Amazon prepares further layoffs, with retail division among those hit – report
Amazon is planning a new round of corporate job cuts next week as it moves to eliminate approximately 30,000 white-collar…
All articles by Kuldeep Jha
Kuldeep Jha
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Anta Sports weighs Puma bid as Chinese and Japanese rivals circle
Chinese sportswear maker Anta Sports Products is assessing a possible offer for Puma, joining a growing field of potential suitors…
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Best Buy lifts full-year 2025 outlook even as Q3 profit weakens
Best Buy has raised its outlook for the 2026 fiscal year, projecting higher revenue and earnings despite posting weaker profit…
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Kohl’s trims full-year 2025 sales outlook as Q3 earnings weaken
US-based omnichannel retailer Kohl’s has lowered its expectations for full-year 2025 performance after reporting softer sales and earnings in the…
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Kingfisher raises 2026 profit guidance despite weaker UK and Polish markets
Kingfisher, the parent company of B&Q, Screwfix and other retail brands, has raised its profit forecast for the 2026 financial…
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AO World lifts profit guidance as revenue and earnings rise
UK online electricals retailer AO World has raised its full-year profit expectations after reporting higher sales and earnings for the…
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France seeks court-ordered three-month suspension of Shein website
The French government will ask a Paris court to impose a three-month nationwide suspension of Chinese fast-fashion platform Shein, following…
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Australia’s Famous Footwear to shut down
Australian shoe retailer Famous Footwear is set to permanently shut down all its stores after more than 25 years. In…