Next lowers full-year revenue and profit guidance
Total group sales at Next were up by 11.5% to £4.9bn in the year to 31 January 2022, compared to the same period in 2019/20. Full price sales up 12.8%
Source: drapersonline.com
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Gap and Next's joint venture agreement bears fruit
Gap Inc and Next Plc have announced the opening of the first Gap-branded shop-in-shop within Next’s store on London’s Oxford Street.
Source: just-style.com
Retailers get business-critical IT and data management in order
Decathlon and Toolstation are among the retailers investing in new technology to support business-critical applications and better data management.
Source: computerweekly.com
Ikea hopes to fill 150 tech roles across Europe this year
Swedish furniture brand Ikea has plans to hire more than 150 tech and data workers across Europe in 2022
Source: computerweekly.com
Retailers mired by manual data integration
Retail relies on third-party data sources to drive business decisions and competitive pricing, but many struggle to pull in this data.
Source: computerweekly.com