This week's top stories in the Consumer and Retail sector.
Whilst online sales slowed last month, retailers are adapting to the changing retail landscape. Urban Outfitters has announced a new rental programme allowing shoppers to rent six items of clothing for a monthly subscription. This move taps into growing concerns about fast fashion and sustainability, as well as building loyalty with the company's existing customer base. With more tech platforms disrupting the retail industry, this is one of many exciting new ways in which consumers can interact with the retail market.
‘Don’t drink fruit juice’, consumers told
Alibaba and L’Oréal team up to offer AI-based app for acne sufferers
Slow-moving growth reported for April online retail sales