Consumer and retail in the news

Issue 475

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

Iceland unveils interest-free loans scheme to combat cost of living crisis
(Retail Gazette)

Snapchat secures 1 million premium subscribers in effort to increase revenue
(Charged Retail)

Prada looks to secure $1 billion in Milan listing
(Charged Retail)

Uber Eats partners with Office Depot for school essentials
(Charged Retail)

Ted Baker agrees to a takeover by ABG, US Reebok owner
(The Guardian)

ALDI boosts pay for warehouse staff
(The Retail Bulletin)

ASDA launches loyalty scheme
(Retail Gazette)

Watches of Switzerland sees increase in demand
(Retail Gazette)

The Body Shop net revenues fall by 25.3%
(Retail Sector)

Ikea reveals plans to liquidate its Russian unit
(Retail Gazette)