Retail
Stores, ecommerce, distribution, channels and the changing path from product makers to consumers.
Primark leans on expansion for growth
But the Irish apparel retailer needs more than new brick-and-mortar stores to stimulate consumer demand, according to GlobalData analysts.
H&M reports higher profits despite declining sales
The H&M Group continues to face competitive pressure. Nevertheless, the group is managing to improve its profit margins.
Google taps top Aussie retailers in AI shopping rollout
Google is debuting its AI shopping tool with a “truly intelligent” shopping cart to centralise the customer’s online shopping experience.
Amazon, Ebay and Kogan issued take-down requests by ACCC
Australian consumer watchdog the ACCC has issued takedown requests to a series of major online retailers over the sale of toys that could be in breach of Australian Consumer Law.
CP Axtra taps Ayala Corporation to aid Thailand growth plans
CP Axtra, the operator of Makro and Lotus' hypermarkets, is expanding its operations in Thailand with Ayala Corporation.
SSI Group's profit sinks as shoppers cut back on luxury spending
Philippines luxury retailer SSI Group saw first-quarter earnings fall sharply as consumers prioritised essentials over luxury spending.
Former Amazon France executive joins Tom&Co
Frédéric Duval, who led Amazon in France and Belgium for more than ten years, is joining the Board of Directors of Tom&Co, the Belgian market leader in pet stores.
Claire’s closes its stores in the United Kingdom and Ireland
The accessories chain Claire's is now also throwing in the towel in the United Kingdom and Ireland. A total of 154 stores will close.
Business-to-business brand Colruyt Professionals is expanding into Flanders
Colruyt Professionals, the retail format through which Colruyt Group serves exclusively professional customers, is opening its first two stores in Flanders.
Ballerina appoints new agent for UK
German kitchen brand Ballerina-Küchen has named Shanti Panchani as its new UK agent and dealer representative, looking to grow the manufacturer’s network across the country.
Marketplace Briefing: Amazon expands AI-powered Shop Direct program that lets customers buy from other retailers’ sites
Amazon is expanding Shop Direct, which lets shoppers find and buy items from other retailers even when those items aren’t sold on Amazon.com.
Guzman y Gomez reports 45 per cent profit rise in first half
Guzman y Gomez (GYG) delivered net earnings of $10.6 million in the fiscal first half, representing a 44.9 per cent surge from the year-ago period.
JB Hi-Fi turns focus to ‘significant’ online traffic after bumper earnings
Electronic retailer JB Hi-Fi is turning its attention to its booming online sales, after expressing caution despite record earnings.
Lanvin Group carves out Italian menswear label Caruso
Lanvin Group has completed the strategic carve-out of Italian luxury menswear brand Caruso, as it sharpens its focus on core brands.
Amazon US axes 16,000 jobs in second major round of layoffs
Amazon confirmed 16,000 corporate job cuts on Wednesday, completing a plan for around 30,000 since October, while leaving open the possibility of further reductions.
Amazon names Matt Benham as Australia country manager
Amazon Australia has appointed Matt Benham as country manager, following Janet Menzies' promotion to technical advisor to Amazon Stores CEO Doug Herrington.
