retail

Amazon, Future Group in talks over Future Retail stake sale

When contacted, the Future Group denied any such discussion saying that they are "speculative in nature".




retail

Retail prices of pulses inch up; poor largely unaffected on PDS boost

Out of 230 lakh tonne annual consumption, only a third of it is met via domestic production. Edible oils prices have gone up as the country’s 600 refineries, 500 solvent plants and 10,000 crushing mills have reduced output by half compared to pre-Covid levels, industry experts said.




retail

India’s retail market to reach Rs 47 lakh crore

India’s overall retail market to reach Rs 47 lakh crore by 2016-17




retail

Antwerp benefits from retail rethink

Antwerp has long been an attractive retail location in Belgium, while also offering investors an efficient and transparent planning process. 




retail

The role of retail in renewables

Regulators in a number of states are ratcheting up investigations into competitive retailer behavior and proposing new consumer protection rules. Some states with aggressive carbon emission reduction goals implemented through regulated utility contracts are wondering whether retail competition has a place where a growing portion of energy supply is locked and loaded. 




retail

Shell makes aggressive move into U.K. retail power market

Royal Dutch Shell Plc took a step forward in its aim to become the world’s biggest power company with an aggressive move into the U.K. retail market by offering one of the cheapest tariffs available.




retail

The role of retail in renewables

Regulators in a number of states are ratcheting up investigations into competitive retailer behavior and proposing new consumer protection rules. Some states with aggressive carbon emission reduction goals implemented through regulated utility contracts are wondering whether retail competition has a place where a growing portion of energy supply is locked and loaded. 




retail

Shell makes aggressive move into U.K. retail power market

Royal Dutch Shell Plc took a step forward in its aim to become the world’s biggest power company with an aggressive move into the U.K. retail market by offering one of the cheapest tariffs available.




retail

Shell makes aggressive move into U.K. retail power market

Royal Dutch Shell Plc took a step forward in its aim to become the world’s biggest power company with an aggressive move into the U.K. retail market by offering one of the cheapest tariffs available.




retail

The role of retail in renewables

Regulators in a number of states are ratcheting up investigations into competitive retailer behavior and proposing new consumer protection rules. Some states with aggressive carbon emission reduction goals implemented through regulated utility contracts are wondering whether retail competition has a place where a growing portion of energy supply is locked and loaded. 




retail

Insight – The emerging Indian retail landscape

As many Australian clients know, India announced a 21-day lockdown across the entire country, commencing on March 24. At this point, this is the largest lockdown in the world affecting more than a billion people. On April 14, this lockdown was extended until May 3.




retail

Lawbite: The retail CVA – Lessons from the Debenhams case

(1) Discovery (Northampton) Limited (2) Discovery (Nuneaton) Limited (3) Southampton Estates Limited (4) Discovery (Torquay) Limited (5) Discovery (Folkestone) Limited (6) Discovery (Harrogate) Limited v Debenhams Retail Limited (2) James Robert Tuc...




retail

Wall Street-Tweak: Inform Retail Investors Of The Stock Borrow Earnings They Lose Out On.




retail

The FCA bans the promotion of mini-bonds to retail consumers: what does this mean and what does it say about FCA thinking?

On 26 November 2019 the FCA announced that it was using its product intervention powers to ban the promotion of so-called “speculative mini bonds” to retail consumers. The ban will come into force on 1 January and will last for 12 months...





retail

Germany: Federal Cartel Office bans food retail giant EDEKA from squeezing suppliers, Edeka goes to Court

The German Federal Cartel Office (“Bundeskartellamt”, BKartA) has issued a decision stating that attempts by Germany’s largest supermarket, EDEKA, to force suppliers to grant it so called “wedding rebates”, in the form ...




retail

Cooperation agreements between French large retailers to be reviewed by the French Competition Authority

The French Competition Authority (FCA) is entitled to give advisory opinions on any competition matter, in particular for the attention  of the French Government and the Parliament. The FCA has been recently asked to give its opinion on coopera...




retail

The rise of AI and Robotics in Retail - is it forging ahead of the law?

AI AND ROBOTICS IN RETAIL HAS UNSTOPPABLE MOMENTUM. IT WILL BE A KEY FOCUS AND POTENTIAL DIFFERENTIATOR FOR RETAILERS Earlier this year, MEPs voted for a set of regulations to be drafted to govern the use and creation of robots and artificial intell...




retail

Eversheds’ Annual Retail Conference 2015 – key highlights

On Thursday 12 February Eversheds hosted its annual Retail conference to discuss and debate key topics and issues impacting the sector. Keynote speech, Mike Ahanchian, BRC - The changing face of Retail The  Retail conference was kicked off by M...




retail

Retail groups with Swiss financing arrangements

The Swiss Federal Supreme Court recently considered whether a dividend distributed by a Swiss company that participated in a zero balancing financing arrangement had been distributed lawfully. The case refers back to 2001 when Swisscargo AG distribu...




retail

Retail Speed Brief: ICO issues fine for security breach involving failure to adhere to PCI-DSS

The security of personal information, including customer payment card data and related details, is integral to the functioning of retailers with an online offering, and there are serious consequences in the event of security breaches. Penalties...




retail

3D printing at home: what does it mean for retailers and IP owners?

3D printing is becoming an increasingly versatile and commercially attractive tool. The technology has many applications beyond its roots in prototyping and it is being used to create products such as clothes, cars, musical instruments and even huma...




retail

Digital wallets – what will the future look like for retailers?

This month Visa Europe announced its expansion of V.me, a digital wallet service which will be available to the majority of internet shoppers in the UK before the end of 2015. V.me launched in 2013 following a surge in the use of smartphones and tab...




retail

Germany: Bundeskartellamt blocks takeover by food retailer EDEKA of Kaiser’s Supermarkets, Parties apply for ministerial authorization

On 31 March 2015, the German Federal Cartel Office (“Bundeskartellamt”, BKartA) announced that it has blocked the proposed takeover of approximately 450 Kaiser’s Tengelmann supermarket branches by EDEKA, the leading German food ret...




retail

Commission probes online restrictions on retailers - e-commerce sector inquiry update

It has been reported that the European Commission (the “Commission”) is asking retailers to detail the difficulties they face while trying to sell their products online, as part of the lengthy questionnaires sent to the retailers followi...




retail

Eversheds advises Windmill in successful defence of Court of Appeal challenge to retail planning permission

R (on the application of Tesco Stores Limited) v Forest of Dean District Council and (1) JD Norman Lydney Limited (2) Asda Stores Limited (3) Windmill Limited (4) MMC Land & Regeneration Limited1 The Court of Appeal, upholding a decision of the ...




retail

Eversheds sponsors the World Retail Congress 2015

We are delighted to be sponsoring this year’s World Retail Congress taking place on 8 – 10 September in Rome. The theme to this year’s Congress is ‘Transformation today, tomorrow and beyond’, key to which for many retailers is international expansio...




retail

Food / Retail Sector Update: European Commission President calls for review of supermarkets’ power

On 9 September 2015, in his first State of the Union address, European Commission President Jean-Claude Juncker called for a review of the power wielded over food markets by groups of retailers and the “need to break some retail oligopolies&rd...




retail

Food / Retail Sector Update: European Commission President calls for review of supermarkets’ power

On 9 September 2015, in his first State of the Union address, European Commission President Jean-Claude Juncker called for a review of the power wielded over food markets by groups of retailers and the “need to break some retail oligopolies&rd...




retail

Competition and Markets Authority publishes updated retail mergers commentary

Introduction The Competition and Markets Authority (“CMA”), the authority responsible for operating and enforcing the UK merger control regime, has published its updated Retail Mergers Commentary (“New Commentary”).1 The CMA ...




retail

E-commerce: can luxury brands prevent retailers selling via online marketplaces?

On 26 July 2017, the European Court of Justice (“ECJ”) published an opinion issued by Advocate General Nils Wahl (the “AG’s Opinion”) indicating that luxury brands may prevent retailers from selling via online marketpla...




retail

German competition authority issues guidance paper on resale price maintenance in the retail food sector

In July 2017, the German Federal Cartel Office (“FCO”) published a detailed guidance paper (the “Guidance Paper”) on resale price maintenance (“RPM”) in the retail food sector. The purpose of the paper is to expl...




retail

Coronavirus - Block Exemption for the Retail Property Sector – South Africa

The Covid-19 Block Exemption for the Retail Property Sector (the “Regulations”) were published on 24 March 2020 in response to the declaration of the National State of Disaster. The Regulations exempt certain agreements or practices with...




retail

Hard sell: Japan’s retail sector may need to reinvent itself in the wake of the COVID-19 pandemic

A sea change in shopping habits amid the new coronavirus outbreak could impact marketing and distribution across the country for years to come.




retail

Zejtun: giant retail mall resurrected

A huge 28,000 square metre retail centre is being earmarked for the Barbros construction plant next to the Lidl supermarket in Zejtun




retail

Steep rentals, lack of quality retail real estate making it tough for luxury brands to expand business in India

MUMBAI/DELHI: Niche luxury brands like Italian suit maker Kiton and British shoemaker John Lobb have started bespoke made-to-order services in India, but they are in no hurry to open swanky stores in the country. Reason: inability to find a place on the right location at reasonable rates. “Rentals in India are as high as international markets, but the demand is not as much,” said Pratik Dalmia, founder of Mumbai-based Regalia Luxury, which has the rights to market and sell Kiton and John Lobb brands in India. Steep rentals and lack of quality retail real estate at strategic locations near high-income neighbourhoods are making it hard for luxury brands to expand […]




retail

Luxury retailer Neiman Marcus files for bankruptcy

Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to the COVID-19 pandemic. Freddie Joyner has more.




retail

Asking for Identification and Retail Tobacco Sales to Minors

BACKGROUND AND OBJECTIVES:

A previous single-county study found that retail stores usually asked young-looking tobacco customers to show proof-of-age identification, but a large proportion of illegal tobacco sales to minors occurred after the customers had shown identification proving they were too young to purchase tobacco. We sought to investigate these findings on a larger scale.

METHODS:

We obtained state reports for federal fiscal years 2017 and 2018 from a federal agency that tracks tobacco sales to supervised minors conducting compliance checks in retail stores. We used descriptive and multivariable logistic regression methods to determine (1) how often stores in 17 states requested identifications, (2) what proportion of violations occurred after identification requests, and (3) if violation rates differed when minors were required versus forbidden to carry identification.

RESULTS:

Stores asked minors for identification in 79.6% (95% confidence interval: 79.3%–80.8%) of compliance checks (N = 17 276). Violations after identification requests constituted 22.8% (95% confidence interval: 20.0%–25.6%; interstate range, 1.7%–66.2%) of all violations and were nearly 3 times as likely when minors were required to carry identification in compliance checks. Violations were 42% more likely when minors asked for a vaping product versus cigarettes.

CONCLUSIONS:

Stores that sell tobacco to underage customers are more likely to be detected and penalized when youth inspectors carry identification during undercover tobacco sales compliance checks. The new age-21 tobacco sales requirement presents an opportunity to require identifications be carried and address other long-standing weaknesses in compliance-check protocols to help combat the current adolescent vaping epidemic.




retail

Brookfield launches $5 billion ‘retail revitalization’ program to prop up retailers hit hard by pandemic

Brookfield, known for its contrarian bets on malls, will take minority stakes in struggling retailers



  • Retail & Marketing
  • FP Street
  • News
  • Brookfield Asset Management Inc.

retail

Sir John Timpson warns some High Street retailers won't survive Covid-19 lockdown

Warning from head of High Street chain comes as retailers across the UK feel the financial pinch of coronavirus restrictions




retail

Fifth of retailers do not plan to reopen after lockdown, MPs told

A fifth of high street stores plan to stay closed permanently after the coronavirus lockdown lifts, retail leaders have told MPs.





retail

Lockdown 3.0: Tecno launches doorstep smartphone delivery with over 35,000 retailers

Consumers can reach out to their preferred retailers via Tecno's website and enter their PIN code details. The microsite with a store locator will assist in mapping the retailer and the contact details, and the device will be delivered to their doorsteps by their nearest retailer.




retail

TD expects U.S. retail banking business to take $1.1B charge for bad loans

Toronto-Dominion Bank says it expects to take a provision for credit losses related to its U.S. retail banking business of roughly $1.1 billion (US$800 million) in its second quarter due to the pandemic.




retail

Debenhams accused of 'stealing' as retailer demands 90% discount on clothes from suppliers already at UK ports

ITV News has seen correspondence from Debenhams’ administrator to Bangladeshi suppliers demanding a 90% discount on garments orders.




retail

Retail sales plummet in April despite record jump in online trading

Closures dragged total sales down, despite a 109.6% jump in online retail sales for the month – the highest increase on record.




retail

COVID-19 hoarding triggers record surge in retail sales, but a payback is coming

Supermarket and grocery store turnover leapt 22 per cent in March on panic buying of toilet paper and food but sales are expected to fall as stockpiling subsides and major retailers, including Myer, extend shutdowns.




retail

Planning some retail therapy this weekend? Best to check what stores will open

An easing of coronavirus restrictions means non-essential shopping has the green light from this weekend, but that doesn't mean all the stores are ready to throw open their doors immediately.




retail

ASX falls, retail sales post record surge

The local share market closes lower, despite some retail stocks rallying after sales surged in March, while the corporate regulator warns of the dangers of day trading for individual investors.




retail

CPP-owned retailer Neiman Marcus files for bankruptcy

Neiman Marcus, the 112-year-old storied luxury department store chain, has filed for Chapter 11 bankruptcy protection, the first department store chain to be toppled by the coronavirus pandemic.