Walmart announces $700m investment in Guatemala over five years
Retail giant Walmart is pouring further resources into Central America, announcing a $700m investment plan for Guatemala over the next…
All articles by Luke Martin
Luke Martin
Luke joined GlobalData as a Trainee Reporter in April 2023, having graduated from the University of Manchester with a BA (Hons) degree in History. Initially, Luke wrote for Just Auto, covering the automotive industry, but now writes for Packaging Gateway, Retail Insight Network and Hotel Management Network.
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Walmart expands Neighborhood Market format with larger stores
Walmart is revamping its popular Neighborhood Market concept with the opening of two new, larger stores. These stores mark the…
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Shopify overturns $40m patent infringement verdict
E-commerce giant Shopify has scored a legal victory after a Delaware, US, federal court overturned a jury's decision that required…
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Superdry faces potential sale if creditor approval for rescue plan fails
Troubled clothing retailer Superdry is preparing for a potential fire sale if creditors reject its restructuring plan, according to documents…
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Amazon revs up sustainable deliveries in the UK with micromobility hubs
Amazon is revamping its delivery network in the UK with a focus on sustainability. The company is implementing a network…
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ASOS targets booming Indian fashion market with Reliance Retail partnership
GlobalData, a leading data and analytics company, sees ASOS’ new partnership with Reliance Retail as a strategic move to capture…
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Walmart sails through inflation with strong sales, ups outlook
US retail giant Walmart reported a positive first quarter (Q1) for financial year 2024 (FY24), exceeding analyst expectations and raising…
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Currys unveils store revamp to boost customer experience
Currys, a leading British electronics retailer with a strong omnichannel presence, has announced a major investment in its physical stores.…
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Spinneys reports strong start to 2024 with record sales
Spinneys, a leading fresh food retailer in the United Arab Emirates (UAE) and a recent Dubai Financial Market listee, has…
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Tesco CEO’s pay doubles to £10m amidst soaring profits and staff concerns
Tesco, the UK's largest supermarket chain, has sparked controversy after it was found that CEO Ken Murphy's pay package doubled…