, Europe's craft beer market is set to grow at a compound annual growth rate of over 11...
Aldi and Lidl achieved record UK market share
Aldi and Lidl achieved a record market share of 12% (combined) in the UK, after growing at their fastest rate since January 2015, says...
Best Buy reports unexpected rise in first quarter sales, shares surge 21.48% to record...
Best Buy surprised investors by announcing a rise in first-quarter comparable sales and impressive earnings of $188 million, or 60 cents per share, on...
Shoppers’ in-store expectations pose challenge to physical retail
A new report that surveyed consumers in several European countries suggests some key areas in which physical retailers are failing to meet the in-store...
Target agrees to $18.5 million settlement over 2013 data breach
US retail giant Target has agreed to pay $18.5 million to settle an investigation into a massive data breach that occurred before Christmas in...
JC Penney reports disappointing first quarter sales
JC Penney is the latest department store chain in the US to report disappointing first quarter sales.
The retailer reported losses of $180 million, or...
Smartphone-based UK retail searches up 23 percent
Analysis of the volumes of UK retail searches made in the first quarter of 2017 shows that the growth of smartphone use for online...
Reebok launching ‘bio-based footwear’ later this year
Reebok have announced that later this year they will be selling "bio-based footwear" - compostable shoes made entirely of plant materials.
The US footwear and...
Boots closing 220 photo labs in the UK, 400 jobs at risk
Boots, one of the largest pharmacy chains in the UK, has confirmed that it will be closing 220 of its photo labs.
The company said...