Brazilian court agrees to seize emails from retailer Americanas
The Brazilian retailer owes around $8.1bn to a variety of creditors.
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Morrisons posts 2.2% full-year revenue rise for fiscal 2021/22
The retailer will continue to invest in its store portfolio by opening new supermarkets and upgrading its core estate.
H&M registers 12% rise in full-year net sales for fiscal 2022
The company recorded a profit after tax of Skr3.56bn ($345.6m) for the year.
Currys introduces Quiet Hour for its neurodiverse customers
Until 11am every Monday to Friday, the retailer will reduce noise and keep lights low in its stores.
WPF Holdings buys online and e-commerce assets of KPOP 1004
The assets will be placed within K-Shop, a newly formed subsidiary of WPF.
METRO records 8.2% sales increase for first quarter of FY23
The company’s net earnings for the quarter were C$231.1m ($172.8m).
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Tesco to launch recycled plastic trays for fresh fish products
The move is expected to remove around 500t of plastic from the environment a year.
Henkel buys Shiseido Professional to gain a grip on Asia professional haircare market
Shiseido Professional, a premium salon-only brand of the Japanese multinational cosmetics heavyweight Shiseido, has a presence in 120 countries.
Primark registers 18% sales growth for 16 weeks to 7 January
The fashion retailer plans to open 17 stores in different markets in this financial year.
Amazon introduces its Amazon Air cargo service in India
Quikjet will transport Amazon shipments to cities such as Hyderabad, Bangalore, Delhi and Mumbai.
Bremont sells minority stake to Bill Ackman and his affiliate
The company will use the investment to open boutiques and expand its wholesale business.
Walmart launches e-commerce site for SMB and non-profit customers
Walmart Business offers a curated assortment of more than 100,000 items for organisational shoppers.
Reliance Retail posts 17.2% YoY growth in revenue for Q3 2023
The company’s net profit rose by 6.2% to Rs24bn ($295.4m) in the quarter.
Kroger works with Google and Deloitte to increase productivity
The new apps are designed to automatically generate tasks and prioritise ‘impactful’ work for Kroger’s US colleagues.
Argos announces plans to close all its stores in Ireland
The move is expected to affect 580 Argos employees in the country.
Nordstrom’s sales fell by 3.5% during nine-week Christmas period
The retailer expects earnings of between $1.33 and $1.53 for each diluted share in fiscal 2022.