Retail & Consumer
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Retail & Consumer
Retail & Consumer
Ross Stores jumps after raising full-year profit guidance
Ross Stores' shares surged nearly 9% in premarket trading on Friday, after the value retailer raised annual guidance and projected quarterly sales growth above analyst expectation...
Retail & Consumer
Guzman y Gomez posts 30% profit jump on Australia sales growth
Mexican-themed fast-food chain Guzman y Gomez reported a roughly 30% jump in annual profit on Friday, helped by higher network sales in Australia, sending its shares to their hig...
Retail & Consumer
Ross Stores raises annual profit forecast again on discounted apparel demand
Value retailer Ross Stores raised its profit forecasts on Thursday after reporting better-than-expected second-quarter results, signaling that demand for discounted apparel and ac...
Retail & Consumer
Prime Video to invest more than $2 billion in Latin America through 2030
Prime Video said on Thursday it plans to invest more than $2 billion in Latin America between 2027 and 2030, as it expands its original programming and sports offerings across Me...
Retail & Consumer
Meta's Zuckerberg buys 19th-century castle in southeast of Ireland
Meta CEO Mark Zuckerberg has bought a 19th-century Gothic-style castle overlooking a river in the southeast of Ireland, 200 kilometres (125 miles) from his company's European hea...
Retail & Consumer
Chinese e-commerce giant JD.com offers EU remedies in Ceconomy takeover probe
Chinese e-commerce giant JD.com has offered remedies in the European Union's probe of its $2.5 billion bid for German electronics retailer Ceconomy , according to an EU regulato...
Retail & Consumer
Ocado confirms Denmark's nemlig as latest European partner
British technology and online supermarket group Ocado on Thursday confirmed Danish online grocer nemlig as the previously unnamed European retailer announced as its latest partne...
Retail & Consumer
France fines Boohoo €2.3 million over deceptive discounts on website
France's consumer watchdog fined British fast-fashion retailer Boohoo €2.3 million ($2.7 million) for deceptive practices such as fake discounts on its website, it said on Thursda...
Retail & Consumer
Senate Democrats question USDA about data errors, staff losses
U.S. Senate Democrats asked the Department of Agriculture late on Wednesday to explain what caused the agency to vastly overstate beef export sales last month and what role depart...
Retail & Consumer