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03.04.26 - 11:48
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M&S calls for crackdown on ′brazen, organised, aggressive′ retail crime (The Guardian)
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Bosses write to home secretary and London mayor listing series of incidents staff have faced in past week Marks & Spencer has called on the government and London's mayor to crack down on retail crime, saying it has become “more brazen, more organised and more aggressive”, after reporting an increase in shoplifting and violence at its stores.The M&S chief executive, Stuart Machin, has written to the home secretary, Shabana Mahmood, and its retail director, Thinus Keeve, has written to the London mayor, Sadiq Khan, saying greater resources are needed for police to tackle the crime effectively and target repeat offenders and crime hotspots. Continue reading......
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02.04.26 - 12:24
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Italy Retail Sales Remain Flat In February (AFX)
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ROME (dpa-AFX) - Italy's retail sales stalled in February after rebounding in the previous month, the statistical office ISTAT reported Thursday.The sales value remained unchanged on a monthly bas......
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02.04.26 - 12:12
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Secondhand clothes sales forecast to hit $289bn as AI helps shoppers find deals (The Guardian)
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Sites such as Vinted and ThredUp expected to help resale grow twice as fast as overall clothing market in coming yearsBusiness live – latest updatesSecondhand clothing sales are forecast to surge 12% this year to $289bn (£217bn) and continue to step up, as AI and social media influencers help shoppers find the items they want.The rise of sites such as Vinted, Depop, Vestige and ThredUp is expected to power an average 9% annual growth over the next five years to reach $393bn, twice the pace of the overall clothing market. Continue reading......
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02.04.26 - 10:42
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Dutch Retail Sales Growth Eases To 1.3% (AFX)
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BRUSSELS (dpa-AFX) - The Netherlands' retail sales growth eased for the third straight month in February, according to data published by the Central Bureau of Statistics on Thursday.Retail turnove......
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01.04.26 - 19:36
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UK food inflation ′could hit 9%′, trade body warns as Reeves meets retail chiefs (The Guardian)
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Discussion on how to ease impact from Iran war coincides with Food and Drink Federation almost tripling forecastFood inflation could hit 9% in the UK this year even if the strait of Hormuz opens within the next few weeks, figures suggest, as the Iran war pushes up energy prices.The Food and Drink Federation (FDF), which represents 12,000 food and drink manufacturers, has predicted prices will rise by “at least” 9% by the end of 2026, almost tripling a forecast of 3.2% that was made before the Middle East conflict. Continue reading......
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