04 December 2023
04 December 2023
Among the UK regions, Wales reported the smallest YoY drop in footfall at 0.4%, followed by Scotland with 0.9%.
The company is also using a $2.2bn investment to open new stores and pickup points across the country.
The store features fruit and veg, fresh food, cupboard staples, food-to-go, cupboard staples and freshly baked goods.
The retailer expects adjusted diluted earnings per share of between $4.50 and $4.60 for the full year 2023.
The retailer expects a full year diluted loss per share of between $46.00 and $50.00.
The deal marks a significant milestone in Seven & i's journey to expand the 7-Eleven empire.
The company expects to save $300m by cutting spending in non-strategic areas.
Orders can be fulfilled in as little as an hour, while shoppers can schedule deliveries for days in advance.
Womenswear is expected to grow at a CAGR of >7% between 2022 and 2027 (per GlobalData), as more female consumers take up outdoor sporting activities and more brands launch female focused ranges, including fashion players like H&M and Zara.
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Although personalization is a theme that has been present in the retail industry for decades, it has become more prevalent and important to consumers in recent years. This increase is tied to the rise of online shopping. Personalized products are currently especially prevalent in the health & beauty sector, due to the links to the health & wellness trend, which is particularly important to young consumers.
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