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Aritzia sales boom in US by luring Gen Z with super puff jacket

Bloomberg Aritzia Inc is winning over American teens and 20-somethings with a playbook that looks out of step with today’s often bleak retail environment. The company offers high-touch service, including personal shoppers. Discounts are rare. And it’s making locations bigger instead of shrinking them. “The stores are beautiful, and the service is excellent,” said Mark Petrie, analyst at CIBC World ...

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Budget grocers Lidl, Aldi hike prices

  Bloomberg German discounters Lidl and Aldi raised prices more sharply than other supermarkets in the UK last month as food inflation spreads to every area of grocery. Shoppers at Lidl saw their bills rise by 21.1% last month versus a year earlier and Aldi was close behind with a 20.8% increase, according to a report from Which, a consumer ...

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Britishvolt’s debacle reinforces UK car sector’s existential dread

  Bloomberg The writing was on the wall when Britain finalized its break from the European Union: The UK sorely lacked the battery manufacturing capability that would be absolutely critical to the auto industry’s future, leaving the country’s already declining car sector in a make-or-break bind. The failure of Britishvolt Ltd. to get past the stage of developing prototypes for ...

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