Co-op reports 17% increase in underlying operating profit for FY23
British co-operative group Co-op has announced a 17% rise in its underlying operating profit for the fiscal year 2023 (FY23),…
All articles by Jangoulun Singsit
Jangoulun Singsit
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Levi Strauss posts $11m loss in Q1 FY24
US-based apparel brand Levi Strauss has reported a net loss of $11m in the first quarter of fiscal 2024 (FY24)…
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PCFWC study shows US grocers cut unsold food waste by 25%
US grocery retailers have achieved a significant milestone in food waste reduction, according to a recent study by the Pacific…
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VF and GMG to open 300 stores in MENA and SEA regions
Global lifestyle company VF is set to significantly increase its retail footprint in the Middle East and North Africa (MENA)…
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Carousell acquires LuxLexicon to boost luxury bag resale
Carousell Group, a multi-category platform for second-hand goods in southeast Asia, has acquired Singapore luxury bag reseller LuxLexicon. The strategic…
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Amazon to remove Just Walk Out technology from US Fresh stores
E-commerce giant Amazon has announced that it will discontinue the use of cashierless Just Walk Out technology at its Fresh…
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Lulu’s two hypermarkets in Makkah and Madinah show Saudi expansion
United Arab Emirates-based retailer Lulu Group is continuing its retail portfolio expansion in Saudi Arabia with the finalisation of two…
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REMA 1000 deploys Market Pay in-store payment solution
Norwegian grocery retail chain REMA 1000 has partnered with Market Pay to enhance its in-store payment experience. The collaboration will…
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Indigo accepts privatisation offer from Schwartz-controlled Trilogy
Canadian retailer Indigo Books & Music has agreed to be taken private after formalising an agreement with Trilogy Investments LP…
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Aldi UK pledges to cut more prices in 2024
Supermarket chain Aldi has committed to continue cutting prices in 2024 as it seeks to maintain its place as one…