Alibaba profits hit by AI spending despite strong cloud growth
Alibaba has reported a sharp fall in quarterly profits as the Chinese technology giant ramps up investment in its AI infrastructure. The post Alibaba profits hit by AI spending…
Actualité européenne des PGC
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.
Retail sales fall in July – but consumer confidence improves
Retail sales volumes fell in July after two consecutive months of increases, according to the latest ONS (Office of National Statistics) data. The post Retail sales fall in July –…
UK retail sales volumes drop 0.5% in July following June surge
Promotional activity brings demand forward as heatwave impacts high street footfall
Alibaba revenue rises 9% to RMB268.95bn as AI Cloud sales surge 45%
Group adjusted EBITDA falls 14% to RMB39.14bn as investment in technology and AI weighs on earnings
Garage and Dynamite bring Klarna payments to stores
Flexible payments provider Klarna is now available in-store at fashion brands Garage Clothing and Dynamite locations across Canada, the US and the UK.
Waitrose partners with National Geographic on regenerative farming series
Waitrose has partnered with National Geographic CreativeWorks to launch a two-part YouTube series highlighting regenerative farming and the retailer’s work at its Leckford Estate…
Retail sales fell in July despite food and drinks boost
UK retail sales fell 0.5 per cent in July as the prolonged heatwave and an earlier start to summer promotions impacted fashion and non-food spending. The drop followed a revised…
Food manufacturers urge Burnham to cut costs
Food and drink manufacturers are calling on Prime Minister Andy Burnham to curb labour and energy costs as confidence across the sector remains firmly negative. The Food and Drink…
Boohoo hit with £2m fine in France over ‘fake’ discounts
Boohoo has been slapped with a £2m fine in France after the country’s consumer watchdog found the fashion retailer had misled shoppers with discounts that were not always genuine…
Tesco Launches Rapid Delivery Pilot In Prague With Wolt
Tesco is expanding its e-commerce footprint in Czechia with the launch of Tesco Hned, an ultra-fast delivery service.
Orgain Kids Protein Smoothies
As families gear up for back-to-school season and busy routines, Orgain introduced a nutritious snack option for kids: Orgain Kids Protein Smoothies — non-dairy smoothie pouches…
Trump admin’s dietary guidelines face lawsuit from doctors’ group
The Physicians Committee for Responsible Medicine said recommendations were illegally shaped by beef and dairy industry insiders.