Best Buy reiterates FY27 guidance after Q1 revenue and earnings rise
US-based electronics retailer Best Buy has reaffirmed its full-year fiscal 2027 (FY27) guidance after reporting higher revenue and earnings in …
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EC fines Temu €200m over DSA breaches tied to illegal products
The European Commission (EC) has imposed a €200m ($233m) penalty on Chinese-owned online marketplace Temu under the Digital Services Act, …
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AWS enables retailers to build AI shopping assistants on its cloud
Amazon Web Services (AWS) is making Amazon’s AI shopping technology available to retailers, allowing brands to build conversational shopping assistants …
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AI-driven scam stores put retailers on alert
Retailers and payment providers are facing a growing wave of AI-powered online scam stores as fraudsters use generative AI tools …
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Costco reports higher revenues and net income in Q3
Costco Wholesale Corporation reported higher revenue, operating income and net income for the third quarter (Q3) and the first 36 …
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EU investigates possible foreign subsidies in JD.com bid for Ceconomy
The European Commission (EC) is examining whether JD.com may have received foreign subsidies that could distort the European Union (EU) …
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Why compliance is now shaping what retailers stock
Retailers are increasingly making assortment decisions based not only on consumer demand, but on environmental compliance rules that directly affect …
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FCA: UK retailers face rising scrutiny over financial services
UK retailers offering financial products are entering a period of closer regulatory scrutiny as the Financial Conduct Authority (FCA) increases …
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Miniso Q1 2026 profit triples to 1.25bn yuan
Chinese budget retailer Miniso’s first quarter (Q1) profit tripled year-on-year (YoY) to 1.25bn yuan ($180.9m), from 416.5m yuan in the …
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EU set to open “in-depth” review of JD.com bid for Ceconomy
The European Commission (EC) is expected to launch an “in-depth” investigation into JD.com’s proposed takeover of German electronics retailer Ceconomy, …
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Retail and services drive China’s e-commerce growth in first four months of 2026
China’s e-commerce industry maintained growth from January to April 2026, with online consumption continuing to support retail sales and demand …
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UK retailers urge Starmer to impose £2.60 charge on low-value imports – report
A group of 15 UK retailers has urged Prime Minister Keir Starmer and Chancellor Rachel Reeves to impose a £2.60 ($3.50) charge …
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Cost pressures squeeze UK retailers trying to keep prices low
UK retailers are under renewed pressure to hold down prices as shop inflation rises again, driven by higher energy costs …
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South Korea’s online retail crosses 60% share for first time
Online retail accounted for the majority of total sales among South Korea’s major retailers in March. According to the South Korean …
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Olive Young to debut first US store in Pasadena, California
South Korean health and beauty retailer Olive Young is entering the US physical retail market with a store in Pasadena, …
