Brazil’s Assaí Posts €3.6bn In Q2 2026 Revenue
Brazilian cash-and-carry company Assaí posted gross revenue of R$ 21.4 billion (€3.6 billion) for the second quarter of 2026.
Corporate
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Douglas hints at store closures following loss-making quarter
The Douglas perfume chain is feeling the reluctance of European consumers more and more acutely. In the third quarter, revenue fell slightly, but operating profit took a much…
Stevensons operations director on digital innovation making back-to-school shopping child’s play
As back-to-school shopping becomes increasingly digital, Stevensons is leaning on a century of retail experience, while accelerating investment in ecommerce, personalisation and…
Waitrose Jesmond reopens after multi-million-pound refurbishment
Waitrose has reopened its Jesmond supermarket following a multi-million-pound refurbishment as part of the retailer’s wider £1bn investment programme. The Newcastle store welcomed…
South Africa's Shoprite Sees Annual Earnings Rising Up To 14.7%
South Africa's Shoprite Holdings said it expects annual headline earnings to rise by as much as 14.7%, supported by steady sales growth.
Waitrose Jesmond reopens after multi-million-pound refurbishment
Waitrose has reopened its Jesmond supermarket following a multi-million-pound refurbishment as part of the retailer’s wider £1bn investment programme. The Newcastle store welcomed…
Ardagh Glass Packaging Invests In Electric Heat Pump System At German Facility
Ardagh Glass Packaging is shifting away from gas at its Obernkirchen facility in Germany with a new electric heat pump system.
Shein targets lower valuation for Hong Kong float after profit slide
For its planned float on the Hong Kong Stock Exchange, Shein has presented investors with a valuation in the mid-to-high $20 billions. The post Shein targets lower valuation for…
On shares plunge as Q2 sales miss expectations despite profit growth
On lowered its full-year sales outlook as second-quarter revenue growth slowed in its largest market
Gay Lea Foods ploughs investment into cottage cheese expansion
Gay Lea Foods Co-operative is investing more than C$200m (US$143.5m) to expand cottage cheese production in Canada. The post Gay Lea Foods ploughs investment into cottage cheese…
Douglas Core Profit Lags Market Expectations As Beauty Shoppers Seek Deals
Germany's Douglas missed third-quarter core earnings expectations, citing high price sensitivity among consumers in its key European markets.
Bershka makes its debut in the United States with Miami store
Bershka is taking another step forward in its international expansion. Inditex's youth fashion chain will open its first brick-and-mortar store in the United States, specifically…