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Retail
Spain's leading food retailer to cut prices of 500 basic products
April 13, 2023 01:25 AM AEST | By ReutersMADRID (Reuters) - Spain's leading supermarket chain, Mercadona, will lower the prices of at least 500 basic food products, it said on Wednesday, amid...
In the background, Inditex heiress sets tone for Zara revamp
March 31, 2023 05:09 PM AEDT | By ReutersBy Corina Pons and Helen Reid MADRID (Reuters) - A year into chairing the world's biggest fashion retailer, Marta Ortega is trying to shake up Zara ow...
Polish e-commerce firm Allegro eyes higher Q1 profit
March 30, 2023 03:50 PM AEDT | By Reuters(Reuters) - Poland's biggest e-commerce platform Allegro expects its core earnings will rise in the first quarter, it said Thursday, as it focuses on...
Amazon, other retailers revamp 'free' shipping as costs soar
March 24, 2023 09:16 PM AEDT | By ReutersBy Lisa Baertlein LOS ANGELES (Reuters) - There is no such thing as free shipping. Even so, Amazon.com Inc and other online retailers who use so-calle...
Zara owner Inditex's Americas profits surge as China slips
March 17, 2023 02:44 AM AEDT | By ReutersMADRID (Reuters) - Asia was an outlier for Zara owner Inditex last year, the only region where profits fell as China faced COVID-19 lockdowns, while p...
Zara owner Inditex seen outshining H&M in fast-fashion showdown
March 15, 2023 01:51 AM AEDT | By ReutersMADRID/STOCKHOLM (Reuters) - Zara owner Inditex will go head-to-head with Sweden's H&M on Wednesdsay when the world's biggest fast fashion retaile...
Vietnam Jan-Feb exports down 10% amid weak global demand
March 09, 2023 04:05 PM AEDT | By ReutersHANOI (Reuters) - Exports from Vietnam, a regional manufacturing hub, fell 10% in the first two months of this year from a year earlier, as weakening...
Czech online grocers look east and west beyond their home market
March 01, 2023 06:23 PM AEDT | By ReutersBy Michael Kahn and Jason Hovet PRAGUE (Reuters) - Two Czech online grocers - one a start-up "unicorn", the other backed by a billionaire businessman...
Chile's Falabella posts Q4 net loss as key sectors see revenue drop
March 01, 2023 09:48 AM AEDT | By Reuters(Reuters) - Chilean retailer Falabella on Tuesday reported a fourth-quarter net loss of 22.6 billion Chilean pesos ($26.3 million), after posting a ne...
Venezuelan liquor cocuy is winning awards, but producers face hurdle...
February 27, 2023 10:22 PM AEDT | By ReutersBy Keren Torres SIQUISIQUE, Venezuela (Reuters) - The international profile of cocuy, an artisanal Venezuelan liquor made from agave, is on the rise a...
Walmart's Mexico unit posts nearly 12% jump in Q4 net profit
February 16, 2023 08:19 AM AEDT | By ReutersMEXICO CITY (Reuters) - Walmart's Mexico unit on Wednesday posted a nearly 12% jump in its fourth-quarter net profit from the year earlier period, wit...
Jewellery maker Pandora says organic sales could rise or fall this y...
February 08, 2023 05:55 PM AEDT | By ReutersCOPENHAGEN (Reuters) - Danish jewellery maker Pandora expects organic sales growth between -3% and 3% this year, it said on Wednesday as it reported f...
Spanish court rules Amazon 'Flex' couriers were falsely self-employe...
February 03, 2023 11:51 PM AEDT | By ReutersMADRID (Reuters) - A Spanish court has ruled that Amazon must compensate self-employed couriers who used their own vehicles for deliveries, a move wel...
After a long, cold year, investors are flocking back to Europe
January 24, 2023 06:11 PM AEDT | By ReutersBy Alun John and Danilo Masoni MILAN/LONDON (Reuters) - A European recession looked like a no-brainer just a few weeks ago, but that picture has chang...
Amazon will not cut jobs in Italy, unions say after meeting
January 18, 2023 05:18 AM AEDT | By ReutersMILAN (Reuters) - Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said on Tuesday after a video meetin...
Britain's M&S to invest $587 million in store estate
January 16, 2023 09:11 PM AEDT | By ReutersBy James Davey LONDON (Reuters) - British clothing and food retailer Marks & Spencer plans to open 20 new, bigger stores in its 2023-24 year as pa...
UK's M&S plans to open 20 new stores in Britain - The Times
January 16, 2023 09:45 AM AEDT | By Reuters(Reuters) - British retailer Marks & Spencer plans to open 20 new stores creating 3,400 jobs throughout Britain, The Times reported on Monday. (Re...
M&S boss says he is not worried about guidance for year ahead
January 12, 2023 08:35 PM AEDT | By ReutersLONDON (Reuters) - Marks & Spencer boss Stuart Machin said on Thursday he was not particularly "worried" about the company's guidance for the year...
ASOS identifies cost savings after Christmas sales slide
January 12, 2023 08:33 PM AEDT | By ReutersBy Sarah Young LONDON (Reuters) - Online fashion retailer ASOS said operational changes would help deliver a 300 million pound benefit to its current...
Festive cheer boosts profit outlook for UK's Card Factory
January 10, 2023 10:32 PM AEDT | By ReutersBy Aby Jose Koilparambil (Reuters) - UK greeting cards retailer Card Factory lifted its full-year earnings forecast on Tuesday after people flocked to...
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