Amazon reports 27% increase in second-quarter net sales
Amazon expects its net sales for the third quarter to be between $106bn and $112bn.
Market Data
Carrefour reports positive results for first half of the year
Carrefour expects its net free cash flow generation to come to more than €1bn ($1.19bn)...
Verlinvest funding to boost Indian D2C personal care brand Juicy Chemistry’s presence
Juicy Chemistry, a direct-to-consumer (D2C) brand selling personal care products, raised US$6.3 million in funding...
Miniso US posts 73% year-on-year increase in first-half sales revenue
Miniso plans to open stores in major US cities, some featuring a new look in-store,...
ONS data shows 0.5% increase in UK retail sales for last month
Sales improved by 9.5% during the month compared with their pre-pandemic levels from last February.
Next reports 18.6% increase in full-price sales from two years prior
The fashion retailer has raised its full-price sales guidance for the rest of the year to 6%.
Investment giant Apollo hopes to join Morrisons takeover
The UK’s fourth largest supermarket chain is at the center of a takeover bid from a consortium bolstered by the backing of Apollo, a multi-billion-dollar investment management firm.
Robot issues cause fire outbreak at Ocado once again
Ocado has been forced to cancel thousands of orders due to a robot collision which caused a blaze, the second incident of this nature.
NRF reports 0.6% monthly increase in US retail sales in June
In its revised forecast for the year, the NRF expects US retail sales to grow by between 10.5% and 13.5% against 2020 levels.
Major retailers face scepticism over sustainability claims
Retailers need to “do more to convince consumers of their concern for the environment” as consumers remain sceptical over sustainability claims, according to a new study conducted by UK-based consumer research agency Impact.
BRC reports 27.6% drop in UK retail footfall in June
Most of the UK's Covid-19 related restrictions are expected to be lifted on 19 July.
