Costco reports rise in Q1 2025 sales and earnings
Costco Wholesale has reported an 8.2% increase in net sales in the first quarter (Q1) of fiscal 2026, which ended on…
Industry
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Woolworths partners DoorDash to extend fast grocery delivery
Woolworths has partnered US-based delivery platform DoorDash as it moves to broaden its grocery fulfilment options across Australia. The Australian…
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Best Buy lifts full-year 2025 outlook even as Q3 profit weakens
Best Buy has raised its outlook for the 2026 fiscal year, projecting higher revenue and earnings despite posting weaker profit…
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Kingfisher raises 2026 profit guidance despite weaker UK and Polish markets
Kingfisher, the parent company of B&Q, Screwfix and other retail brands, has raised its profit forecast for the 2026 financial…
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AO World lifts profit guidance as revenue and earnings rise
UK online electricals retailer AO World has raised its full-year profit expectations after reporting higher sales and earnings for the…
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US retailer Kohl’s confirms Michael Bender as CEO
US-based omnichannel retailer Kohl’s has appointed Michael Bender as CEO, effective from 23 November 2025, Bender has been the company’s…
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Walmart opens first branded store in South Africa at Roodepoort
Walmart has launched its first store under the Walmart name in South Africa, located at Clearwater Mall in Roodepoort, west…
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Zara workers plan Black Friday 2025 protests in Europe over profit-sharing
Workers at Zara are preparing coordinated protests across seven European countries on Black Friday 2025, which falls on 28 November,…
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Kering plans investment unit to ease reliance on Gucci
French luxury fashion conglomerate Kering’s CEO Luca De Meo is preparing to launch a new investment platform, as reported by Reuters…
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M&S widens search for larger sites to accelerate food store growth
British multinational retailer Marks & Spencer (M&S) has widened its search for new and revamped food outlet sites. It has…
