Consumer and retail in the news

Issue 562

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

Morrisons buys 38 Channel Islands convenience stores
(The Retail Bulletin)

Amazon to unveil a £500 million robotics-driven warehouse
(Retail Gazette)

Vinted makes its first profit in pre-loved clothes boom
(BBC News)

Younger generations are snubbing mined diamonds
(Financial Times - you may require a subscription to view this article)

The Fragrance Shop's profits surge after experimental flagship
(Retail Gazette)

Revolut introduces independent crypto trading platform
(The Block)

Aldi recognised as April's most affordable supermarket in the UK
(Retail Sector)

Ocado rises as its UK market share reaches new peaks post-lockdown
(Proactive)

Sainsbury's provides herbs and spices at no cost
(Retail World)

April sees decline in restaurant and retail spending
(Barclays)

UK gaming events revenue surges 140%
(Esports News)