Frasers Group posts 12.7% revenue rise in first half of FY23
The company attributed most of its revenue growth in the period to acquisitions.
Costco records 8.1% rise in net sales for first quarter of FY23
The company’s Q1 comparable sales grew by 6.6%, driven by its US and Canada businesses.
The Metaverse: Macroeconomic trends
Gaming and social media companies are at the vanguard of metaverse development, but enterprises will lead the charge in the…
Amazon facing lawsuit in US for misusing delivery driver tips
The OAG is demanding a court order to prevent Amazon from engaging in such practices in the future.
Dollarama posts 14.9% sales growth for third quarter of FY23
The retailer expects its comparable store sales growth for the full year to be between 9.5% and 10.5%.
Sportsman’s Warehouse records 10.3% net sales drop in Q3 2022
The retailer expects its full-year net sales to be between $1.39bn and $1.41bn.
Asda planning to open 300 more Asda Express stores by 2026
The retailer will open Express stores in Wiltshire, Essex and Surrey next year.
Casey’s registers revenue of $8.43bn for first half of FY23
The retailer expects its same-store inside sales for the full year to be around 5-7%.
BRC data shows 4.2% increase in UK retail sales for November
Black Friday discounts boosted the increase in retail sales during the month.
Meijer to open first two Meijer Grocery stores in US next month
Each store will range from 75,000ft² to 90,000ft² in size and feature local brands.
IKEA introduces solar-powered cargo bikes for parcel deliveries
The solar-powered cargo bikes aim to offer a more sustainable, accessible and cost-effective alternative to IKEA’s delivery fleet.
Sainsbury’s invests £50m to help customers cope with cost of living
The investment would take the company’s two-year total spending in lowering prices to £550m ($670m) by next March.
Woolworths Group’s IT hiring activity declines 8.1% in November 2022
Australia-based company Woolworths Group’s IT hiring declined 8.1% in November 2022 when compared with the previous month, according to GlobalData’s…
NIKE’s IT hiring activity declines 17.2% in November 2022
US-based company NIKE’s IT hiring declined 17.2% in November 2022 when compared with the previous month, according to GlobalData’s Job…
Amazon’s IT hiring activity declines 50.7% in November 2022
US-based company Amazon’s IT hiring declined 50.7% in November 2022 when compared with the previous month, according to GlobalData’s Job…