Kroger Q1 FY26 earnings rise on stronger sales
Kroger posted higher first-quarter earnings and revenue for fiscal 2026 (FY26), reaffirming its full-year outlook across key financial targets. The US …
Post
-
-
Morrisons Q2 sales reach £4bn as LfL growth extends to 14th quarter
Morrisons has reported total sales of £4bn ($5.29bn) for the second quarter (Q2) of its 2025/2026 financial year, with group …
-
Shein launches Xcelerator in the Middle East
Shein is expanding its Xcelerator into the Middle East as a new survey highlights that younger consumers are prioritising value …
-
Allbirds sells IP, rebrands as Smartbird in AI infrastructure shift
US retailer Allbirds has offloaded its brand and footwear intellectual property (IP) to American Exchange Group (AEG) and WSG Brands, …
-
John Lewis to spend £50m upgrading five stores in 2026
John Lewis has announced a £50m ($66.5m) investment across five UK stores this year, with Glasgow set to receive more …
-
Retailers must stop designing stores for the ‘average customer’
The era of the average shopper is ending, and retailers that continue to organise stores around broad demographic groups risk …
-
Record Father’s Day spending highlights US consumer resilience
Father’s Day spending in the United States is projected to reach a record $27.9bn, according to data from the National …
-
French retailer Carrefour targets 5,000t plastic reduction
French retailer Carrefour plans to remove more than 5,000 tonnes (t) of plastic from product packaging and pass savings to …
-
Amazon may face FTC lawsuit with billions in civil penalties — report
Amazon could face legal action from the US Federal Trade Commission (FTC) in a case that may expose the company …
-
Aldi to open 16 UK stores in latest expansion push
German discount supermarket chain Aldi is set to open 16 new stores across the UK over the coming months, as …
-
Tendam posts 26% profit rise, targets 100 store openings
Spanish clothing retailer Tendam Brands reported a 26% increase in net profit, reaching €111.7m ($129.6m) for the financial year ended …
-
Retailers in Europe scale up AI investment
European retailers are increasing investment in artificial intelligence (AI) as they seek to improve efficiency, manage costs and adapt to …
-
US Supreme Court declines Macy’s plea over NLRB worker ruling — report
The US Supreme Court has refused to hear Macy's challenge to a labour board ruling that requires the retailer to …
-
El Corte Inglés net profit rises 22.8% in FY25
Spanish retail group El Corte Inglés reported net profit of €628m ($728.6m) for the financial year ending 28 February 2026, …
-
Alibaba in talks to acquire Chinese grocery delivery company — report
Alibaba is in discussions to acquire Chinese on-demand fresh-grocery delivery platform Pupu in a deal reportedly worth $1.5bn. A Nikkei Asia …
