23 May 2024

Asda removes 1.6m units of inaccurate inventory

UK supermarket giant Asda has extended its technology partnership with store operations execution software provider Retail Insight to improve stock accuracy across its network. Asda and Retail Insight conducted a…

23 May 2024

Target’s net earnings drops 0.8% in Q1 FY24

US retailer Target has reported that its net earnings for first quarter (Q1) of fiscal 2024 (FY24) declined by 0.8% to $942m, compared to $950m in the same period of…

23 May 2024

M&S reports 41.4% rise in PBT for fiscal year 2023/24

British multinational retailer Mark & Spencer (M&S) has announced a substantial increase in its financial performance for the fiscal year 2023/24, with profit before tax (PBT) soaring by 41.4% to…

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