Price Focus, Store Upgrades And Expansion Drive Jumbo’s H1 Results
Dutch supermarket chain Jumbo has reported consumer sales of approximately €6 billion in the first half of its 2026 financial year.
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Destination XL maps out a turnaround plan
The company’s sales declines continued in the second quarter, but interim CEO Lionel Conacher told analysts “a resumption in sales growth is imminent.”
After demise of Joann locations, fabric is now in 90% of Michaels stores
The craft retailer has expanded its Knit & Sew Shop and is hosting events in honor of National Sewing Month to celebrate.
The Friday Checkout: Will AI be the new grocery shopper?
Shopping assistants from retailers and tech providers promise convenience, but they may also make the experience less compelling.
The Weekly Closeout: Chewy’s sales jump and a retail exec turns politician
The pet retailer scored more than 7% net sales growth in the most recent quarter. Meanwhile, former Hudson’s Bay CEO Helena Foulkes could soon be Rhode Island’s governor.
Poundstretcher owner eyes deal to acquire Poundland
Fortress Investment Group is reportedly in talks to buy Poundland following its £1 rescue by Gordon Brothers last year
Harps names first director of AI
The grocer appointed Will McDoniel to the role to identify ways it can use the technology and more quickly adopt AI capabilities.
Amazon pilots ad services in ChatGPT: What marketers need to know
The managed service offering, which is in a U.S. pilot and available via Amazon DSP, comes as ChatGPT Ads recently hit a revenue milestone.
Ready For The Next Roll – Netto Opens Doors To ‘Store of the Future’
Danish discount retailer Netto is bringing its next-generation Netto 4.0 concept to the town of Høng, following months of testing.
Oxfam: “Secondhand items bought through Vinted generate five times more waste”
Not all forms of secondhand consumption are equally sustainable. According to a new report by Oxfam, platforms like Vinted generate a much larger carbon footprint than local…
Dhamecha to open new Bristol depot
The opening follows Dhamecha’s North West expansion, with its Liverpool depot opening less than two years ago
New circularity data: nine out of ten returned items lose value for retailers
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