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Retail
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...
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...
Russia's Tinkoff banking app removed from App Store
March 02, 2023 06:16 PM AEDT | By ReutersMOSCOW (Reuters) - Sanctioned Russian digital lender Tinkoff Bank said on Thursday its mobile applications had been deleted from Apple's App Store, fo...
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...
Russia's Magnit opens first 'hard discount' stores
February 28, 2023 06:21 PM AEDT | By Reuters(Reuters) - Russia's Magnit supermarket chain launched its first "hard discount" stores under a new brand on Tuesday, the company said, as falling liv...
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...
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...
Consumer stocks drag FTSE 100 lower amid recessionary jitters
January 10, 2023 09:13 PM AEDT | By ReutersBy Shashwat Chauhan (Reuters) - Britain's FTSE 100 retreated from a three-and-a-half-year high on Tuesday, led by consumer stocks amid recession worri...
UK recession to limit food retail sales growth in 2023 -NielsenIQ
January 10, 2023 08:43 PM AEDT | By ReutersBy James Davey LONDON (Reuters) - Weak confidence around personal finances and a squeeze on disposable income will hold back growth in food retail sal...
London stocks slip as consumer shares drag on recession fears
January 10, 2023 08:02 PM AEDT | By Reuters(Reuters) - Britain's FTSE 100 retreated from a three-and-a-half year high on Tuesday, led by consumer stocks amid recession worries, with investors a...
UK's Card Factory sees annual profit ahead of market expectations
January 10, 2023 07:14 PM AEDT | By Reuters(Reuters) - British greeting cards retailer Card Factory forecast annual core earnings ahead of market expectations on Tuesday as people rushed to its...
UK recession to limit 2023 growth in food retail sales to 5% - Niels...
January 10, 2023 07:12 PM AEDT | By ReutersBy James Davey LONDON (Reuters) - Weak confidence around personal finances and a squeeze on disposable income will hold back growth in food retail sal...
UK's Card Factory expects FY profit to beat market expectations
January 10, 2023 06:42 PM AEDT | By Reuters(Reuters) - British greeting cards retailer Card Factory forecast annual core earnings ahead of market expectations on Tuesday as people rushed to its...
After Christmas relief UK retailers face 2023 reality check
January 06, 2023 11:30 PM AEDT | By ReutersBy James Davey LONDON (Reuters) - Updates next week from Britain's biggest retailers including Tesco, Sainsbury's and Marks & Spencer are expected...
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