Consumer and retail in the news

Issue 490

Here are this week's top stories in the consumer and retail sector:

Fashion retailers experience stock pile-up due to last year's supply issues and lacklustre demand
(Retail Gazette)

Black Friday sales see increase on last year
(Charged Retail)

A third of Oxford Street's American candy stores shut down
(Retail Gazette)

Pet owners to continue spending on pets this Christmas amid cost of living crisis
(Retail Times)

Ex-Deliveroo executive launches sustainable quick commerce platform Bodo
(Charged Retail)

Franchisees now run three-quarters of Getir's 100 UK-based dark stores, just a year after the company launched the model
(Charged Retail)

Ikea invests £12 million into cost-of-living support for UK staff, including an average pay rise of 6%
(Retail Gazette)

Bargain basement retailer faces huge losses during cost of living crisis
(The Guardian)

M&S expands product personalisation capabilities in a bid to increase Christmas sales
(Charged Retail)

45% of Primark's clothes now contain recycled materials (up from 25%)
(Retail Gazette)