US court overturns Amazon injunction against Perplexity AI
A US appeals court has overturned an injunction that had temporarily stopped Perplexity from using its AI-powered shopping tools on…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Zalando trims FY26 outlook despite strong Q2 revenue growth
German online fashion retailer Zalando reported second-quarter group revenue of €3.42bn ($3.94bn), a 20.8% increase, while narrowing its full-year guidance.…
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Wayfair narrows quarterly loss on strong US revenue growth
Online home goods retailer Wayfair posted net revenue of $3.51bn for the second quarter ended 30 June 2026, marking a…
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Sycamore Partners nears $350m sale of Hot Topic – report
Sycamore Partners is in advanced discussions nearing a deal to sell retailer Hot Topic to Spencer Spirit Holdings for approximately…
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Weston family’s revised Boots bid leaves deal in doubt – report
Takeover discussions between the Weston family and Boots owner Sycamore Partners have stalled after the family amended its offer for…
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John Lewis targets fitness boom with new store concept
John Lewis has launched a Sports & Wellness department at its Oxford Street branch in London, UK, the first of…
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Ibotta becomes exclusive CPG offers provider for 7-Eleven
Digital promotions network Ibotta has partnered with 7-Eleven to serve as the sole third-party provider of consumer-packaged goods (CPG) offers…
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Amazon faces class action over seafood sustainability claims
Amazon is facing a proposed class action in the US over allegations that it misrepresented the environmental sustainability of seafood…
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EU alleges Temu obstructed foreign subsidies inspection
The European Commission (EC) has issued a Statement of Grounds (SoG) to Temu owner PDD Holdings and Irish subsidiary WhaleCo,…
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Couche-Tard agrees Żabka acquisition in 32.62bn-zloty deal
Canadian convenience store retailer Alimentation Couche-Tard has agreed to acquire the entire issued and outstanding share capital of Polish convenience…