Target posts 2.7% revenue growth in second quarter of FY24
US retail giant Target has reported total revenue of $25.45bn in the second quarter (Q2) of fiscal 2024 (FY24), up…
All articles by Jangoulun Singsit
Jangoulun Singsit
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TJX to acquire 35% stake in UAE’s Brands for Less for $360m
The TJX Companies, parent of US retail chain TJ Maxx, has made a definitive agreement to acquire a 35% stake…
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Foot Locker unveils re-imagined store concept in New York City, US
US footwear and apparel retailer Foot Locker has announced the re-opening of its flagship store on 34th Street in New…
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Decathlon to expand Indian operations with $111m investment
French sporting goods giant Decathlon has announced a significant investment of Rs9.33bn ($111.31m) in India. The expansion strategy will bolster…
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H&M announces closure of digital fashion outlet Afound
Sweden-based multinational fashion retailer H&M has announced the impending closure of its digital outlet, Afound, citing a lack of demand…
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Lowe’s reports net sales of $44.95bn in H1 FY24
US home improvement retailer Lowe's has reported net sales of $44.95bn in the first half (H1) of fiscal 2024 (FY24),…
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Food Lion invests $365m in store remodelling to improve customer experience
US-based supermarket chain Food Lion has announced a $365m investment to remodel 167 stores in Raleigh-Durham, North Carolina, and Mecklenburg…
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Waitrose to open 100 convenience stores as part of £1bn investment
Supermarket chain Waitrose has announced plans to open 100 convenience stores up to 2029 in a £1bn ($1.3bn) investment in…
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Walmart confirms sale of stake in China’s JD.com
US-based multinational retailer Walmart has divested its stake in Chinese e-commerce company JD.com to raise $3.74bn, a term sheet seen…
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Perigold to open first physical store in West Palm Beach’s CityPlace
Luxury home brand retailer Perigold has revealed plans to establish physical stores, with the first set to open in West…