Walmart Q1 revenue rises 7.3%, maintains fiscal 2027 outlook
Walmart has reported revenue of $177.75bn in the first quarter of fiscal 2027 (Q1 FY27), supported by continued e-commerce expansion…
All articles by Shubhendu Vimal
Shubhendu Vimal
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US appeals court rejects whistleblower tariff fraud claims against Amazon
A US federal appeals court has upheld the dismissal of a whistleblower lawsuit that accused Amazon of helping foreign fur…
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M&S profit falls 23.8% after cyber incident disrupts first half
Marks and Spencer (M&S) has reported a steep fall in earnings for the year ended 28 March 2026, after a…
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Lowe’s quarterly profit dips despite revenue surge
Lowe's Companies posted a marginal fall in first-quarter net profit for fiscal 2026, even as revenue climbed sharply against the…
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Target lifts full-year sales outlook after Q1 revenue rises 6.7%
US retailer Target has revised its full-year net sales growth outlook upward following a 6.7% year-on-year (YoY) rise in first…
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Home Depot Q1 profit falls as cost growth outpaces revenue
US home improvement retailer The Home Depot posted first-quarter fiscal 2026 net sales of $41.76bn, a 4.8% year-on-year (YoY) increase,…
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Banana Republic names PVH veteran Donald Kohler as global chief
US-based fashion retailer Gap has appointed Donald Kohler as global brand president and CEO of Banana Republic. He is to…
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Target names Jeff England as supply chain chief
US retailer Target has appointed Jeff England as executive vice president and chief global supply chain and logistics officer, with…
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UK Treasury urges supermarkets to freeze prices on food staples – report
The UK Treasury is in discussions with major supermarkets about voluntarily capping prices on essential food items, offering regulatory concessions…
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French luxury retailer Dior to limit price rises amid brand reset – report
Christian Dior CEO Delphine Arnault has signalled a cautious pricing strategy as the French luxury house undergoes a creative overhaul…