Tesco to face profit stagnation in 2023 as inflation persists
Tesco, Britain’s largest retailer, which recently reported a 6.9% decline in its adjusted operating profit across its retail and bank…
All articles by Mohamed Dabo
Mohamed Dabo
Mohamed Dabo is a seasoned journalist with extensive experience in financial reporting. He brings a wealth of knowledge from his previous work in the United States and France, along with his numerous contributions to business and financial publications over the years.
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Sainsbury’s, Tesco cut milk prices raising hopes of a decline in food inflation
Sainsbury's has decided to reduce the price of its four-pint store- brand bottle to £1.55 ($1.94), a day after Tesco…
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Groceries take a backseat as Britons spend more on TV subscriptions
The data published by Barclays earlier this week (11 April) showed that last month, grocery spending decreased by 0.5%, while…
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Online shoppers shift priorities away from fast delivery
While online retailers have been competing fiercely to offer the fastest delivery times, a recent report by US publication, The…
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Adapting to a new reality: strategies for retailers to survive and thrive
To survive and thrive in today’s business environment, retailers must be willing to adapt and innovate. An effective strategy for…
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Future of retail: Why brick-and-mortar is not dead
The rise of e-commerce giants like Amazon and the convenience of online shopping have led to widespread pessimism about the…