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The company said the quarterly loss was mainly due to a $328m fair-value loss related to convertible redeemable preferred shares.
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Explaining the decision, Seven & i said it was unable to reach an agreement with the seller on terms it considered to be in the best interests of its shareholders and other stakeholders.
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GlobalData research shows retailers are replacing chatbots with specialist AI agents that perform defined business roles.
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Shoplifting in the UK has started to fall as retailers increase investment in crime prevention and work more closely with police, government agencies and other partners.
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Retailers investing in energy upgrades to meet 2027 net-zero deadlines risk wasting millions if their building fabric is compromised by undetected water damage.
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Under the current framework, FDI is allowed in business-to-business e-commerce and the marketplace model, but not in business-to-consumer, e-commerce or the inventory-based model.
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Net sales for the first six months reached €39.43bn, rising 2% at current exchange rates and 1.7% on a constant-currency basis.
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