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…
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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…
Dino Polska Reports Double-Digit Revenue Growth In First Half
Dino Polska has reported revenue of PLN 18.0 billion in the first half of its financial year, reflecting a 12.5% year-on-year increase.
Global retail ad market to hit $200bn milestone this year, but growth slowing as ‘enshittification’ looms
The global retail media market continues to grow and evolve, with ad investment projected to surpass the milestone of $200bn this year and reach $223bn by 2027, according to the…
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.
Michaels launches 3D digital frame builder
The retailer is harnessing 3D and AR technology to help shoppers preview frames in their spaces.
Walmart touts low prices, meal offerings as key grocery levers
“Our price gaps to conventional grocers here in the U.S. are strong, and they continue to widen,” CEO and President John Furner said on an earnings call.
Walmart’s stores have ‘evolved’ as e-commerce grows
CFO John David Rainey said brick and mortar is vital as retail becomes more omnichannel. Meanwhile, Walmart's Q2 U.S. comps were softened by drug pricing regulation.
Lululemon says it has ‘talented teams and leaders in place’ as communications chief exits
Bill Chandler will leave the company just days before incoming CEO Heidi O’Neill arrives.
Exchange for Change appointed to run Welsh DRS
The appointment comes four months after the organisation's original application was rejected
PCC Community Markets CEO to retire in 2027
Krish Srinivasan, who became the Seattle-based co-op’s leader in 2022, is preparing to depart after leading the grocer back to financial health.
TJX blames merchandising missteps for rare miss in the US, but is that the whole story?
Some analysts believe the off-price retailer is also suffering the consequences of stiffer competition and consumers’ resistance to price increases.