Meituan Swings To Profit In Q2 As Price Wars Subside
Meituan returned to profit and beat revenue growth forecasts as subsidy-driven competition in China’s one-hour delivery market eased.
Retail news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Temu owner sees Q2 profits fall amid domestic competition
The online retail giant reported a 12% drop in quarterly net income despite revenue growth
Halfords ups FY27 profit guidance as warm weather boosts sales
Heightened demand for seasonal items generated an estimated £5m in extra profit
Delivery Hero Lifts 2026 Outlook On Strong Growth Amid Uber Takeover Bid
Delivery Hero lifted its forecasts for 2026 on Thursday, citing an accelerating rise in demand and better-than-expected profitability.
Natural Grocers Posts 1.8% Q3 Sales Growth Despite Profit Squeeze
US retailer Natural Grocers reported its third-quarter financial results for fiscal 2026, highlighted by 1.8% growth in net sales.
KEY PLAYER PROFILE How FlipKart scales retail media across a mobile-first, price-sensitive market
Flipkart’s retail media operation offers an insight into how the model evolves outside Western markets. In India – one of the world’s fastest-growing digital economies – retail…
Australian Grocer Woolworths Beats Annual Profit Expectations
Woolworths flagged a strong start to the new fiscal year after beating annual profit expectations, sending its shares to a five-year high.
Canada's Metro Inc. Sees Q3 Profit Fall Due To Restructuring Costs
Canadian grocery and pharmacy retailer Metro Inc. reported a 34.6% annual drop in net profit in the third quarter of its financial year.
Fierce competition weighs on Temu’s profits
PDD Holdings, the parent company of Chinese e-commerce discount retailer Temu, is seeing its profits decline due to fierce competition in its home market, while in the U.S. and…
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…
Mamas & Papas secures refinancing after record year
Mamas & Papas has completed a refinancing deal aimed at supporting its next phase of growth after posting record sales and profit in its latest financial year. The nursery…
Specsavers profits jump as owners resume dividend payouts
Specsavers has resumed dividend payments to its parent company after profits surged by more than a quarter during its latest financial year. The company paid a £12m dividend to…