Costco hit by US class action over salmonella risk claims
US-based retailer Costco Wholesale is facing a proposed US class action alleging undisclosed salmonella risks at a Nebraska chicken plant.…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Lowe’s cuts 600 corporate roles to prioritise store operations
US home improvement retailer Lowe’s is eliminating approximately 600 positions across its corporate and support functions. The reduction accounts for…
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SPAR rolls out AI loss-prevention tech via Veesion partnership
Supermarket chain SPAR International has partnered with Veesion to offer AI-based loss-prevention technology to SPAR-licensed operators worldwide. Under the agreement,…
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Nothing opens first India store in Bengaluru
UK consumer technology company Nothing has launched its first retail outlet in India, opening a new store in Bengaluru as…
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Amazon faces fresh Italy tax investigation after Milan raids
Italian tax police (Guardia di Finanza) searched Amazon’s Milan headquarters and managers’ homes amid a fresh investigation into the company’s…
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Hermès reports €16bn 2025 revenue with higher operating profitability
French luxury house Hermès lifted revenue to €16bn ($18.98bn) in 2025, up 5.5% at current exchange rates from €15.17bn in…
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Suppliers seek safeguards over consignment stock in Saks DIP talks – report
Saks, its suppliers and debtor-in-possession (DIP) lenders are negotiating whether consigned luxury goods can be treated as collateral under the…
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Carrefour enters talks to sell Romanian operations to Paval Holding
French retailer Carrefour has entered exclusive negotiations to sell its entire Romanian operations to Paval Holding. The deal value is…
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Ahold Delhaize lifts Q4 profit, sets 2026 outlook
Food retailer Ahold Delhaize reported stronger Q4 earnings and double-digit online growth, while outlining investment plans and financial guidance for…
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Shopify posts 30% revenue growth and launches $2bn buyback
Canadian e-commerce platform Shopify reported a 30% rise in annual revenue to $11.55bn and authorised a $2bn share repurchase programme.…