Currys reports 1% revenue growth in H1 FY24/25
UK-based omnichannel consumer electronics retailer Currys has reported a modest 1% increase in total revenue for the first half (H1) …
Post
-
-
Albertsons sues Kroger over failed US retail mega-merger
Albertsons has formally called off its $25bn merger with Kroger and sued its fellow US grocer over the failed deal. The …
-
Stop & Shop unveils in-store Savings Station coupon kiosks
American supermarket chain Stop & Shop has revealed plans to deploy in-store Savings Station kiosks across its locations, giving easier …
-
Albertsons quits merger and files suit while Kroger calls claims ‘baseless’
US grocery retail giant Albertsons has officially abandoned its planned merger with Kroger, citing recent legal setbacks as the impetus …
-
Macy’s Q3 sales dip 2.4% as FY24 outlook is revised
US department store chain Macy's has recorded a 2.4% decline in net sales during the third quarter (Q3) of the …
-
Zalando proposes to acquire fashion retailer About You
European fashion and lifestyle e-commerce marketplace, Zalando has unveiled plans to acquire fashion retailer About You in a €1.2bn ($1.3bn) …
-
Declining cash use in UK puts digital in focus
Consumer reliance on cash has significantly declined across the UK, according to the latest survey by The Payments Association. The survey …
-
4 Retail Technology Trends Set to Transform Customer Experience in 2025
In an era where artificial intelligence can predict your next purchase and virtual try-ons have become commonplace, the retail landscape …
-
The renaissance of London’s Oxford Street is underway – but still has a long way to go
London’s Oxford Street is undergoing a period of renaissance as retailers are investing in the street once again. However, there …
-
New store growth drives rise in Pepco Group’s FY24 revenue
European discount retailer Pepco Group has reported a substantial 10.2% year-on-year revenue growth in fiscal 2024 (FY24), reaching €6.16bn ($6.48bn) …
-
Kroger weighing “options” after US courts block $25bn merger with Albertsons
Kroger is “reviewing its options” after US courts blocked its $25bn merger with fellow retailer Albertsons, citing concerns over market …
-
US district court judge blocks $24.6bn Kroger-Albertsons merger
A US federal judge has imposed a temporary injunction on the proposed $24.6bn merger between grocery retailers Kroger and Albertsons, …
-
Opal strikes blow to UK organised retail crime with 93 arrests
A dedicated unit within the British national policing framework Opal, the intelligence unit focused on serious organised acquisitive offending, has …
-
US retailers face uncertainty over Trump’s tariffs and port strikes
The National Retail Federation (NRF) and Hackett Associates have highlighted rising import levels at major US container ports, driven by …
-
German authorities raid adidas HQ amid years-long tax probe
German law enforcement officials have executed a search operation at the headquarters of sports apparel brand adidas in Herzogenaurach. The action …
