EU opens probe into Chinese e-commerce platform Temu
The Commission will look into whether the Chinese e-commerce company has failed to crack down on illegal products and addictive designs.
retailer
Ikea to pay โฌ6mn to compensate for forced labour by ex-prisoners in East Germany
Political and other prisoners were made to work producing furniture for the retailer from 1960 until 1990
French retailer Auchan close to selling its stores in Russia
According to French online news outlet La Lettre, Auchan is negotiating the sale of its 230 outlets to a local operative. The name of Gazprombank, which had already acquired shopping centers belonging to Ikea, has been put forward.
Eurocrats canโt read Boris Johnsonโs memoir because of โฆ Brexit
“Itโs ironic,โ says Brussels bookseller.
Chechen warlord declares โblood feudโ on Russian MPs for supposed assassination plot
Ramzan Kadyrov accused two lawmakers and a senator of plotting to kill him.
Two dead in botched takeover bid of Russian retailer’s office
Two security guards at Wildberries main Moscow office were shot dead on Wednesday after armed men accompanying the estranged husband of the CEO illegally entered the building and opened fire.
EU court says Hungary broke competition rules by fixing food prices
The European Unionโs top court ruled on Thursday (12 September) that a Hungarian decree setting regulated prices for basic foodstuffs undermines fair competition, in a dispute first brought before a national court by international retailer SPAR.
WH Smith launches ยฃ50m share buyback after strong summer
Rise in travel-related sales benefits retailer, with group revenue up 7% in year to end of AugustWH Smith is to give investors a ยฃ50m windfall as holidaymakers snapping up travel essentials helped boost summer sales at the retail chain.The retailer sai…
โNot fit for purposeโ: M&S pins hopes on Oxford Street store revamp
Retailer awaits decision from new Labour government on multimillion-pound plans to refurbish Art Deco flagship
The warlord, the runaway wife and the fight for Russiaโs ecommerce crown
Ramzan Kadyrov turns mediator in dispute over Russian online retailer amid fiercest asset grab since 1990s
Boswells, Oxfordโs 280-year-old department store, is reborn as a hotel
Key Notes | The venerable family-owned retailer has become The Store, a hundred-room hotel with spire-filled views from the rooftop bar
Online fashion retailer Temu added to EU digital rulebookโs โsystemic riskโ list
The European Commission announced that online fashion retailer Temu has been designated as a โvery large online platformโ (VLOP) under the Digital Services Act (DSA) on Friday (31 May).
Shein added to EU digital rulebookโs โsystemic riskโ list
The European Commission designated online fashion retailer Shein as a “very large online platform” under the Digital Services Act on Friday (26 April).
Chinese fast-fashion app Shein will face tougher EU tech rules
Europe tightens scrutiny of China-based tech companies.
Big Chocolate is conning you this Easter
Traders, manufacturers and retailers are all blaming each other for record prices.
EU Commission investigates AliExpress for potential breach of EU digital rulebook
The European Commission announced its investigation into AliExpress on Thursday (14 March), about whether the online retail service violated the EU’s Digital Services Act (DSA).
Zalando to overhaul โmisleadingโ green claims on its websites, EU says
Europe’s biggest online fashion retailer Zalando has committed to overhaul by mid-April the sustainability claims it makes on its web sites after the EU qualified them as “misleading”, the European Commission said on Thursday (22 February).
French retailer Carrefour drops PepsiCo products over high prices
Clash is latest flashpoint between food manufacturers and retailers over rising costs for consumers
French retailer Decathlon still selling in Russia despite official pullout over Ukraine, report says
French sports retail giant Decathlon has secretly continued selling clothes in Russia despite officially pulling out in protest at Russia’s war in Ukraine, a media report published Tuesday said.
โWhat do we want? ยฃ15!โ Hundreds join Amazon picket line for Black Friday strike
Trade unionists from US and Europe stand with staff at Coventry hub over local pay dispute amid global day of actionHundreds of strikers outside Amazonโs Coventry warehouse were joined on Black Friday by trade unionists from Europe and the US as part o…
B&Q owner Kingfisher cuts profit forecast
Home improvement retailer hit by weaker trading in Poland and France
EU Digital Services Act: Challenges remain as enforcement begins
From Friday (25 August), very large online platforms and search engines will have to comply with the new EU Digital Services Act, a landmark regulation designed to combat hate speech and disinformation online – though enforcement raises challenges.
H&M says it will โphase outโ sourcing from Myanmar
Reuters exclusively reported that the worldโs second-biggest fashion retailer H&M (HMb.ST) has decided to gradually stop sourcing from Myanmar, as [โฆ]
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