Nordstrom assesses founding family’s take-private proposal
The board of directors of US-based department store chain Nordstrom has initiated an exploration into strategic alternatives, including a potential…
All articles by Jangoulun Singsit
Jangoulun Singsit
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Dunelm Q3 FY24 sales rise by 3% amid market volatility
UK-based homeware retailer Dunelm has announced a 3% increase in third quarter (Q3) sales for the fiscal year 2024 (FY24),…
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Amazon to expand third-party Just Walk Out technology stores
US e-commerce giant Amazon has announced its intention to expand the reach of its cashierless shopping technology, Just Walk Out,…
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Asos reports smaller loss before tax and improved gross margin in H1 2024
UK online fast fashion retailer Asos has reported a narrowed loss before tax of £270m ($360m) for the first half…
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UK CPI annual inflation rate dips to 3.2% in March 2024
The UK Consumer Prices Index (CPI) annual inflation rate has decreased to 3.2% in the 12 months to March 2024,…
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IKEA unveils first distribution centre in Ireland
Swedish home furniture retailer IKEA has inaugurated its first distribution centre in Ireland. Located in Rathcoole, Dublin, the new 27,000m² facility…
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7-Eleven closes acquisition of 204 US stores from Sunoco
Convenience store chain 7-Eleven has successfully closed the takeover of 204 US stores from independent fuel distributor Sunoco. The $1bn…
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Adidas reports 8% increase in currency-neutral revenues in Q1 FY24
Sports footwear and apparel brand Adidas has announced an 8% growth in currency-neutral revenues for the first quarter (Q1) of…
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Walmart to deploy Swisslog automation solution in Texas, US
Multinational retail corporation Walmart has partnered with Swisslog to implement an advanced automation solution in its Robinson facility in Texas,…
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UAE grocery chain Spinneys to float on Dubai Financial Market
Spinneys 1961, a grocery retail supermarket operator in the United Arab Emirates (UAE) and Oman, has announced its intention to…