27 July 2026
27 July 2026
Walmart has recalled more than 16,800 fabric dressers sold through its online marketplace in the US after the products failed mandatory federal safety standards.
The company said the quarterly loss was mainly due to a $328m fair-value loss related to convertible redeemable preferred shares.
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.
GlobalData research shows retailers are replacing chatbots with specialist AI agents that perform defined business roles.
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.
Retailers investing in energy upgrades to meet 2027 net-zero deadlines risk wasting millions if their building fabric is compromised by undetected water damage.
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.
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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