Asda puts over 150 jobs at risk after Christmas sales slump
UK supermarket chain Asda has moved more than 150 roles into redundancy consultation, following weak Christmas trading that pushed its …
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Reliance Retail reports 2.7% profit rise in Q3
India’s Reliance Industries’ retail arm, Reliance Retail Ventures Limited (RRVL), posted a 2.7% increase in profit for the quarter ended …
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Saks Global draws $500m from financing as Chapter 11 proceeds
Saks Global has secured an initial tranche of $500m from a broader $1.75bn committed financing package as it advances through …
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Walmart overhauls leadership across US and international businesses
US retail giant Walmart has unveiled a broad set of executive changes spanning its US operations, international business and Sam’s …
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Mattel adds autistic Barbie to growing inclusive toy range
Mattel has introduced its first autistic Barbie doll, a new product in its Barbie Fashionistas inclusive toy range designed to …
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Why US retailers want new swipe fee legislation
US retail trade groups have intensified their push for swipe fee legislation as costs tied to credit card processing continue …
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US lawmakers face pressure over organised retail crime bill
The National Retail Federation (NRF) has renewed its call for the United States Congress to pass the federal retail crime …
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Richemont delivers double-digit sales growth in Q3
Swiss luxury retailer Richemont, the owner of Cartier, recorded an increase in group sales during the third quarter ended 31 …
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The hidden cost of product returns in e-commerce
Customers often overuse return policies. Especially when it comes to the fashion industry. Why not order several sizes and send …
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Cencosud sets $600m retail investment for 2026
Cencosud has outlined plans to invest $600m in 2026 as it looks to expand its retail ecosystem and support growth …
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Food Lion plans four new Carolinas stores for early 2026
US grocery retailer Food Lion has outlined plans to launch four additional stores across North Carolina and South Carolina during …
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Kroger expands grocery delivery reach through Uber platforms
Grocery retailer Kroger has introduced “on-demand and same-day” grocery delivery across the US through apps operated by Uber Technologies. It gives …
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NRF foundation raises $2.7m to support US retail training and careers
The 11th annual NRF Foundation Honors in New York City has raised $2.7m to back retail careers via training, scholarships …
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Saks Global files for Chapter 11 after securing $1.75bn financing
US-based luxury retailer Saks Global has secured $1.75bn in committed capital and filed for voluntary Chapter 11 protection as part …
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Evermore extends retail partnership network with United Supermarkets
Personalised health benefits platform company Evermore has signed a retail agreement with US retail chain United Supermarkets. As of this year, …
