Sprouts Farmers Market Generates €1.9bn In Q2 Sales
US supermarket chain Sprouts Farmers Market released its Q2 financial results, with net sales of $2.3 billion (€1.9 billion).
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Sneaker brand On would rather slow down than sacrifice profit margins
Sports shoe brand On posted lower-than-expected revenue in the second quarter. Growth slowed particularly in the Americas. However, the Swiss challenger to Nike and Adidas refuses…
Smithfield Foods Trims Full-Year Forecasts As Consumers Rein In Spending
Smithfield Foods cut its annual total sales and adjusted operating profit forecasts, citing ongoing challenges.
NewPrinces Group Relaunches GS Supermarket Brand In Italy
Italian retail and food conglomerate NewPrinces Group has initiated a major restructuring of its retail operations, placing the historic GS supermarket bra...
GameStop considers withdrawing its takeover bid for eBay
The American chain GameStop is reportedly considering withdrawing its unsolicited takeover bid for eBay and instead opting for a partnership with the online marketplace.
Boden unveils Nashville launch and Alabama plans
Boden is continuing its investment in the United States with the launch of its newest store in Nashville, Tennessee, and the announcement of a third standalone location set to…
Harrods returns to profit after Al Fayed compensation costs
The department store reports turnover close to £1.1bn as it recovers from previous annual losses
Next unveils major investment at Cribbs Mall store
Next has unveiled plans for a major investment at its Cribbs store in Bristol as it commits to an upsize and refit of the space.
Bell Food Group Posts Growth In Revenue And Profit In First Half
Bell Food Group has reported what it described as its 'best half-year result' to date, driven by its profitable growth strategy.
Beyoncé Buys Out LVMH's Stake In SirDavis Whisky
American pop star Beyoncé has acquired full control of the SirDavis whisky brand after French luxury goods group LVMH sold its stake to he...
Maisons du Monde begins new chapter after completing its rescue plan
The rescue plan, under which two British investment funds are taking over the struggling French home furnishings chain Maisons du Monde, has been finalized. This has averted the…
Shein IPO valuation could fall below $30bn as investor appetite cools
Shein could be forced to accept a valuation below $30bn (£22.4bn) for its long-awaited stock market debut as investors push back on the fast fashion giant’s proposed price tag…