Lulu Retail Reports €1.7bn In Q2 Revenue, Boosted By E-Commerce, Expansion
Pan-GCC retailer Lulu Retail posted revenue of $1.97 billion (€1.7 billion) in Q2 2026, driven by e-commerce and small-format stores.
L’actualité de l’alimentaire, des boissons, de l’hygiène-beauté, de l’entretien, de la distribution et des services PGC, mise à jour automatiquement, avec un lien vers l’éditeur d’origine.
Pan-GCC retailer Lulu Retail posted revenue of $1.97 billion (€1.7 billion) in Q2 2026, driven by e-commerce and small-format stores.
The mass retailer is utilizing AI for wish lists and recommended actions on its e-commerce site, Target’s senior vice president of technology told Retail Dive.
Colombian-based Grupo Éxito registered a 31.6% surge in consolidated net profit for H1 2026, to COP 316 billion (€86 million).
Finnish S Group reported net-sales growth of 8.7%, to ~€8.1 billion, for H1 2026, while retail sales excluding taxes rose by 4.5%.
Mark Ibbotson, who helped lead the rollout of Walmart’s e-commerce platform, is the latest C-suite appointment for the supermarket chain.
The beauty retailer will debut exclusive monthly drops through the social media's e-commerce feature with content-led videos and a TikTok Live.
Customers who use Olive, Williams Sonoma’s AI agent, convert at three times a higher rate than those who do not.
Cencosud reported consolidated revenue of CLP 4.1 billion (€3.9 billion) in Q2, reflecting a 1.2% year-on-year decline.
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Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
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