France fines Boohoo UK €2.33m over misleading discounts
France's consumer watchdog has imposed a €2.33m ($2.72m) fine on UK online fashion retailer Boohoo following an investigation into misleading…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Walmart raises FY27 outlook after Q2 net sales rise 5.9%
Walmart reported second-quarter results for the period ended 31 July 2026, with net sales rising 5.9% to $186.10bn. The US…
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China blocks cooperation with EU probe into JD.com’s Ceconomy bid
China has ordered domestic entities not to cooperate with a EU investigation into e-commerce company JD.com, alleging that the probe…
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Target’s Q2 net earnings rose 100.8% on tariff refund boost
US retailer Target reported net earnings of $1.87bn for the second quarter (Q2) ended 1 August 2026, up 100.8% year-on-year…
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Amazon to expand drone delivery to nearly 500 US locations by 2026
US retail giant Amazon is set to expand its Prime Air drone delivery service to nearly 500 cities and towns…
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Lowe’s narrows FY26 guidance as DIY demand softens
Lowe's has narrowed its full-year 2026 (FY26) guidance, converting several previously ranged forecasts into single-point figures, as the US home…
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Academy Sports + Outdoors to open 11 stores this quarter
Academy Sports + Outdoors plans to open nine further stores this quarter across several US states, following the opening of…
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Gordon Brothers explores Poundland exit – report
US-based Gordon Brothers is exploring a sale of discount retailer Poundland almost a year after taking it over, Sky News…
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Ikea to launch UK second-hand furniture marketplace for members
Swedish retailer Ikea is preparing to launch a platform in the UK that will let customers buy and sell pre-owned…
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Morrisons cuts nearly 5,000 jobs as losses mount – report
UK supermarket chain Morrisons reduced its workforce by almost 5,000 roles in the year to October 2025 as the debt-laden…