Retail news

• Wayfair workers plan walkout over company furnishing border camps

  25-06-2019 21:24
  Hundreds of employees of online home goods company call on it to end partnership with government contractorHundreds of employees of the online home goods company Wayfair will stage a walkout on Wednesday in protest against its involvement in furnishing border camps.Employees organizing the walkout at the firm’s Boston headquarters say they demanded the company stop its partnership with a government contractor to provide beds for detained immigrants.Wayfair is confirmed to be selling beds t
  
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• Insects tipped to rival sushi as fashionable food of the future

  25-06-2019 19:32
  Analysts believe falling prices and reduced ‘yuck factor’ will build appetite for bug cuisineCricket crisps and buffalo worm burgers could be as fashionable as sushi within a decade due to falling prices and a waning “yuck factor”, which analysts believe could push the bug protein market to a value of £6bn by 2030.A report has shone a spotlight on a market enjoying bumper growth, with sales increasing by about 25% a year as high-protein, low-calorie bug-based snacks
  
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• UK retail sales slide; gold hits six-year high - as it happened

  25-06-2019 17:44
  Rolling coverage of the latest economic and financial news, as retailers report that conditions are weaker than a year agoLatest: UK retail spending slumped in JuneRetail sales balance dives to -42, weakest since 2009CBI: Underlying picture is weakMPs grill FCA over WoodfordIntroduction: Gold leaps to six-year high 4.44pm BST And finally.... Britain’s stock market has ended the day where it began, with the FTSE 100 up just 5 points.European stock markets posted losses, with Italy’s F
  
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• Amazon/beauty retailers: cosmetic quest

  25-06-2019 17:32
  Online retailer has ambitions to expand its presence in a market worth $300bn
  
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• UK retail sales survey points to woes continuing in June

  25-06-2019 13:31
  CBI data weakest since the financial crisis
  
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• UK retail sales suffer biggest fall in a decade - business live

  25-06-2019 13:25
  Rolling coverage of the latest economic and financial news, as retailers report that conditions are weaker than a year agoLatest: UK retail spending slumped in JuneCBI: Underlying picture is weakMPs grill FCA over WoodfordIntroduction: Gold leaps to six-year high 12.25pm BST Here’s Reuters’ take on the decline in UK retail sales this month:British retail sales plunged this month at the fastest annual pace in 10 years, in part reflecting a surge in sales in June last year which were s
  
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• Monoprix chairman Schultz quits France’s Casino group

  25-06-2019 09:32
  Departure comes after parent companies seek bankruptcy protection
  
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• New Look reveals past accounting irregularities as losses swell

  25-06-2019 09:11
  Fashion retailer has cut costs by closing stores and withdrawing from overseas markets
  
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• New Look reports £500m loss but slashes costs

  25-06-2019 09:11
  Fashion retailer has closed stores and taken a large debt ‘haircut’
  
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• Carpetright returns to sales growth after emergency restructure 

  25-06-2019 08:53
  Retailer says turnaround plan on track but warns on economic climate
  
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• The battle to turn Arkansas's dry counties wet – with Walmart's help

  25-06-2019 08:00
  Many Arkansas counties are forbidden from selling alcohol, but campaigners, including the Walton family, want that to changeWarwick Milner sits outside Cove Creek Corner Store, a gas station in Cleburne county, Arkansas. Despite a nearby lake attracting tourists from neighboring states, the gas station cannot sell alcohol. In fact, there is no place within the entire county where wine, beer or liquor can be purchased and taken home. Related: Four restaurants in the Bronx feel the Alexandria Ocas
  
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• The battle to turn Arkansas's dry counties wet – with Walmart's help

  25-06-2019 08:00
  Many Arkansas counties are forbidden from selling alcohol, but campaigners, including the Walton family, want that to changeWarwick Milner sits outside Cove Creek Corner Store, a gas station in Cleburne county, Arkansas. Despite a nearby lake attracting tourists from neighboring states, the gas station cannot sell alcohol. In fact, there is no place within the entire county where wine, beer or liquor can be purchased and taken home. Related: Four restaurants in the Bronx feel the Alexandria Ocas
  
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• Co-op to trial 100% compostable wrappers at Glastonbury

  25-06-2019 06:01
  Pop-up store will also sell water in recyclable aluminium cans and refillable bottles at festivalSandwiches in 100% compostable packaging will go on sale at Glastonbury festival which starts on Wednesday, as part of a trial launched by the Co-op.In what it claims is a first for a national food retailer, the convenience chain says all elements of the packaging – from the base card to the transparent film and the label – are compostable. Continue reading...
  
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• Prada heir makes his mark in sustainable nylon

  25-06-2019 06:00
  Lorenzo Bertelli oversees bags made from recycled fabric after joining Milan fashion group owned by his parents
  
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