JD Sports cuts profit guidance as footwear sales slow in Q2
Group organic sales fell 1.3%, while like-for-like sales dropped 3.1%
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JD Sports is struggling in the U.S.
The British retailer JD Sports is seeing its revenue continue to decline and expects lower profits, primarily due to weak consumer confidence in the U.S. In Europe, however, the…
CMA warns fuel retailers over slow price cuts as margins remain high
Fuel retailers have been criticised by the CMA for failing to pass falling wholesale costs on to motorists quickly enough, as the competition watchdog warned that profit margins…
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If traditional retail media is built around the point of purchase, Tripadvisor represents something slightly different: commerce media anchored at the point of discovery. It sits…
As Retail Stagnates, Ad Dollars Help Walmart Stay The Course
Walmart’s slowing same-store sales and cautious outlook put fresh focus on its growing advertising business to support profits.
GUEST POST The Golden Quarter will test whether cross-border growth is still profitable
With the Golden Quarter fast approaching, Paweł Zakielarz, CEO of Shopreturns, explores the potential impact of the EU's new €3 customs duty on peak trading. The post GUEST POST…
Mothercare reports sharp profitability drop due to Middle East disruption and end of Boots partnership
Mothercare reported a sharp fall in sales and profitability in its latest full-year results, which it has attributed to the continued challenges facing its franchise-led business…
JD.com returns to profit in Q2 despite rare dip in revenues
The company attributed the decline in top-line revenues primarily to a high base effect from the previous year
Thai Union Raises Full-Year Guidance After Strong Q2 Results
Thai Union Group exceeded gross profit margin expectations in Q2, driven by disciplined cost management and a favourable product mix.
Restaurant chain Exki posts its first profit in six years
For the first time in six years, Exki, the Belgian chain of healthy “fast casual” restaurants, returned to profitability last year, although profits remain very modest. The first…
Shein targets lower valuation for Hong Kong float after profit slide
For its planned float on the Hong Kong Stock Exchange, Shein has presented investors with a valuation in the mid-to-high $20 billions. The post Shein targets lower valuation for…
On shares plunge as Q2 sales miss expectations despite profit growth
On lowered its full-year sales outlook as second-quarter revenue growth slowed in its largest market