Albertsons’ Q3 FY24 net sales growth fuelled by identical sales
US supermarket chain Albertsons Companies has reported a 1.2% increase in net sales and other revenue, reaching $18.77bn for the…
All articles by Jangoulun Singsit
Jangoulun Singsit
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Japan cites security concerns over potential Seven & i acquisition
Japanese Economy Minister Ryosei Akazawa has addressed the potential acquisition of retail conglomerate Seven & i by a foreign entity,…
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0.8% rise in Australia’s November 2024 retail turnover boosted by Black Friday
The Australian retail sector witnessed an uptick in November 2024, with the Australian Bureau of Statistics (ABS) reporting a seasonally…
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KKR weighs up sale of Japanese supermarket chain Seiyu
American private equity company KKR is contemplating the divestment of its majority stake in Seiyu, a Japanese supermarket chain, as…
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Carrefour ceases operations in Oman
French multinational retail giant Carrefour has officially terminated its operations in the Sultanate of Oman. No specific reasons have been given. …
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Italian shoe retailers team up with Impact Analytics for gen AI
Impact Analytics, a provider of artificial intelligence (AI)-native solutions for retail and other industries, has partnered with two Italian footwear retailers,…
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Pensa Systems links with Databricks to roll out retail shelf AI
Retail AI innovator Pensa Systems has formed a partnership with Databricks, a data and AI company. The collaboration introduces Pensa's…
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Aldi triumphs with record-breaking £1.6bn Christmas sales
Supermarket chain Aldi UK has reported its most successful Christmas ever in 2024, with sales surpassing £1.6bn in the month…
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Next upgrades 2024/25 profit outlook after festive sales surge
British fashion retailer Next has revised its profit forecast upward once again after experiencing a robust Christmas season. In the…
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UK total retail sales growth rises 3.2% YoY in December 2024
UK total retail sales saw a 3.2% year on year (YoY) growth in December 2024, surpassing the growth of 1.9%…