Walmart’s Mexico unit evaluating Central America operations
The company currently operates around 860 stores in Central America.
Jangoulun Singsit
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Associated British Foods reports 19% rise in 16-week group revenue
The group has kept its previous outlook for its adjusted operating profit and adjusted earnings per share (EPS).
Amazon introduces first physical fashion store in California
The first Amazon Style store will open later this year at The Americana at Brand in Glendale, California.
ABFRL to deploy Algonomy’s ‘hyper-personalisation’ solutions
The solutions are designed to offer a one-on-one shopping experience across all consumer channels.
Burberry reports rise in third-quarter store sales for FY22
The company expects its current-year adjusted operating profit to grow by 35% compared with a year earlier.
Aldi opens checkout-free store concept in London for trials
Customers will be charged automatically for their shopping via their chosen payment method after leaving the store.
Parkland agrees to buy frozen food retailer M&M Food Market
The acquisition is intended to improve the customer value proposition of Parkland’s ON the RUN brand.
THG registers 37.9% increase in full-year revenues for FY21
The company expects its full-year revenue to grow by between 22.0% and 25.0% year-on-year.
ABFRL to buy majority stake in Indian lifestyle brand Masaba
Masaba expects to generate annual revenues of Rs5bn ($67.3m) over the next five years.