RetailNow

Showing 46 – 60 of 43610

B&M reports continued growth in Q3

Thursday, Jan 10, 2019

B&M Group sales revenue for the quarter ended 29 December 2018 increased by 12.1% on a constant currency basis. On an actual currency basis, total sales revenue increased also by 12.1% to GBP1.08 billion.


John Lewis reports marginal sales increase over Christmas period

Thursday, Jan 10, 2019

John Lewis Partnership reported Christmas trading statement for seven weeks to 5 January 2019 where gross sales increased 1.4% versus last year to GBP2,207 million.


Marks and Spencer reports steady performance in Q3

Thursday, Jan 10, 2019

Marks and Spencer reported steady like-for-like performance with its transformation programme on track. Total UK sales stood at GBP2.78 billion with Food sales at GBP1.67 billion and Clothing and Home at GBP1.1 billion. Clothing & Home revenue ...more

Tesco Q3 LFL sales increase in the UK, reports strong Booker growth

Thursday, Jan 10, 2019

Tesco reported Q3 results for 13 weeks to 24 November 2018, and the Christmas period - 6 weeks to 5 January 2019. Like-for-like sales in the UK & ROI business including Booker grew by 1.9% in the third quarter and 2.6% in the six-week Christmas ...more

CVS Health CEO lays out plans for Aetna integration

Thursday, Jan 10, 2019

CVS Health CEO Larry Merlo said that CVS and its newly acquired health insurer Aetna are already rolling out new services and programs to customers one month after the deal closed.


Metro Cash & Carry becomes profitable in India

Thursday, Jan 10, 2019

German wholesaler Metro AG’s Indian arm Metro Cash & Carry has turned profitable 15 years after the company entered India. Metro reported sales of EUR776 million (USD908 million) in 2017-18, a decrease of 2.8% from 2016-17’s EUR798million (USD934 ...more

Tencent launches new voice assistant

Thursday, Jan 10, 2019

Tencent has unveiled its new voice assistant called Xiaowei. The AI is intended to expand the reach of the hugely popular WeChat app beyond smartphones and allow WeChat functionality to be part of smart connected device ecosystems, such as home ...more

AS Watson Rossmann reports 5.1% sales growth in FY 2018

Thursday, Jan 10, 2019

AS Watson-owned Rossmann has announced sales growth of 5.1% in FY 2018 to EUR9.46 billion. Sales in Germany increased by 4.1% to EUR6.66 billion. While sales in other countries including Poland, Hungary, the Czech Republic, Turkey, Albania and ...more

Falabella announces USD4.2 billion investment plan

Thursday, Jan 10, 2019

Chilean retailer Falabella has announced its 2019-2022 organic investment plans totalling investments of USD4.2 billion with the continuing objective of building out its digital and physical ecosystem. USD1.5 billion (37%) will be allocated to ...more

JCPenney reports 3% decline in holiday sales 2018

Thursday, Jan 10, 2019

Department store retailer JCPenney has announced holiday season sales for the nine-week period ended on 5 January 2019. Comparable store sales decreased by 3.5%. The retailer is evaluating its store portfolio and plans to shut down three stores ...more

Bed Bath & Beyond reports sales increase in Q3 2018

Thursday, Jan 10, 2019

Bed Bath & Beyond reported financial results for the third quarter of fiscal 2018 ended 1 December 2018. Net sales for Q3 were approximately USD3.0 billion, an increase of approximately 2.6% compared to the previous year. Comparable sales ...more

Mothercare reports declining sales in Q3 2019

Thursday, Jan 10, 2019

Mothercare has reported its Q3 results for the 13 week period to 5 January 2019. UK like-for-like Q3 sales slid 11%, as a result of what the retailer termed a difficult consumer environment, saying aggressive discounting in the previous year ...more

LVMH Sephora appoints new Americas CEO

Thursday, Jan 10, 2019

Sephora has appointed Jean-Andre Rougeot as the new CEO of its Americas operations. Rougeot replaces former CEO Calvin McDonald who vacated the role in July 2018 to lead Lululemon Athletica. Rougeot was most recently the CEO of Benefit ...more

Tesco trials robotic delivery with Starship Technologies

Wednesday, Jan 9, 2019

In the UK, Tesco has started using robots for the delivery of online purchases to ...more

Amazon to test sample ad strategy

Wednesday, Jan 9, 2019

Amazon is turning free samples into paid ads through a new program first spotted by Axios. Amazon will use its customer data to ship machine learning-tailored products from paying brand names to provide 'a higher likelihood of conversion than ...more

Showing 46 – 60 of 43610