All articles by Jangoulun Singsit
Jangoulun Singsit
Roots’ total sales decreased 3.7% to $41.5m in Q1 FY23
The retailer’s corporate retail store and e-commerce sales declined by 5.3% over Q1 FY23.
Kirkland’s reports an operating loss of $10.3m in Q1 FY23
The retailer’s gross profit for Q1 was $25.9m, which is 26.7% of net sales.
Amazon workers announce three new strike dates
The retailer is accused of flooding the warehouse with up to 1,000 new employees since the start of the strike.
Apparel Group to open more than 20 Clarks stores in Saudi Arabia
The new stores will enable Clarks to serve a larger audience and the demand for meet quality footwear in KSA.
Aldi plans to open five UK stores in the coming weeks
The new stores will generate approximately 40 jobs for local communities.
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Fielmann Group agrees to acquire SVS Vision and Befitting
These acquisitions are in line with the company’s Vision 2025 growth strategy.
Inditex’s net income increased 54% in Q1 FY23
The company reported a positive performance in all geographical areas and all concepts during the quarter.
Dollarama’s sales grew 20.7% in fiscal 2024 Q1
The retailer’s sales for the quarter were driven by growth in its store portfolio and comparable store sales.
American Outdoor Brands sues Vista over patent infringement
The outdoor retailer seeks to make Vista withdraw the infringing products from the market and provide compensation.
Asda to launch free grocery delivery trial for a limited time
Delivery Pass service offers free delivery on online orders and saving of up to £199 per year.