U.K. Shopper Traffic Rises on January’s Bargain Hunt, BRC Says
Retail footfall jumped 6.6% despite inclement weather, stimulated by promotional activity after a disappointing Christmas ...
Italy’s Watchdog Blocks AI App DeepSeek Over Data-Privacy Concerns, Launches Probe
The watchdog blocked access to DeepSeek after the companies that provide the DeepSeek chatbot service allegedly failed to ...
Fever-Tree Launches Share Buyback After Deal With U.S. Molson Coors
Fever-Tree Drinks said it reached a long-term partnership with Molson Coors to boost growth in the U.S. and that it would ...
Sainsbury’s to Cut More Than 3,000 Jobs
The grocer said the layoffs are part of a simplification of its central divisions and management structures, and include a 20% reduction of senior management roles.
Future PLC Expects to Meet Market Views on Continued U.S. Progress
For the fiscal year as a whole, Future said it is confident it can meet the company-compiled consensus of revenue at 776.9 million pounds ($969.6 million), and adjusted operating profit--which strips ...
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Sainsbury’s Christmas Sales Grew on Higher Volumes, Expects Profit in Line With Market Views
Retail free cash flow guidance remains unchanged at no less than 500 million pounds. Write to Michael Susin at [email protected] ...
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Currys to Restart Dividends Payout After Robust Christmas Sales
In the Nordics market, comparable sales grew 1%, supported by market share gains with a positive balance of sales and profit margins. Write to Michael Susin at [email protected] ...
Puma Misses Income Target Despite Sales Growth
Puma said quarterly net income came in below expectations despite positive sales growth. The German sporting-goods company said late Wednesday that net income for the fourth quarter rose to 24 million ...